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August 25, 2025Journal of Economics Finance and Management Studies0 citationsOpen Access

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

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AAmirsyahJJunartiSASyed Musa Alhabshi

Key Points

  • Implementing technology can enhance efficiency in waqf management, leading to better governance.
  • Using SIMAM technology can improve transparency and accountability in managing waqf resources.
  • This qualitative research utilized SWOT analysis to identify strengths and weaknesses in waqf management.
  • Proposed strategies aim to bolster Muhammadiyah's role in effective, technology-based waqf management in Indonesia.

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

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Cite This Study

Amirsyah et al. (2025) studied this question.

synapsesocial.com/papers/68af5d63ad7bf08b1eae09e7https://doi.org/10.47191/jefms/v8-i8-48
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