Strategies For Improving The Sharia Financial Literacy Index In The Millenial Generation In Indonesia

This study aims to analyze the Islamic financial literacy index and strategies to increase the Islamic financial literacy index in the millennial generation because based on data released by the OJK through the 2019 National Financial Literacy and Inclusion Survey that the le...

Full description

Bibliographic Details
Main Authors: Abdul Rachman, Nathan Putra Kartaatmadja, Zulfa Ananta Rasya, Siti Husniyyah
Format: Article
Language:English
Published: Fakultas Ekonomi dan Bisnis Islam 2022-12-01
Series:I-Finance
Subjects:
Online Access:http://jurnal.radenfatah.ac.id/index.php/I-Finance/article/view/14249/5421
_version_ 1797348583520862208
author Abdul Rachman
Nathan Putra Kartaatmadja
Zulfa Ananta Rasya
Siti Husniyyah
author_facet Abdul Rachman
Nathan Putra Kartaatmadja
Zulfa Ananta Rasya
Siti Husniyyah
author_sort Abdul Rachman
collection DOAJ
description This study aims to analyze the Islamic financial literacy index and strategies to increase the Islamic financial literacy index in the millennial generation because based on data released by the OJK through the 2019 National Financial Literacy and Inclusion Survey that the level of Islamic financial literacy is relatively low at 8.39%. The methodology in this study is to use qualitative research with a library approach by analyzing the results of a survey conducted by OJK relating to Islamic financial literacy. The results of this study explain that the Islamic financial literacy index for the millennial generation is low so several strategies are needed to increase the Islamic financial literacy index,namely strategies to educate and socialize the importance of Islamic finance in financial management for millennials through social media, strategies for government participation in increasing Islamic financial literacy, strategies for collaboration between the government and educational institutions in providing easy access to Islamic finance with programs for the millennial generation, strategies for utilizing influencer marketing in marketing Islamic banking products and services, and strategies for increasing the Islamic financial literacy index through the participation of Islamic financial institutions by providing rewards for the millennial generation who have utilized sharia financial products and services
first_indexed 2024-03-08T12:08:07Z
format Article
id doaj.art-d70ad9953820499bb81b3e05dfeef163
institution Directory Open Access Journal
issn 2476-8871
2615-1081
language English
last_indexed 2024-03-08T12:08:07Z
publishDate 2022-12-01
publisher Fakultas Ekonomi dan Bisnis Islam
record_format Article
series I-Finance
spelling doaj.art-d70ad9953820499bb81b3e05dfeef1632024-01-23T04:32:27ZengFakultas Ekonomi dan Bisnis IslamI-Finance2476-88712615-10812022-12-018215216910.19109/ifinance.v8i2.14249Strategies For Improving The Sharia Financial Literacy Index In The Millenial Generation In IndonesiaAbdul Rachman0Nathan Putra Kartaatmadja1Zulfa Ananta Rasya2Siti Husniyyah3Department of Islamic Banking, Cendekia Abditama UniversityDepartment of Islamic Banking, Cendekia Abditama UniversityDepartment of Islamic Banking, Cendekia Abditama UniversityDepartment of Islamic Banking, Cendekia Abditama UniversityThis study aims to analyze the Islamic financial literacy index and strategies to increase the Islamic financial literacy index in the millennial generation because based on data released by the OJK through the 2019 National Financial Literacy and Inclusion Survey that the level of Islamic financial literacy is relatively low at 8.39%. The methodology in this study is to use qualitative research with a library approach by analyzing the results of a survey conducted by OJK relating to Islamic financial literacy. The results of this study explain that the Islamic financial literacy index for the millennial generation is low so several strategies are needed to increase the Islamic financial literacy index,namely strategies to educate and socialize the importance of Islamic finance in financial management for millennials through social media, strategies for government participation in increasing Islamic financial literacy, strategies for collaboration between the government and educational institutions in providing easy access to Islamic finance with programs for the millennial generation, strategies for utilizing influencer marketing in marketing Islamic banking products and services, and strategies for increasing the Islamic financial literacy index through the participation of Islamic financial institutions by providing rewards for the millennial generation who have utilized sharia financial products and serviceshttp://jurnal.radenfatah.ac.id/index.php/I-Finance/article/view/14249/5421iteracyfinanceshariagenerationmillennial
spellingShingle Abdul Rachman
Nathan Putra Kartaatmadja
Zulfa Ananta Rasya
Siti Husniyyah
Strategies For Improving The Sharia Financial Literacy Index In The Millenial Generation In Indonesia
I-Finance
iteracy
finance
sharia
generation
millennial
title Strategies For Improving The Sharia Financial Literacy Index In The Millenial Generation In Indonesia
title_full Strategies For Improving The Sharia Financial Literacy Index In The Millenial Generation In Indonesia
title_fullStr Strategies For Improving The Sharia Financial Literacy Index In The Millenial Generation In Indonesia
title_full_unstemmed Strategies For Improving The Sharia Financial Literacy Index In The Millenial Generation In Indonesia
title_short Strategies For Improving The Sharia Financial Literacy Index In The Millenial Generation In Indonesia
title_sort strategies for improving the sharia financial literacy index in the millenial generation in indonesia
topic iteracy
finance
sharia
generation
millennial
url http://jurnal.radenfatah.ac.id/index.php/I-Finance/article/view/14249/5421
work_keys_str_mv AT abdulrachman strategiesforimprovingtheshariafinancialliteracyindexinthemillenialgenerationinindonesia
AT nathanputrakartaatmadja strategiesforimprovingtheshariafinancialliteracyindexinthemillenialgenerationinindonesia
AT zulfaanantarasya strategiesforimprovingtheshariafinancialliteracyindexinthemillenialgenerationinindonesia
AT sitihusniyyah strategiesforimprovingtheshariafinancialliteracyindexinthemillenialgenerationinindonesia