Proceedings of the Conference on SDGs Transformation through the Creative Economy: Encouraging Innovation and Sustainability (TCEEIS 2023)

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Unveiling the Bright Prospects for Forecasting the Financial Strength of the National Board of Zakat (BAZNAS) in Indonesia

Authors
Syamsuri1, *, Yaumi Sa’adah1, Fuadah Johari2, Nadhilah1
1Universitas Darussalam Gontor, Ponorogo, Indonesia
2Islamic Science and Wealth Management Institute, Faculty of Economics and Muamalat, Universiti Sains Islam Malaysia, Nilai, Negeri Sembilan, Malaysia
*Corresponding author. Email: syamsuri@unida.gontor.ac.id
Corresponding Author
Syamsuri
Available Online 11 January 2024.
DOI
10.2991/978-94-6463-346-7_16How to use a DOI?
Keywords
Forecasting; Financial Soundness; BAZNAS; Multiple Linear Regression; Artificial Neural Network
Abstract

This study aims to forecast the financial soundness of the National Board of Zakat (BAZNAS) in Indonesia. The data is taken from the financial reports of six BAZNAS from 2017 – 2021. The data from 30 Observations are divided into training and test data sets by using an 80:20 ratio. Based on the result of the study, it can be seen that there is a tendency to decrease the level of BAZNAS’s financial soundness using the current ratio of about 13,57% and 3,40% in 2023 and 2024 and a tendency to increase continuously about 3% from 2025 to 2030. In quick ratio, a tendency to decrease about 1–4% in 2023–2025 and a stagnancy during the period 2024–2025. Thus, a tendency to increase continuously by about 3% in 2026–2030. Meanwhile, the Cash Ratio there is a tendency to decrease by about 5,77% and 14,27% in 2023 and 2024. But there is a big tendency to increase during 2025 by about 14,22% and 33,99% in 2026 andthere is a tendency to increase by about 1% continuously from 2027 until 2030.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the Conference on SDGs Transformation through the Creative Economy: Encouraging Innovation and Sustainability (TCEEIS 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
11 January 2024
ISBN
978-94-6463-346-7
ISSN
2352-5428
DOI
10.2991/978-94-6463-346-7_16How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Syamsuri
AU  - Yaumi Sa’adah
AU  - Fuadah Johari
AU  - Nadhilah
PY  - 2024
DA  - 2024/01/11
TI  - Unveiling the Bright Prospects for Forecasting the Financial Strength of the National Board of Zakat (BAZNAS) in Indonesia
BT  - Proceedings of the Conference on SDGs Transformation through the Creative Economy: Encouraging Innovation and Sustainability (TCEEIS 2023)
PB  - Atlantis Press
SP  - 80
EP  - 84
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-346-7_16
DO  - 10.2991/978-94-6463-346-7_16
ID  - 2024
ER  -