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Microfinancing from the Zakat Fund in Baitul Mal Aceh and the Readiness of Malaysia's Asnaf Entreprenuers

Samarah: Jurnal Hukum Keluarga dan Hukum Islam · Vol. 7 No. 1 (2023) · pp. 418–430

DOI
10.22373/sjhk.v7i1.16012
ISSN
2549-3167, 2549-3132
Published
2023-03-31
Publisher
Islamic Family Law Department, Sharia and Law Faculty, Universitas Islam Negeri Ar-Raniry
Language
eng

Abstract

The recent Covid-19 pandemic has swept the globe. As a result, there has been a spike in the number of relative poor who are experiencing economic hardships. This poses a predicament for the unbankable, reducing their options to apply for funding via banking products. With the available financial capacity, zakat institutions are viewed as the closest alternative in terms of being a source of funding, either through the microfinacing method or the qard hasan principle. Zakat is considered capable of becoming a social entrepreneurial system and a worthy alternative. The question is whether Islam permits microfinancing using zakat funds. If permitted, what is the rationale for distributing zakat through microfinance? Are there asnaf entreprenuers in Malaysia ready to take microfinance from the zakat fund to finance their businesses? This study is done using the case study method by conducting a semi-structured interview with zakat expertise and asnaf entreprenuers. Based on the content analysis, the findings of the study indicate that Islam permits microfinance using zakat funds. Asnaf entreprenuers are likewise eager to acquire microfinance from zakat money in order to to strengthen their economic position and develop in life. This microfinancing is expected to have a good effect, particularly on the rising demand for asnaf entreprenuers. So, it is expected that asnaf entreprenuers will be able to switch from being a zakat recipient to a zakat payer within a certain amount of time.

Keywords

Collaboration network of the authors

39 authors · 80 co-authorship links

Hover or tap a name to highlight its co-authors. Double-click to open the author's page.

  • Universitas Halu Oleo
  • Padjadjaran University
  • Sunan Kalijaga State Islamic University Yogyakarta
  • Affiliation unknown
  • Different organisations
  • Same organisation
  • Affiliation unknown
  • Thicker line = more joint articles · bigger circle = more articles
Show as table
Co-authorOrganisationJoint articles
Dewi YunitaAffiliation unknown2
Zahri HamatAffiliation unknown2
Fatin ‘Alia ZahriAffiliation unknown2
Radin Firdaus Radin BadaruddinAffiliation unknown2
Asrul JayaUniversitas Halu Oleo1
Najib HusainUniversitas Halu Oleo1
Fredy Akbar KAffiliation unknown1
Nurul AeniPadjadjaran University1
Iqbal RamliAffiliation unknown1
Haryadi HaryadiAffiliation unknown1
Yana IkhwanaAffiliation unknown1
Yuliani AisyahAffiliation unknown1
Kharisma RomadhonSunan Kalijaga State Islamic University Yogyakarta1
SRI - ATINAffiliation unknown1
Muftahatus SaadahAffiliation unknown1
Mohd Al Adib SamuriAffiliation unknown1
Zuliza Mohd KusrinAffiliation unknown1
Roseliza Murni Ab RahmanAffiliation unknown1
Nur Asmadayana HasimAffiliation unknown1
Nurul Syazwani Mohd NoorAffiliation unknown1
Nur Anis Raihana Mhd RodziAffiliation unknown1
Nurhana Nazira HairulanuarAffiliation unknown1
Nurul Izwah Muhd AdnanAffiliation unknown1
Hafizuddin Muhd AdnanAffiliation unknown1
Yanti Meldasari LubisAffiliation unknown1
Muhammad RyanAffiliation unknown1
Rabya A LahmerAffiliation unknown1
Ade Rahman FirdausAffiliation unknown1
Yulia MaharaniAffiliation unknown1
Suryamin AkbarudinAffiliation unknown1
Md Yazid AhmadAffiliation unknown1
Asiah Aqilah Abdul GhaniAffiliation unknown1
Ardiansyah Rusli.SAffiliation unknown1
Kaosar HayeejehwaeAffiliation unknown1
Sulansi SulansiAffiliation unknown1

Affiliations come from OpenAlex; journal OAI-PMH metadata carries none. Authors without an OpenAlex ID are matched by name, which can merge or split people.

