Authors : Ali Amin, Ade Fatma Lubis, Ida Yustina and Muhammad Arfan
Abstract: The purpose of this study was to study the phenomenon of financial management of Baitul Mal (BMA) in Aceh Provincial Government (Pemda Aceh) and determine the financial management model of Aceh Provincial Government. This study was conducted in Aceh Provincial Government. The study was conducted by qualitative method by collecting data using Focus Group Discussion (FGD) of institution and informants. The study was analyzed using NVIVO Software Version 1. The study showed that to manage the finances of BMA, Aceh Provincial Government must immediately reform the legislations, organizational structure and administration to create good financial management to realize transparent and accountable financial management. There were three steps in reforming the financial management of BMA. First, there should be a legal compromise and comprehension as well as seriousness of central and local governments. Second, BMA should manage the finances by considering local wisdom as the only province based on Islamic Sharia. Third, BMA should be made into Regional Public Service Agency (BLUD) which is more flexible in financial management so that the operation of BMA doesn’t depend on budget and realization. If the model is realized, muslims will be victorious.
Ali Amin, Ade Fatma Lubis, Ida Yustina and Muhammad Arfan, 2016. Phenomenological Study of Financial Management of Baitul Mal in Aceh Provincial Government. International Business Management, 10: 5530-5542.