Generation Z perceptions in paying Zakat, Infaq, and Sadaqah using Fintech: A comparative study of Indonesia and Malaysia
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Received May 30, 2022;Accepted June 29, 2022;Published July 1, 2022
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Author(s)Link to ORCID Index: https://orcid.org/0000-0002-0383-7346Link to ORCID Index: https://orcid.org/0000-0002-5237-064XLink to ORCID Index: https://orcid.org/0000-0002-7095-0437
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DOIhttp://dx.doi.org/10.21511/imfi.19(2).2022.28
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Article InfoVolume 19 2022, Issue #2, pp. 320-330
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Generation Z is the future generation with technology familiarity and is a trendsetter in financial technology. This study aimed to compare (similarities and differences) perceptions of Generation Z Muslims in Indonesia and Malaysia in paying Zakat, Infaq, and Sadaqah (ZIS). This study uses a qualitative approach with phenomenological methods through focus group discussions. This method was chosen because it allows substantial interaction between participants to compare objects more boldly. Initially, there were 43 Generation Z students from Indonesia and 25 Generation Z students from Malaysia. The total reduction of participants was carried out to find the most relevant and appropriate participants by determining the criteria for having paid ZIS using financial technology (Fintech) at least once. With 10 participants from each country from the final narrowing results, two stages of Focus Group Discussion were carried out. The findings show the similarity of perceptions of awareness of use, including the need and importance of usage benefits. The similarity of perceptions regarding reputation was also found in professionalism and reliability. In contrast, similar perceptions of satisfaction occurred in aspects of multifunction and usability. In addition, differences were found in the perception of data security. There are still suspicions about data security among Indonesian participants. No studies directly compare Generation Z Muslims in the two countries that pay ZIS through Fintech. This study confirms that it is essential to increase the security of personal data when using fintech. Then there is a feeling of security and comfort for Generation Z who donated ZIS.
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JEL Classification (Paper profile tab)D64, O33, O57
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References58
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Tables6
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Figures0
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- Table 1. Data of Indonesian participants
- Table 2. Data of Malaysian participants
- Table 3. Awareness of using Fintech
- Table 4. The importance of Fintech reputation
- Table 5. Satisfaction of Fintech users
- Table 6. Feeling the security of personal data
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Conceptualization
Azhar Alam
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Data curation
Azhar Alam, Chabibatul Mua’awanah
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Formal Analysis
Azhar Alam, Chabibatul Mua’awanah
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Investigation
Azhar Alam, Chabibatul Mua’awanah
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Methodology
Azhar Alam, Chabibatul Mua’awanah
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Resources
Azhar Alam, Ririn Tri Ratnasari, Chabibatul Mua’awanah, Raisa Aribatul Hamidah
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Supervision
Azhar Alam, Ririn Tri Ratnasari, Raisa Aribatul Hamidah
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Writing – original draft
Azhar Alam, Ririn Tri Ratnasari, Chabibatul Mua’awanah
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Writing – review & editing
Azhar Alam, Ririn Tri Ratnasari, Chabibatul Mua’awanah
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Software
Chabibatul Mua’awanah, Raisa Aribatul Hamidah
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Validation
Raisa Aribatul Hamidah
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Visualization
Raisa Aribatul Hamidah
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Conceptualization
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Human resource management in promoting innovation and organizational performance
I Gede Riana , Gede Suparna , I Gusti Made Suwandana , Sebastian Kot , Ismi Rajiani doi: http://dx.doi.org/10.21511/ppm.18(1).2020.10Problems and Perspectives in Management Volume 18, 2020 Issue #1 pp. 107-118 Views: 3445 Downloads: 811 TO CITE АНОТАЦІЯHuman resource management (HRM) is one of the elements enabling an organization to remain competitive in turbulence conditions. The effective practice of HRM makes competent and innovative employees contributing to the achievement of organizational objectives. This study aims to analyze HRM practices in creating innovation and organizational performance. The questionnaire was used to measure the respondents’ perceptions of variables used by a Likert scale. A survey of 126 manager samples and middle managers at export-oriented short and medium enterprises (SMEs) in Bali, Indonesia, was conducted to test the model. The analysis has shown that the proposed model was proven to be compliant with the research hypotheses. HRM significantly affects organizational performance and innovation, and it was found out that innovation can improve organizational performance. However, in the process of simultaneous testing, it was found out that innovation cannot improve organizational performance. The lack of attention to investments in human resources became one of the barriers to SMEs in creating innovation.
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Positive contribution of the good corporate governance rating to stability and performance: evidence from Indonesia
Problems and Perspectives in Management Volume 16, 2018 Issue #2 pp. 1-11 Views: 3142 Downloads: 303 TO CITE АНОТАЦІЯThis paper aims to examine the impact of Good Corporate Governance (GCG) practice on bank stability and performance. Governance is measured using the GCG rating that covers eleven aspects. The authors apply instrumental regression to link governance to performance and stability. The study covers a sample of 150 banks. The result shows that bank stability can mediate bank governance and bank performance. On the determinant of bank performance, it can be concluded that the GCG rating is positive and directly influences bank performance. Bank stability is also positive for bank performance indicating the indirect contribution of the GCG rating to bank performance. NPL, LDR, CAR and bank’s size (LASSET) are all negative and significant. The aim of this paper is to provide strong empirical evidence on the importance of governance and stability for performance. The limitations of this paper are the size of the sample and that it only covers public banks which are theoretically required to apply better governance in all aspects of their business by the Capital Market Authority.