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Article
Publication date: 4 April 2024

Novi Puspitasari, Ana Mufidah, Dewi Prihatini, Abdul Muhsyi and Imam Suroso

The purpose of this study include analyzing the conformity between the General Guidelines for the Governance of the Indonesian Sharia Entities (GGG-ISE) and the implementation in…

Abstract

Purpose

The purpose of this study include analyzing the conformity between the General Guidelines for the Governance of the Indonesian Sharia Entities (GGG-ISE) and the implementation in the field and proposing a model of corporate governance for Islamic property developers.

Design/methodology/approach

This research uses a qualitative method with a case study approach. The researcher used a structured interview method and chose a purposive technique to determine the interviewees. This study has seven interviewees representing three Islamic property developer companies in Jember Regency, East Java, Indonesia. Data collection was conducted from June to July 2023, with a duration of about 60 min for each interviewee. The interviews were conducted face-to-face in each interviewee’s residential office.

Findings

The results showed that the companies had implemented several principles of GGG-ISE, namely, ethical and responsible actors, risk management, internal control, compliance, disclosure and transparency by making financial reports, shareholder rights and stakeholder rights, both internal and external stakeholders. Furthermore, this study found that GGG-ISE does not comply with the components of the organizing organ group. This study also found that governance reports have not been implemented in GGG-ISE components. In addition, this study identified a new component that must be present and not found in GGG-ISE, namely, a statement of the use of contracts for mudharib owners and between mudharib owners and stakeholders. Based on these findings, this study proposes a governance model for Islamic property developer companies called the GGG-IPDE.

Originality/value

This research is a pioneer in proposing a corporate governance model for Islamic property developers.

Details

International Journal of Housing Markets and Analysis, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1753-8270

Keywords

Article
Publication date: 15 February 2019

S. Sunarti, Joesron Alie Syahbana and Asnawi Manaf

Within low-income communities in urban slums, access to housing is limited because individuals in these communities cannot afford to purchase homes. One area of Indonesia with…

Abstract

Purpose

Within low-income communities in urban slums, access to housing is limited because individuals in these communities cannot afford to purchase homes. One area of Indonesia with these conditions is Kampung Kajen, Danukusuman, Surakarta, where, oftentimes, a single house is inhabited by several families and is passed down from generation to generation. This causes a change in space, a narrowing of that which is inhabited by the next generation. This paper aims to examine the transformation of space within low-income homes in Kampong Kajen.

Design/methodology/approach

The research method was a qualitative case study approach, and data were collected through direct interviews and field observation. Informants in this study were classified into three groups: residents, non-residents and government agencies.

Findings

The space transformation that occurred in the studied samples was partial. The transformation continued to occur as the new families grew, and the area of space used by the new families experienced a narrowing for future generations.

Originality/value

The novelty of this research is in regard to the findings about the partial transformation of the house from generation to generation, which details changes in the layout and the extent of the house interior, the narrowing of the house, the change of owners and the changing behaviour of the house inhabitants. Partial transformation continues to occur in line with the addition of new families living in one house.

Details

International Journal of Housing Markets and Analysis, vol. 12 no. 2
Type: Research Article
ISSN: 1753-8270

Keywords

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