A Snapshot of Waqf Crowdfunding Accountability: The Case of Kitabisa.com

Main Article Content

Hidayatul Ihsan
Dita Santika
Eliyanora
Gustina

Abstract




 

In recent years, waqf crowdfunding is widely used by many waqf institutions to raise funds. This online-based fundraising method has unique features that make it different to the traditional waqf collections. While in the traditional waqf collection the nazhir/mutawalli (waqf manager) can easily identify those who have donated their assets as waqf, in crowdfunding system the nazhir hardly know who the donors (waqif) are, due to the anonymous feature in the platform. Hence, the way nazhir discharges accountability to the public could be different. The existing studies discuss the importance of waqf accountability, but none of them have investigated the accountability side of waqf crowdfunding. This study, therefore, aims to portray the mechanism of waqf crowdfunding and how crowdfunding operator and nazhir show their accountability. To do so, a case study at kitabisa.com, one of the largest donation-based crowdfunding platforms in Indonesia, was conducted. Data was collected through interviews, email correspondences, and web content analysis. The findings of this study show that there have been some efforts made by both crowdfunding operator and nazhir to discharge their accountability. Meanwhile, the absence of existing regulation to waqf crowdfunding in Indonesia could be a threat to waqf accountability. This study concludes with some recommendations for the improvement of waqf crowdfunding in the future.





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Ihsan, H., Santika, D. ., Eliyanora, & Gustina. (2021). A Snapshot of Waqf Crowdfunding Accountability: The Case of Kitabisa.com. Rafgo, 1(2), 16–27. Retrieved from https://akuntansi.pnp.ac.id/rafgo/index.php/RAFGO/article/view/12
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