Journal Article
Published
Does GCG Implementation in BWUT (Badan Wakaf Uang Tunai) MUI DIY Affect Waqifs Trust?
Abstract
In 2019 BWUT MUI DIY managed to raise waqf funds of Rp.627,352,991
with a wakif number of 1854 people. But there is a difference in increased Rp.
27,352,991 of 174 wakifs in 2 years by BWUT MUI DIY. These problems are
influenced by professionalism in the management of cash waqf. In addition, there
is still the management of waqf institutions that are less than ideal and by GCG
principles. This study aimed to determine the effect of each direction of GCG in
waqf management on wakif trust. This research is quantitative by sample waqf in
BWUT MUI DIY. The data was obtained by questionnaire and analyzed using
SEM-PLS supported by the SmartPLS 3.0 application software. The findings in
this study indicate that the transparency variable has three t-statistics greater than
1.64, so it can be identified as significant to wakif trust. While the independency
variable has an OSE value of -0.341 which means it is negative with a t-statistic
greater than 1.64, this result indicates that the better the implementation of
independence. And the accountability variable does not affect wakif trust by a
t-statistic value of 0.458. However, the transparency variable can be interpreted
that the better the implementation of the GCG principle in the waqf institution
impacted to increasing the level of wakif trust.
Publication Details
JournalEQUILIBRIUM: Jurnal Ekonomi Syariah
Volume10 (2)
Pagespp. 315-346
ISSN2355-0228
SubjectsK Law > K Law (General)
KeywordsCash Waqf; Good Corporate Governance; Trust; Wakif
Item ID2163
Deposited19 Mar 2023 03:45