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PENINGKATAN LITERASI KEUANGAN SISWA MELALUI SIMULASI BUDGETING DAN PENGGUNAAN APLIKASI FINANCIAL TEKNOLOGI Arifin, Muhamad; Mastiah, Mastiah; Dewi, Ririn Sari; Silviana, Silviana; Lia, Rahma; Septiani, Venny Riska
Multidisiplin Pengabdian Kepada Masyarakat Vol. 4 No. 01 (2025): Multidisiplin Pengabdian Kepada Masyarakat, Maret-Juni 2025
Publisher : Sean Institute

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Abstract

Kegiatan Pengabdian kepada Masyarakat ini bertujuan untuk meningkatkan literasi keuangan siswa melalui pelatihan perencanaan keuangan pribadi berbasis teknologi. Kegiatan dilaksanakan pada 9 Mei 2025 di SMA Negeri 7 Kota Serang dan meliputi ceramah, praktik penggunaan aplikasi Money Lover, diskusi, serta evaluasi pre-test dan post-test. Hasil kegiatan menunjukkan peningkatan pemahaman siswa terhadap konsep budgeting, perencanaan keuangan, dan pengelolaan uang saku secara bijak. Setelah pelatihan, persentase siswa yang mampu menyusun anggaran dengan benar meningkat dari 32% menjadi 81%, dan pemahaman terhadap fitur aplikasi meningkat dari 25% menjadi 77%. Pelatihan ini juga mendorong perubahan pola pikir siswa tentang pentingnya mengatur keuangan secara mandiri dan bertanggung jawab. Respon positif dari pihak sekolah mendukung keberlanjutan program ini. Dengan pendekatan berbasis teknologi dan simulasi langsung, kegiatan ini efektif membentuk kebiasaan finansial yang sehat pada generasi muda sejak usia sekolah.
Market Reaction to Green Sukuk and Conventional Sukuk: An Event Study Approach Mastiah, Mastiah; Najla, Aura Nabilat En; Novriansyah, Wahyu; Lia, Rahma
RIGGS: Journal of Artificial Intelligence and Digital Business Vol. 5 No. 2 (2026): Mei-Juli
Publisher : Prodi Bisnis Digital Universitas Pahlawan Tuanku Tambusai

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31004/riggs.v5i2.7282

Abstract

Amid the growing emphasis on sustainable finance, green sukuk has emerged as an innovative financial instrument that integrates Islamic principles with environmental objectives. This study aims to examine the reaction of the Indonesian capital market to the Government of Indonesia’s announcements of green sukuk and conventional sukuk issuance. Using an event study approach, this research adopts a quantitative explanatory design to evaluate the informational content of these announcements and their impact on investor behavior. The Indonesia Composite Index (IHSG) is employed as a proxy for overall market performance. The observation period covers eleven trading days, consisting of five days before the announcement, the announcement day, and five days after. Expected returns are estimated using the mean-adjusted model, which are then used to calculate Abnormal Returns (AR) and Cumulative Abnormal Returns (CAR) to capture market reactions. Statistical tests, including the One-Sample t-test and Independent-Sample t-test, are conducted to assess the significance of market responses and to compare reactions between green and conventional sukuk. The findings indicate that sukuk issuance announcements do not generate statistically significant market reactions, as CAR values are not significantly different from zero. Furthermore, no significant difference is found between green sukuk and conventional sukuk, suggesting that investors have not yet fully incorporated sustainability considerations into their investment decisions. This study contributes to the literature on Islamic sustainable finance by providing empirical evidence from an emerging market context.