Strategies for Advancing Waqf Governance through SIMAM Technology in the Muhammadiyah Organization

This study examines strategies for implementing and optimizing technology to enhance sustainable waqf management within the Muhammadiyah community. As an Islamic philanthropic instrument, waqf plays a significant role in supporting Muhammadiyah's charitable initiatives. However, suboptimal asset management, limited human resource competency, and a lack of transparency hinder effective waqf governance. This research employs a descriptive qualitative approach and a SWOT analysis to examine the internal and external factors influencing waqf management. Findings indicate that technological use, such as the Muhammadiyah Asset Management Information System (SIMAM) and digital platforms like sharia-compliant crowdfunding and blockchain, can enhance efficiency, transparency, and accountability in waqf management. The proposed strategies include technology-based training, integrated management systems, and improved cross-departmental synergy. The results are expected to support Muhammadiyah as a pioneer in technology-based waqf management in Indonesia

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Publication Details

Journal
Journal of Economics Finance and Management Studies
Published
2025-08-25
DOI
https://doi.org/10.47191/jefms/v8-i8-48
Primary Topic
Islamic Finance and Banking Studies
Type
article
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article

Strategies for Advancing Waqf Governance through SIMAM Technology in the Muhammadiyah Organization

Junarti, Isnan Hari Mardika, Amirsyah
Journal of Economics Finance and Management Studies
Islamic Finance and Banking Studies
article

Strategies for Advancing Waqf Governance through SIMAM Technology in the Muhammadiyah Organization

Junarti, Isnan Hari Mardika, Amirsyah
article en

Abstract

This study examines strategies for implementing and optimizing technology to enhance sustainable waqf management within the Muhammadiyah community. As an Islamic philanthropic instrument, waqf plays a significant role in supporting Muhammadiyah's charitable initiatives. However, suboptimal asset management, limited human resource competency, and a lack of transparency hinder effective waqf governance. This research employs a descriptive qualitative approach and a SWOT analysis to examine the internal and external factors influencing waqf management. Findings indicate that technological use, such as the Muhammadiyah Asset Management Information System (SIMAM) and digital platforms like sharia-compliant crowdfunding and blockchain, can enhance efficiency, transparency, and accountability in waqf management. The proposed strategies include technology-based training, integrated management systems, and improved cross-departmental synergy. The results are expected to support Muhammadiyah as a pioneer in technology-based waqf management in Indonesia

Journal of Economics Finance and Management StudiesVol. 08(08)
Openalex Percentile: Top 67%
Islamic Finance and Banking Studies
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Strategies for Advancing Waqf Governance through SIMAM Technology in the Muhammadiyah Organization — Junarti, Isnan Hari Mardika, et al. · Journal of Economics Finance and Management Studies (2025) | TGRS Research Map | TGRS