ANALYSIS OF CONTRACTS AND TRANSPARENCY OF DIGITAL ZAKAT PAYMENTS VIA BYOND BY BSI FROM THE PERSPECTIVE OF MAQASHID SYARIAH

Abstract

The importance of this study stems from the need to ensure the validity of contracts and the transparency of digital zakat management. The absence of these aspects may result in the misuse of funds and the erosion of public trust, thereby threatening the realization of zakat’s objectives in promoting social justice and economic development. This research aims to analyze contracts and transparency in digital zakat payments through the BYOND by BSI application, using the Maqasid al-Shariah framework. Zakat is a fundamental pillar of Islam that plays a crucial role in achieving social justice and supporting the economy. Digitalization has transformed zakat management from traditional practices into faster and more secure electronic payment systems. This study employs a library research method by reviewing literature, analyzing documents, and conducting an academic assessment of the contract used. The findings reveal that the wakalah contract applied in the BYOND by BSI application complies with Sharia principles and its objectives. Moreover, the application provides secure and transparent zakat payment services while ensuring that the distribution of zakat funds adheres to Islamic law. In this regard, the application fulfills the objectives of Sharia, particularly the preservation of wealth (hifz al-mal) and the preservation of religion (hifz al-din), while enhancing public trust in digital zakat payment systems. This study therefore contributes to the development of digital zakat management that aligns with technological innovation while remaining consistent with Sharia principles.