The Effect of the Profitability, the Company and the Board of Commissioners Size on the Zakat Expenditure(The Empirical Study on the Sharia Banking in Indonesia from 2010 to 2018
(a) Muhammad Arifiyanto., S.E., M.M (b) Nur Kholidah., SE.Sy., ME* (c) Miftahur Rohman Hakim, SEI., ME
(a) Economic Management (Faculty of Economic and Bussiness)
(b) Sharia of Economic (Faculty of Economic and Bussiness)
(c) Sharia of Economic (Faculty of Economic and Bussiness)
Pekajangan Pekalongan Muhammadiyah University
nur.kholidah92[at]gmail.com
Abstract
A Sharia Banking is as a financial institution engaged in the sharia financial services, should have been paying zakat in accordance with the Islamic rules and the regulation. It aims to achieve the benefit and blessings. However, the awareness of paying company-s zakat is still relatively low in Indonesia. Even though a zakat is one of the offering solution to alleviate the poverty. Therefore, this study aims to analyse the effect of the profitability, the Company and the Board of commissioners Size on the Zakat Expenditure in Indonesia from 2010 to 2018. The samples were five sharia banks and the sampling technique was a purposive one. Meanwhile, the researcher used a multiple linear regression analysis with the data analysis programme as an analysis technique. The result of the study showed all independent variables simultaneously had a significant effect on a zakat expenditure, with a significance value of 0.014. Otherwise, a partial test result showed the profitability and the board of commissioners had no effect on it. However, the company size had positively and significantly effect on it.
Keywords: Zakat; the Profitability; The company size; and the Board of commissioners Size
Topic: Economics