Risk Management Analysis Using the Enterprise Risk Management Method with Fintech as the Risk Controller

(Study at Yayasan Rabbunalloh Surabaya)

  • Novie Andriani Zakariya UIN Sunan Ampel Surabaya
  • Ahmad Khairul Hakim Sunan Ampel State Islamic University, Indonesia
  • Airlangga Bramayudha Sunan Ampel State Islamic University, Indonesia
  • Moh. Ilham Sunan Ampel State Islamic University, Indonesia
Keywords: Risk Management, Fintech, Enterprise Risk Management

Abstract

This study aims to determine the risks that occur in the Rabbunalloh foundation, analyze the risk management of the Rabbunalloh foundation and find out risk control through the use of fintech as a solution to the Rabbunalloh foundation. This research uses qualitative research methods. The type of primary data in the form of interview results is carried out through structured interviews. The informants in this study are several administrators, including the chairman of the foundation, persons in charge, and volunteers who participate in the foundation's risk management. The data analysis was carried out through a phenomenological approach using the Enterprise Risk Management (ERM) COSO framework. The results of this study found that (1) there are 15 risks in the Rabbunalloh foundation, namely 2 risks in collecting donations, 7 risks in digital technology, 3 risks in the management of the foundation, and 3 risks in reporting donations, (2) risk management at the Rabbunalloh foundation needs to be done properly based on the ERM Framework, (3) risk control in the Rabbunalloh foundation with the highest category, which can be done through the use of fintech with creating an IT-based reporting system on the website so that donors can directly report proof of donation transfer so that donation reports can be directly reported to the center.

Downloads

Download data is not yet available.

