MOSQUE FUND MANAGEMENT
ITS IMPACT ON GEN-Z ENTREPRENEURS
Keywords:
Mosque, Entrepreneurs, Unemployment, Fund Management, Gen-ZAbstract
This study explores the impact of mosque fund management on empowering Generation Z (Gen-Z) entrepreneurs, focusing on its potential to reduce unemployment and foster entrepreneurial development. Utilizing a qualitative methodology, this research employs content analysis and data derived from Focus Group Discussions (FGD) between and to investigate the effective management and utilization of mosque funds. Data collection was undertaken through interviews and reviews of relevant documents that generated 737 mosques in Indonesia and thematic analysis is carried out facilitated by NVivo 20 software. Entrepreneurs, fund management, social activities, training, education, digital communications, utilizing technology, effective fundraising were the top of the interviewed-on mosque administration, Gen Z and Islamic Finance expects or Indonesian Mosque Council. The findings reveal that from the sample selection around 30% of mosques in Indonesia have well managed mosque funds that significantly contribute to the entrepreneurial growth and employment opportunities for Gen-Z, highlighting the critical role of accountability in fund administration. Specifically, the study demonstrates mosques that transparent and strategic allocation of these funds can create a supportive environment for young entrepreneurs, providing them with necessary resources, mentorship, and networking opportunities. The research underscores the importance of collaboration between mosque authorities and local communities to maximize the impact of these initiatives. Ultimately, this research positions mosque fund management as a powerful tool for socio-economic development, particularly in nurturing the entrepreneurial spirit and reducing unemployment among the younger generation. The results may be used as a potential reference for mosques globally, especially in Arab countries, and have some implications for the improvement of financial management practices as well as how to manage mosques for sustainability. This is the first that identifies and comprehensive study on mosques fund management its impact to gen z generation on entrepreneur and uses 737 mosques around 4.30% (220) from 307,698 of the mosques in Indonesia.
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