Perbanas Journal of Islamic Economics and Business
Vol 4 No 2 (2024): Perbanas Journal of Islamic Economics and Business

Enhancing Sharia Assets Among the Youth Through Financial Intelligence

Akbar, Andi Heriasdiva (Unknown)
Razak, Syaparuddin (Unknown)
Hasbi, Hartas (Unknown)



Article Info

Publish Date
31 Jul 2024

Abstract

This study aims to explore the significant role of Theory Planned Behavior and financial intelligenceamong the youth, especially the Millenial generationin shaping Sharia-compliant investment behavior. A quantitative descriptive research method was employed, collecting data through questionnaires from two hundredrandomly selected respondents between June and August 2023. The findings indicate that perceived behavioral control and financial intelligence significantly influence Sharia-compliant investment decisions. The research findings confirm that financial intelligence significantly influences Sharia-compliant investments in asset development. Additionally, perceived behavioral control significantly affects Sharia-compliant investments in asset development. Furthermore, the complex interaction between Sharia financial literacy, attitude, subjective norms, and perceived behavioral control significantly contributes to financial intelligence. This confirms that Sharia financial literacy significantly influences financial intelligence, attitude significantly influences financial intelligence, subjective norms significantly influence financial intelligence, and perceived behavioral control significantly influences financial intelligence. These findings emphasize the importance of Sharia financial literacy and understanding Sharia principles in effectively managing investments. Financial literacy, positive attitudes, and subjective norms play crucial roles in enhancing individuals' financial intelligence, supporting Sharia-compliant investment decisions. Millennials need to enhance their financial literacy and intelligence for effective Sharia-compliant investments.

Copyrights © 2024






Journal Info

Abbrev

Joieb

Publisher

Subject

Religion Economics, Econometrics & Finance

Description

Aims The objectives of this journal are as follows: To provide a bridge between theory and practice of Islamic Economics and Business To disseminate the results and findings of research and best practice To assist and inform those responsible for the management of Islamic Economics and Business To ...