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WAQF accounting and management in Indonesian WAQF institutions: The cases of two WAQF foundations

Hidayatul Ihsan (Accounting Department, Padang State Polytechnic, Padang, Indonesia)
Shahul Hameed Hj. Mohamed Ibrahim (The International Centre for Education in Islamic Finance, Kuala Lumpur, Malaysia)

Humanomics

ISSN: 0828-8666

Article publication date: 1 November 2011

Abstract

Purpose

The purpose of this study is to examine accounting and management practices in two Indonesian awqaf institutions. It intends to seek evidence with regard to how mutawallis discharge their accountability.

Design/methodology/approach

Two case studies were undertaken on two awqaf institutions in Indonesia, i.e. ABC and XYZ waqf foundations. Data were collected through various methods, i.e. interviews, document reviews and direct observations.

Findings

The findings show that ABC shows more efficient management and greater transparency and accountability than XYZ due to the presence of Islamically committed professionals in the former, despite the better accounting information system and more “academically” qualified personnel in the latter.

Research limitations/implications

This study only concentrates on two Indonesian awqaf institutions.

Practical implications

This study is expected to contribute to the improvement of waqf administration.

Originality/value

The paper is the first attempt to address accounting issues in awqaf institutions, particularly in Indonesia.

Keywords

Citation

Ihsan, H. and Hameed Hj. Mohamed Ibrahim, S. (2011), "WAQF accounting and management in Indonesian WAQF institutions: The cases of two WAQF foundations", Humanomics, Vol. 27 No. 4, pp. 252-269. https://doi.org/10.1108/08288661111181305

Publisher

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Emerald Group Publishing Limited

Copyright © 2011, Emerald Group Publishing Limited