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Financial management is the business function concerned with profitability, expenses, cash and credit. These are often grouped together under the rubric of maximizing the value of the firm for stockholders.
The Ministry of Finance (Indonesian: Kementerian Keuangan) is an Indonesian government ministry responsible for the nation's finance and state assets. The finance minister is responsible to the President. The ministry's motto is Nagara Dana Rakça, which means "guardian of state finance".
At the end of the 1950s, Muslim community leaders in East Java proposed the idea of establishing an Islamic college through the Ministry of Religious Affairs.They held a meeting in Jombang in 1961, and during the meeting, Soenarjo, who later became the rector of Sunan Kalijaga State Islamic University, attended as a resource to convey the necessary issues for the foundation of the college.