Metadata source: OAI-PMH (metadata jurnal) https://jurnal.ar-raniry.ac.id/index.php/samarah/oai, first harvested 7 Nov 2026, last seen 7 Nov 2026.
Original metadata (oai_dc) 
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	<dc:title xml:lang="en">Microfinancing from the Zakat Fund in Baitul Mal Aceh and the Readiness of Malaysia's Asnaf Entreprenuers</dc:title>
	<dc:creator xml:lang="en">Zahri, Mohd. ‘Adli</dc:creator>
	<dc:creator xml:lang="en">Muhd Adnan, Nurul Ilyana</dc:creator>
	<dc:creator xml:lang="en">Irfan, Irfan</dc:creator>
	<dc:creator xml:lang="en">Mohd Kashim, Mohd Izhar Ariff</dc:creator>
	<dc:subject xml:lang="en">microfinance</dc:subject>
	<dc:subject xml:lang="en">zakat fund</dc:subject>
	<dc:subject xml:lang="en">Baitulmal Aceh</dc:subject>
	<dc:subject xml:lang="en">readiness</dc:subject>
	<dc:subject xml:lang="en">asnaf entreprenuers</dc:subject>
	<dc:subject xml:lang="en">Malaysia</dc:subject>
	<dc:description xml:lang="en">The recent Covid-19 pandemic has swept the globe. As a result, there has been a spike in the number of relative poor who are experiencing economic hardships. This poses a predicament for the unbankable, reducing their options to apply for funding via banking products. With the available financial capacity, zakat institutions are viewed as the closest alternative in terms of being a source of funding, either through the microfinacing method or the qard hasan principle. Zakat is considered capable of becoming a social entrepreneurial system and a worthy alternative. The question is whether Islam permits microfinancing using zakat funds. If permitted, what is the rationale for distributing zakat through microfinance? Are there asnaf entreprenuers in Malaysia ready to take microfinance from the zakat fund to finance their businesses? This study is done using the case study method by conducting a semi-structured interview with zakat expertise and asnaf entreprenuers. Based on the content analysis, the findings of the study indicate that Islam permits microfinance using zakat funds. Asnaf entreprenuers are likewise eager to acquire microfinance from zakat money in order to to strengthen their economic position and develop in life. This microfinancing is expected to have a good effect, particularly on the rising demand for asnaf entreprenuers. So, it is expected that asnaf entreprenuers will be able to switch from being a zakat recipient to a zakat payer within a certain amount of time.</dc:description>
	<dc:publisher xml:lang="en">Islamic Family Law Department, Sharia and Law Faculty, Universitas Islam Negeri Ar-Raniry</dc:publisher>
	<dc:date>2023-03-31</dc:date>
	<dc:type>info:eu-repo/semantics/article</dc:type>
	<dc:type>info:eu-repo/semantics/publishedVersion</dc:type>
	<dc:format>application/pdf</dc:format>
	<dc:identifier>https://jurnal.ar-raniry.ac.id/index.php/samarah/article/view/16012</dc:identifier>
	<dc:identifier>10.22373/sjhk.v7i1.16012</dc:identifier>
	<dc:source xml:lang="en">Samarah: Jurnal Hukum Keluarga dan Hukum Islam; Vol. 7 No. 1 (2023): Samarah: Jurnal Hukum Keluarga dan Hukum Islam; 418-430</dc:source>
	<dc:source>2549-3167</dc:source>
	<dc:source>2549-3132</dc:source>
	<dc:language>eng</dc:language>
	<dc:relation>https://jurnal.ar-raniry.ac.id/index.php/samarah/article/view/16012/8029</dc:relation>
	<dc:rights xml:lang="en">Copyright (c) 2023 Mohd. ‘Adli Zahri, Nurul Ilyana Muhd Adnan, Irfan Irfan, Mohd Izhar Ariff Mohd Kashim</dc:rights>
</oai_dc:dc>