References

Abdullah, Muh Ruslan. "ENTERPRISE RISK MANAGEMENT (ERM) AS A PROCESS AND SYSTEM IN RISK MANAGEMENT," no. 1 (2014): 12.
Haptari, VD, and I Aribowo. "Analysis of TaxAtion Aspects in Fintech, Especially Peer To Peer (P2P) Lending to Compile Tax Rules." Journal of State Taxes And Finance... , query date no:2022-09-18 16:07:36 (2019). https://jurnal.pknstan.ac.id/index.php/pkn/article/view/597.
Hermansyah, RF, A Krisnawati, and ... "Analysis of Fintech And Digital Marketplace Models in Supporting the Agricultural Industry in Margamekar Village, Pangalengan District." ... Management, Query date no:2022-09-18 16:07:36 (2020). https://openlibrarypublications.telkomuniversity.ac.id/index.php/management/article/view/13725.
JABODETABEK, PDIW. "Analysis of the Effect of Promotional Attractiveness, Perception of Ease, Perception of Benefits, Perception of Security on The Interest in Using E-Wallets." Economy & Business, Query date no:2022-09-18 16:07:36 (2019). http://sisdam.univpancasila.ac.id/uploads/berkas/penelitian/Jurnal_Nasional_08112021181426.pdf#page=47.
Johari, MNSB, and AS Yusoff. "Fintech: Towards the Effectiveness of Quotes And Agihan Zakat In Malaysia." Website journal: journal ... , query date no:2022-09-18 16:07:36 (2019). http://journal.zakatkedah.com.my/wp-content/uploads/2019/10/Vol1_6_9_19.pdf.
Kuncorowati, Desy Ery, Noer Azzam Achsani, and Didin Hafidhuddin. "Waqf Risk Management in Dompet Dhuafa." Journal of Business and Management Applications (September 25, 2018). Accessed October 13, 2022. http://journal.ipb.ac.id/index.php/jabm/article/view/23033.
Kusumawardhani, I, and G Gunadi. "Analysis of Income Tax Administration on Cashback in the Electronic Wallet Financial Technology Industry in Indonesia." Syntax Literate; Journal... , query date no:2022-09-18 16:07:36 (2021). http://www.jurnal.syntaxliterate.co.id/index.php/syntax-literate/article/view/2246.
Lole, KML, and E Maria. "Risk Management Analysis on Pegadaian Digital Service Application Gold Savings Menu Using ISO 31000: 2018." Journal of Computer Systems and ... , query date no:2022-09-18 16:07:36 (2022). https://www.ejurnal.stmik-budidarma.ac.id/index.php/JSON/article/view/3891.
Lovis, KZ. "Public Relations Activities in Managing Imagery in the Financial Technology Industry." Ultimacomm: Journal of Communication Sciences, query date no: 2022-09-18 16:07:36 (2020). https://ejournals.umn.ac.id/index.php/FIKOM/article/view/1639.
Manurung, R. "ANALYSIS OF 'FINANCIAL TECHNOLOGY (FINTECH)' ON THE CAPITALIZATION OF MICRO, SMALL AND MEDIUM ENTERPRISES (MSMES) WITH A PEER-TO-PEER (P2P) MODEL...." Journal of Finance and Business, Query date no:2022-09-18 16:07:36 (2019). https://journal.ukmc.ac.id/index.php/jkb/article/view/33.
Mustofa, Achmad Ali. "Risk Management in Risk Efforts muzakki and Mustahiq at MPZ Citra Anak Sholeh institution." Scientific Journal of Islamic Economics 8, no. 1 (March 9, 2022): 715.
Nasution, LZ. "Analysis of Sharia Microfinance Risk Management Based on Community Characteristics (Study on Manindo Partner Cooperative, Mandailing Natal Regency...." Islamic Circle, query date no: 2022-09-18 16:07:36 (2020). https://jurnal.stain-madina.ac.id/index.php/islamiccircle/article/view/97.
Nurul, M, and RG Ningrat. "THE ADOPTION OF MUSLIM TECHNOLOGY, ATTITUDES, AND INTENTIONS FOR PURCHASING ISLAMIC INVESTMENT PRODUCTS USING FINANCIAL TECHNOLOGY." Journal of Economics and ... , query date no:2022-09-18 16:07:36 (2018). https://academicjournal.yarsi.ac.id/index.php/jeba/article/view/958.
Palinggi, S, and LR Allolinggi. "Descriptive Analysis of the Fintech Industry in Indonesia: Regulation and Network Security In The Perspective Of Digital Technology." Upnvj Economics And Business, Query date no:2022-09-18 16:07:36 (2019). https://pdfs.semanticscholar.org/a1a3/c361fed29176bf1ca0c5b8b19e70505bbc8b.pdf.
Qatrunnada, N, and I Marzuki. "Analysis of Murabahah And Wakalah Bil Ujrah Agreements on Information Technology (Fintech)-Based Financing." Al-Mizan: Journal of Law And Economics ... , query date no:2022-09-18 16:07:36 (2019). https://ejurnal.iiq.ac.id/index.php/almizan/article/view/102.
Ruslina, A, B Nainggolan, and ... "Analysis of the Legal Aspects of MSMEs and SMEs in Indonesia in Relation to Economic Development." Journal Syntax... , query date no:2022-09-18 16:07:36 (2021). https://jurnalsyntaxadmiration.com/index.php/jurnal/article/view/336.
Sarasi, Vita, Joval Ifghaniyafi Farras, and Jasmine Hanjani Putri. "Risk Management Analysis of Waqf of Money By Erm Coso Method" (n.d.): 16.
Sholehah, Nisrinah Arofahtus, and Noven Suprayogi. "LEMBAGA AMIL ZAKAT NASIONAL (LAZNAS) YAYASAN NURUL HAYAT IN CARRYING OUT REPUTATIONAL RISK MANAGEMENT." Journal of Islamic Economics Theory and Applied 6, no. 2 (January 22, 2020): 198.
Susanto, WH, and AF Chawa. "Default On Fintech Companies." JSSH (Journal of Social Sciences and ... , query date no:2022-09-18 16:07:36 (2021). http://jurnalnasional.ump.ac.id/index.php/JSSH/article/view/9305.
Syafitri, S. "... , SERVICE FEATURES AGAINST THE INTEREST IN USING FINANCIAL TECHNOLOGY (FINTECH) ON THE OVO APPLICATION (Case Study On FEB UPGRIS Students ...." ... Scientific Students of Unissula (KIMU) Economic Cluster, no. Query date: 2022-09-18 16:07:36 (2020). http://jurnal.unissula.ac.id/index.php/kimue/article/view/13097.
Taufik, Taufik, and Ahmad Fauzan. "Integration of Frame Work Risk and Insurance Management Society (RIMS) in Maturity Analysis of Risk Management Implementation (Case Study: Plta Maninjau)." Journal of Industrial Systems Optimization 12, no. 2 (April 25, 2016): 411.
Triyani, Nina, Irfan Syauqi Beik, and Lukman M Baga. "Risk Management at the National Amil Zakat Agency (BAZNAS)." Al-Muzara'ah 5, no. 2 (April 20, 2018): 107–124.
Widyastuti, A, and MW Affan. "Implementation of Fintech Use in Risk Management: A Study on Baitul Maal Hidayatullah." Teak: Journal of Applied Accounting Indonesia, Query date no: 2022-09-18 16:07:36 (2022). https://journal.umy.ac.id/index.php/jati/article/view/13326.
Zahroh, F. Efficiency Analysis on Fintech Implementation in E-Zakat as a Strategy for Collecting Zakat Funds by Lazizmu and Nurul Hayat. Query date: 2022-09-18 16:07:36. digilib.uinsby.ac.id, 2019. http://digilib.uinsby.ac.id/id/eprint/34818.
"13326-53198-1-PB.Pdf," n.d.
Published
2022-12-31
How to Cite
ZakariyaNovie Andriani, HakimAhmad Khairul, Airlangga Bramayudha, and IlhamMoh. “Risk Management Analysis Using the Enterprise Risk Management Method With Fintech As the Risk Controller: (Study at Yayasan Rabbunalloh Surabaya)”. Proceedings of International Conference on Da’wa and Communication 4, no. 1 (December 31, 2022): 59-73. Accessed March 29, 2024. https://proceedings.uinsby.ac.id/index.php/ICONDAC/article/view/982.