FINANCIAL PLANNING OF ZIS FUNDS BY MUSTAHIK OF BANJARMASIN SEJAHTERA PROGRAM FOR BUSINESS CAPITAL ASSISTANCE AT BAZNAS BANJARMASIN CITY

Abstract

This study aims to determine how the financial planning of ZIS funds is carried out by the mustahik recipients of the Banjarmasin Sejahtera Business Capital Assistance program at Baznas Banjarmasin City and to identify the obstacles faced in managing these funds. This study is motivated by the high poverty rate in South Kalimantan and the importance of utilizing zakat funds productively to improve community welfare.The research method used is field research with a qualitative approach. Data is obtained through interviews, observation, and documentation of mustahik recipients of business capital assistance. The research focuses on how mustahik manage the assistance funds, perform financial recording, prepare budgets, manage cash flow, and utilize business capital. Research results show that most mustahik have utilized business capital assistance funds to support productive businesses such as food businesses and small trade. However, the implementation of financial planning is still not optimal. Most mustahik have not kept regular financial records, have not separated personal and business finances, and do not have structured financial evaluations. The main obstacles faced are low financial literacy, limited income, and lack of understanding of business management.This study concludes that the business capital assistance program from Baznas Banjarmasin City has a positive impact on the development of mustahik businesses, but it needs to be supported with training and financial planning assistance so that the distributed funds can be used effectively, productively, and sustainably.