The Economy of Zakat, Infaq, Alms, and Waqf Course unit titles The Economy of Zakat, Infaq, Alms, and Waqf Course unit code EKS610 Type of course unit (compulsory, optional) Optional Level of course units (according to EQF: first cycle Bachelor, second cycle Master) Master Program of Islamic Economics Year of study when the course unit is delivered (if applicable) Second year Semester/trimester when the course unit is delivered 3rd semester Number of ECTS credits allocated 3 credits (4.8 ECTS) Name of lecturer(s) Dr. Tika Widiastuti, SE., MSi (PJMK) Prof. Dr. Raditya Sukmana, SE., MA Dr. Sri Herianingrum, SE., MSi Learning outcomes of the course unit Students are able to understand the economic and management concepts of ZISWAQ, describe the basic concepts and philosophy of ZISWAQ's position, understand the concept of Zakat in Microeconomics, understand the concept of Zakat in Macroeconomics, understand the functions and management of zakat institutions: Collection and distribution, understand the functions and management of zakat institutions : Utilization of Zakat and Productive Zakat, understanding the best practice of zakat management in various countries and Zakat Management Standards, understanding the legal basis and history of waqf, understanding the role of waqf management institutions, understanding the concept of Productive Waqf, understanding various Waqf innovations, understanding best practices in waqf management in various state and Waqf Management Standards, understand the concept of istibdal Waqf, understand contemporary issues in the management of waqf assets. Mode of delivery (face-to-face, distance learning) face-to-face, distance learning Prerequisites and co-requisites (if applicable) Introduction to Islamic Economics Islamic Microeconomics Islamic Macroeconomics Course content This course equips students to study the economics and management of Zakat, Infaq, Alms and Waqf (ZISWAF) in the context of macro, micro, and development economics. The topics taught in this course include ZISWAF in macro, micro, economic development, its position in Islamic financial institutions, and regulation and institutional management of ZISWAF. Recommended or required reading and other learning resources/tools Main References: 1. Pengelolaan Zakat Yang Efektif : Konsep Dan Praktik Di Beberapa Negara, 2016, Bank Indonesia 2. Wakaf dan Pengaturan Wakaf yang Efektif, 2016, Bank Indonesia 3. Adiwarman Karim, 2007, Ekonomi Mikro Islami, Penerbit PT Raja. Grafindo Persada 4. Gazi Inayah, 2003, Teori Komprehensip tentang Zakat dan Pajak, Tiara Wacana Publishing 5. Muhamad Abduh, 2009, Zakat Tinjauan Fikih dan Ekonomi Makro Modern, Fath Publishing 6. Tika Widiastuti, dkk, 2017, Zakat dan Pemberdayaan, Airlangga University Press 7. Dr. Yusuf Qardhawi. 1999. Hukum Zakat. Mizan Publishing 8. Dr. Wahbah Al-Zuhaili. 2008. Zakat Kajian Berbagai Mazhab.Bandung: PT. Remaja Rosda Karya. Regulations: 1. Undang-Undang Zakat and its derivatives 2. Undang-Undang wakaf and its derivatives 3. Zakat Core Principles 4. Wakaf Core Principles 5. Good Corporate Governance Reports: 1. Zakat Outlook, BAZNAS Supported Journals: 1. Tika Widiastuti, Ilmiawan Auwalin, Lina Nugraha Rani & Muhammad Ubaidillah Al Mustofa | (2021) A mediating effect of business growth on zakat empowerment program and mustahiq’s welfare, Cogent Business & Management, 8:1, 1882039, DOI: 10.1080/23311975.2021.1882039 2. Widiastuti, T., Cahyono, E.F., Zulaikha, S., Mawardi, I. and Al Mustofa, M.U. (2021), "Optimizing zakat governance in East Java using analytical network process (ANP): the role of zakat technology (ZakaTech)", Journal of Islamic Accounting and Business Research, Vol. ahead-of-print No. ahead-of-print. https://doi.org/10.1108/JIABR-09-2020-0307 Planned learning activities and teaching methods Classical Lectures and Discussion Language of instructions Bahasa, English Assessment methods and criteria Portfolio and Showcase