Implementation Analysis of a Waqf Management System in Indonesia

Gusti Oka Widana, Ahmad Fatihin, Isyana Pramita Ramadhani

Abstract

In Islamic social finance, waqf is a crucial instrument. Founded in 1912, Muhammadiyah is one of Indonesia’s biggest waqf management organizations. Muhammadiyah optimizes waqf administration by implementing the Muhammadiyah Asset Administration Information System (SIMAM) through the Council for Waqf and Treasury. Nevertheless, barely 50% of waqf assets have been registered after five years of implementation. Thus, the goal of this research is to investigate important factors to be considered in accelerating the acceptance of new information technology, using the model of the unified theory of acceptance and use of technology (UTAUT). Following data analysis with partial least squares (PLS), this research discovered that social influence is the only factor that significantly stimulates a person’s intention to adopt the newly introduced system. The novelty of this study lies in its suggestion regarding the critical role of mentors or supervisors in promoting and encouraging users about the importance of SIMAM for the organization’s effectiveness in waqf management. Additionally, the study also highlights the need for users to receive training to understand how SIMAM will help their jobs and organizations.

 

Keywords: waqf, Muhammadiyah, unified theory of acceptance and use of technology, social influence.

 

https://doi.org/10.55463/issn.1674-2974.51.1.7


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