Penulis: Arfan Ikhsan
DOI: https://doi.org/10.5281/zenodo.21926447
Diterbitkan secara resmi di portal jurnal APASIFIC.
Abstrak / Konten:
ABSTRACT This study aims to analyze the implementation of the principles of Amanah (trustworthiness) and Siddiq (honesty) within internal control systems to prevent fraud in family-based MSMEs (Micro, Small, and Medium Enterprises) at Kampung Felda Hutan Percha, Melaka, Malaysia. Family MSMEs in Felda settlements possess unique characteristics, operating within a strong communal environment underpinned by Islamic values in daily life. A qualitative approach with a case study design was employed. Data were collected through in-depth interviews, direct observation, and documentation involving ten family MSME operators in the area. The findings reveal that: (1) the Amanah principle is implemented through family-trust-based segregation of duties, transparent financial reporting among family members, and moral accountability to Allah SWT; (2) the Siddiq principle is manifested in honest transaction recording, accurate financial reporting, and open business communication; and (3) the integration of both principles proves effective in creating a robust control environment that minimizes fraud risks such as cash embezzlement, stock manipulation, and financial statement fraud. This study contributes to the development of an Islamic-values-based internal control model applicable to family MSMEs in Felda settlements and broader Muslim communities.
