ANALYSIS OF ISLAMIC FINANCIAL LITERACY OF THE MILLENIAL MUSLIM GENERATION REGARDING ISLAMIC FINTECH (CASE STUDIES IN SEVERAL COLLAGES IN BANJARMASIN CITY)

Authors

  • Lili Sonia Sefty Lau Antasari State Islamic University
  • Rohana Faridah Antasari State Islamic University

Keywords:

Islamic Financial Literacy, Millennial Muslim Generation, Islamic Fintech

Abstract

This research is motivated by the importance of literacy in financial management. Islamic financial literacy is an individual’s understanding or knowledge related to finance, such as understanding Islamic financial products, Islamic financial contracts, and managing funds based on sharia principles, including Islamic fintech or financial technology, Islamic fintech is a technology in the financial sector that provides services in financial service activities to costumers and the community through the internet. The purpose of this research is to identify and measure the level of financial literacy of the millennial muslim generation in Banjarmasin city regarding Islamic fintech. This research is field research using quantitative descriptive analysis techniques. The location of this research is in Banjarmasin city. The population in this research consist of students from several universities in Banjarmasin, with data collection methods using questionnaires and analyzed using descriptive statistical analysis techniques. The results of this research indicate that the millennial muslim generation in Banjarmasin city has a moderate level of literacy regarding Islamic fintech, which is 61% indicating that they have sufficient knowledge and understanding of Islamic fintech.

References

Abidin, M. Z., & Hafizah, Y. (2019). Conflict and Integration in The Salafi-Wahabi Purification Movement in South Kalimantan. Wawasan: Jurnal Ilmiah Agama Dan Sosial Budaya, 4(2), 191–201. https://doi.org/10.15575/jw.v4i2.6194

Abidin, M. Z., Sabirin, M., Hafizah, Y., & Yuseran, M. (2023). Policies and Strategies for Improving the Research and Scientific Publications Quality at State Islamic Religious Colleges in Kalimantan . Millah: Journal of Religious Studies, 22(1), 61–94. https://doi.org/10.20885/millah.vol22.iss1.art3

Ade Gunawan, S. E. (2022). Monograf Pengukuran Literasi Keuangan Syariah dan Literasi Keuangan. umsu press. https://books.google.com/books?hl=id&lr=&id=IXt8EAAAQBAJ&oi=fnd&pg=PT17&dq=pengukuran+literasi+keuangan+syariah+dan+literasi+keuangan+ade+gunawan&ots=l0pUYnMYZ5&sig=-Xdigk6PnMyHZn516kimNYXhZt0

Purnomo, Agus & Maulida, Atika Zahra. (2023). The Effect of Dividends and Capital Gains on Underlying Assets in Green Sukuk. JIEFeS: Journal of Islamic Economics and Finance Studies, 4(2), 197–213. http://dx.doi.org/10.47700/jiefes.v4i2.6473

Ahmad Juhaidi, Analisa Fitria, Noor Hidayati, Syaifuddin, Ridhahani, Akh. Fauzi Aseri, Masyithah Umar, Muhsin Aseri, & Muhammad Riza. (2023). Digital Citizenship of Generation Z in Indonesia: Does Islamic Higher Education Matter? Journal of Higher Education Theory and Practice, 23(13). https://doi.org/10.33423/jhetp.v23i13.6325

Andarsari, P. R., & Ningtyas, M. N. (2019). The role of financial literacy on financial behavior. Journal of accounting and business education, 4(1), 24–33.

Anshary, A. H., Faridah, R., Qamaruddin, M., Ma’mun, M. Y., & Aseri, Akh. F. (2023). Positive Attitudes Towards Digital Wallets in Banjarmasin, Indonesia. Proceedings of the International Conference on Intellectuals’ Global Responsibility (ICIGR 2022), 379–388. https://doi.org/10.2991/978-2-38476-052-7_42

Azhari, F. (2021). The habibs’ polygamy lives with ahwal women (A case study in Banjar regency, South Kalimantan, Indonesia). Kasetsart Journal of Social Sciences, 42(1), 159–164. retrieved from https://so04.tci-thaijo.org/index.php/kjss/article/view/249460

Azhari, F. ., Hariyanto, & Hidayat, M. R. . (2023). Giving jujuran in socio-cultural marriage of Banjar Community. Kasetsart Journal of Social Sciences, 45(1), 215–224. retrieved from https://so04.tci-thaijo.org/index.php/kjss/article/view/269485

Azizah, N. S. (2020). Pengaruh literasi keuangan, gaya hidup pada perilaku keuangan pada generasi milenial. Prisma (Platform Riset Mahasiswa Akuntansi), 1(2), 92–101.

Eliza, A. (2019). Literasi Keuangan Islam dan Faktor-Faktor yang mempengaruhinya. Valid: Jurnal Ilmiah, 16(1), 17–28.

