SAUJANA : Jurnal Perbankan Syariah dan Ekonomi Syariah
Vol 8 No 3 (2026): SAUJANA : Jurnal Perbankan Syariah dan Ekonomi Syariah

Islamic Financial Regulations, Islamic Financial Literacy and Financial Inclusion: Insights from ASEAN

La Himmah il Princess Choris (Universitas Airlangga)
Arva Athallah Susanto (Universitas Airlangga)
Sulistya Rusgianto (Universitas Airlangga)
Tika Widiastuti (Universitas Airlangga)



Article Info

Publish Date
31 Jul 2026

Abstract

This research aims to explore the relationship between Islamic financial regulation, Islamic financial literacy, and financial inclusion in the ASEAN region. Utilizing articles from three ASEAN countries—Indonesia, Malaysia, and Brunei Darussalam—this study employs a Systematic Literature Review methodology. With the growing interest in Islamic finance in ASEAN, a deeper understanding of these three components has become crucial. The research collects and analyzes relevant articles, journals, and reports from 2016 to 2024, employing strict inclusion and exclusion criteria. The review results indicate that effective Islamic financial regulation contributes to an increase in Islamic financial literacy, which in turn positively impacts the level of financial inclusion in ASEAN countries. Additionally, the study identifies the challenges faced in the implementation of regulations and strategies to enhance financial literacy among the population. These findings provide valuable insights for policymakers and financial practitioners to formulate policies that support the growth of sharia-compliant inclusive finance in ASEAN. The research emphasizes the need for collaboration among stakeholders to maximize the potential of Islamic finance in enhancing the economic welfare of the community.

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