Shahih : journal of islamicate multidisciplinary
Vol. 9 No. 1 (2024)

Solo Raya Young Muslims Generation Decision to Invest in Sharia Stocks and Green Investment

Nurohman, Yulfan Arif (Unknown)
Qurniawati, Rina Sari (Unknown)
Suparwi (Unknown)



Article Info

Publish Date
09 Sep 2024

Abstract

The younger generation, particularly Muslims, faces concerns about an uncertain future, particularly regarding job opportunities. The unemployment rate in Indonesia has shown an increase, predominantly among the younger generation. This study aims to examine the impact of financial literacy, perceived risk, and high self-confidence on the decision to invest in stocks, particularly Islamic stocks. The research was conducted in the Solo Raya area with 125 Muslim youth investors as respondents, consisting of millennials and Generation Z. The analysis technique used was multiple regression, conducted using SPSS software version 24. The regression results, with a significance value below 0.05, indicate a significant influence of financial literacy, perceived risk, and high self-confidence on the investment decisions of young Muslim investors. Good financial knowledge encourages the younger generation to invest in stocks with confidence, anticipating substantial profits in the future. Perception of risk remains a consideration, leading young investors to delay investment decisions until they feel highly confident.

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Journal Info

Abbrev

shahih

Publisher

Subject

Religion Social Sciences

Description

The principle aim of SHAHIH: Journal of Islamicate Multidisciplinary is to publish original research and reviews relevant to fields of inquiry across the disciplines of religious and cultural studies. The journal has a particular focus upon Islam, local beliefs, spiritual concepts, religious ...