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Journal : Jurnal Reviu Akuntansi dan Keuangan

The Islamic Religiosity And Financial Well-Being: A Moderated Mediation Model Of Financial Behavior And Literacy Mulyadi Mulyadi; Amelia Oktrivina; Hendryadi Hendryadi; Tyahya Whisnu Hendratni
Jurnal Reviu Akuntansi dan Keuangan Vol. 13 No. 2 (2023): Jurnal Reviu Akuntansi dan Keuangan
Publisher : Universitas Muhammadiyah Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22219/jrak.v13i2.26790

Abstract

Purpose: By testing a moderated mediation model, this study aims to examine the mediating role of financial behavior in the relationship between Islamic religiosity, financial behavior, and financial well-being. The study also examines if financial literacy moderates this effect. Methodology/approach: The PROCESS macros version 4.0 was used to assess the hypothesized model based on data from 247 college students. Findings: The findings show that Islamic religiosity influences students' effective financial behavior and well-being. As expected, this study also confirms that financial behavior mediates the effect of Islamic religiosity on financial well-being, and financial literacy mediates this relationship. The role of Islamic religiosity in predicting financial well-being is getting stronger when students have high levels of financial literacy, which has important implications for universities to integrate Islamic values in financial management curricula and courses. Practical implications: The study's implications are directed at financial educators, not only providing financial knowledge to students but also integrating religious values so that they can form positive financial behavior to improve their quality of life in the future. Originality/value: The present study is initial empirical evidence that specifically explores the relationship between Islamic religiosity and financial behavior and its relationship with financial well-being.
Co-Authors Abdul Malik Abdul Razak Munir Adi Soeprapto Adrian Afitza Septia Wardani Andayani, Mury Andy Ismail Arif Ismunandar Ariyanti, Rini Astuti, Enny Diah Ateniyanti Ateniyanti Ati Hermawati Aulia Keiko Azizah, Widyaningsih Badriah, Badriah Chaerani Nisa, Chaerani Dadang Suhardi Derriawan Derriawan Dewi Trirahayu Dian Riskarini DW Soemarsono DW Soemarsono DW, Soemarsono Eka Sudarmaji Ermalina E Ermalina, Ermalina E Fatimah Azzahrah Fatimah Malini Lubis Flora Grace Putrianti Florida Aryani Florida Aryani Fujianti, Lailah Hana Salsabila Putri hana Haribowo, Rio Harsono, Hindradjid Hendratn Hendryadi Hendryadi Husaini Husaini Indriati, Trisnani Irawan, Indra Ade Jasella Handayani Jefri Putri Nugraha Julaeha LAILAH FUJIANTI Laili Savitri muhamad ibnu farizky Muhammad Ade Kurnia Harahap Muhammad Arsyad Muhammad Nuruddin Subhan Muhammad Zakaria Mulyadi Mulyadi Mulyadi Mustafa, Fahrina Nadi, Muhammad Abi Berkah Nadia Rizki Febriyanti Nawasiah, Nana Nelyumna Rizal Noor, Laili Savitri nurhamdina Oktrivina, Amelia Retnosari, Dewi Riesna Apramilda Riyanti, Apriani Santosa, Muhammad Hery Saputra, Naufal Hilmi Sekar Jati Ningrum Shabrina, Fildzah Shanti Lysandra Shinta Budi Astuti Shinta Budi Astuti Shinta Budi Astuti Sudarmin Parenrengi Supriadi Thalib Susatyo Adhi Pramono, Susatyo Adhi Suyatna, Andini Rahmawati Syafrullah, Haidir Thalib, Supriadi Tri Susilowati Trisnani Indriati Wahyoeni, Sri Irviati Wahyudi, Ade Wahyuningratna, Ratu Nadya Windreis, Christ Yohana Oentarjo Yudha Luthfie Ananta Yulyastanto, Arya Dwi Aptria