It has been 31 years since Dompet Dhuafa made its mark as an Islamic philanthropic organization in the country. As a zakat institution that serves humanitarian work, Dompet Dhuafa continues to maintain the trust of donors and the people of Indonesia. Openness in the management of zakat, infaq, sadaqah, and waqf (Ziswaf) funds is the key to Dompet Dhuafa’s existence to date. Hundreds of billions of the kindness of donors and the wider community are managed by Dompet Dhuafa through five main pillars, namely Education, Health, Economy, Social Disaster, and Da’wah and Culture.
Of course, it is not an easy job for Dompet Dhuafa to manage hundreds of billions of rupiah of Ziswaf funds collected from the kindness of donors. Given that public trust is born from the transparency of the management of funds raised, we intend to reveal the facts related to the flow of financial management in this Islamic philanthropic institution.
Here are eight facts about Dompet Dhuafa’s current financial management:
- Public trust is important for an institution. This is built one of them through transparency, in this case the most important thing is the financial statements.
- Dompet Dhuafa is very careful in carrying out financial management. This is because the money managed belongs to the people and will be accountable to the people.
- For this reason, in order to maintain the transparency of the Financial Statements, since its establishment in 1993 Dompet Dhuafa has been audited by the Public Accounting Firm (KAP) with an Unqualified Opinion (WTP).
- In terms of sharia, the use and management of funds at Dompet Dhuafa has followed sharia compliance and is under the supervision of the Sharia Council. Then, Dompet Dhuafa’s financial statements have also been sharia audited by the Ministry of Religion (Kemenag).
- Dompet Dhuafa has also become a PPATK partner from the non-profit organization group during a compliance review of the anti-money laundering and terrorism financing regime based on 40 FATF recommendations in 2018.
- The share of zakat for amil is 12.5 percent. Meanwhile, other operational needs outside the amil can be taken from the remaining 87.5 percent. But in internal policy, Dompet Dhuafa does not take the remaining part outside the 12.5 percent. Instead, we take it from part of the infaq, humanitarian, and other restricted fund balances.
- Included in the use of operational funds are ZIS socialization costs (fundraising), personnel costs (salaries, benefits, and amil capacity building), and office administration costs (building rent, vehicle/equipment depreciation, electricity, telephone, transportation, etc.). The recording policy refers to PSAK zakat 109.
- All financial management carried out by Dompet Dhuafa is in accordance with applicable regulations, including sharia rules. Dompet Dhuafa also opens the widest possible access to the public regarding program activities, if anyone wants to be directly involved.
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The above eight facts are the flow of Dompet Dhuafa’s financial management in maintaining the trust of the community. Every year, we also hold a Public Expose as a form of accountability to the public about the use of Ziswaf funds and other social funds raised through Dompet Dhuafa. Hopefully, Dompet Dhuafa’s endeavors with the support of the community will not stop. Because, poverty needs collaboration from many parties.