Faridah, R., Mamun, M. Y., Qamaruddin, M., Naimah, & Badrian. (2023). Analysis of Consumer Attitude Towards Online Transportation in Banjarmasin. Dalam T. Suryanto, L. A. Sulejmani, J. Ali, R. Rena, S. Grima, & R. Piryu (Ed.), Proceedings of the International Conference on Sustainability in Technological, Environmental, Law, Management, Social and Economic Matters (ICOSTELM 2022) (Vol. 770, hlm. 54–60). Atlantis Press SARL. https://doi.org/10.2991/978-2-38476-112-8_7

Fitri Wulandari and Syaugi Mubarak (2021). Islamic work ethics and lecturer performance: Mediating roles of person-organization fit and innovation in learning activities. Problems and Perspectives in Management, 19(3), 22-32. doi:10.21511/ppm.19(3).2021.03

Hamid, N., Muhaimin, M., Purwantoro, A., Muhari, M. D. A., Martial, T., & Munizu, M. (2023). Do Workload And OCB Affect Employee Performance Moderated by Satisfication?. Journal of Law and Sustainable Development, 11(4), e582. https://doi.org/10.55908/sdgs.v11i4.582

Hidayat, M. R., Rusdiana, R., & Komarudin, P. (2021). Strategi pendidikan kewirausahaan di sekolah dasar alam muhammadiyah banjarbaru. AdBispreneur: Jurnal Pemikiran dan Penelitian Administrasi Bisnis dan Kewirausahaan, 6(2), 125-138.

Hidayat, R., Aseri, A., & Hanafiah, M. (2023). Legalization of Informal Hibah and Wasiat through Isbat Hibah and Wasiat in Religious Courts. Mazahib, 22(1), 89-128. https://doi.org/10.21093/mj.v22i1.5152

Hidayati, T., Umar, M., & Azhari, F. (2022). Political Reorientation of Indonesian Sharia Economic Law: Legal Politic of Trade Law on Sharia Multilevel Marketing. Mazahib, 21(2), 245-290. https://doi.org/10.21093/mj.v21i2.4971

Hidayati, T., Umar, M., Azhari, F., & Abas, M. (2023). THE LEGAL CONSTRUCTION OF LICENSING AND SUPERVISION OF SHARIA MULTILEVEL MARKETING IN INDONESIAN TRADE LAW. Jurisdictie: Jurnal Hukum dan Syariah, 13(2), 237 - 263. doi:https://doi.org/10.18860/j.v13i2.17989

Hidayatullah, M. S., Azhari, F., Yusuf, M., & Fadillah, R. (2024). Reconceptualization of Ideal Islamic Bankers in The Sharia Framework (An Effort to Create a Sharia Compliance Ecosystem). Afkaruna: Indonesian Interdisciplinary Journal of Islamic Studies, 20(1), 107–127. https://doi.org/10.18196/afkaruna.v20i1.21393

Huda, N., Dahliana, D., & Aseri, A. F. (2023). Improving The Quality of Prophetic Intelligence-Based Moral Education Programs with the CIPP Model. Eurasian Journal of Educational Research, 107(107), Article 107.

Kusumadewi, M., Aseri, A., & Seff, S. (2024). E-Procurement in the Procurement System for Goods/Services by the Government in Indonesia: Perspective of Saddu al-Dhariah. Ulul Albab: Jurnal Studi dan Penelitian Hukum Islam, 6(1), 101-122. doi:http://dx.doi.org/10.30659/jua.v6i1.36682

Makiah, Z. (2021). REKONSILIASI ISLAM DAN SAINS DALAM PERSPEKTIF NIDHAL GUESSOUM. Khazanah: Jurnal Studi Islam Dan Humaniora, 19(1), 61–82. https://doi.org/10.18592/khazanah.v19i1.4150

Makiah, Z. (2021). REKONSILIASI ISLAM DAN SAINS DALAM PERSPEKTIF NIDHAL GUESSOUM. Khazanah: Jurnal Studi Islam Dan Humaniora, 19(1), 61–82. https://doi.org/10.18592/khazanah.v19i1.4150

Makiah, Z., Hasan, N., Aisyah, L., & Sodiqin, A. (2022). A CONVERGENCE IN A RELIGION COMMODIFICATION AND AN EXPRESSION OF PIETY IN HALAL CERTIFICATION. Khazanah: Jurnal Studi Islam Dan Humaniora, 20(2), 153–170. https://doi.org/10.18592/khazanah.v20i2.7113

Margaretha, F., & Pambudhi, R. A. (2015). Tingkat literasi keuangan pada mahasiswa S-1 fakultas ekonomi. Jurnal manajemen dan kewirausahaan, 17(1), 76–85.

Mubarak, F., Mukhtar, H., Wahyuddin, W., Mahmudah, M., & Syaugi, S. (2021). العبارات الاصطلاحية في القرآن الكريم (دراسة تحليلية دلالية في سورة آل عمران) / The Idiom in al-Qur’an al-Karim (Semantic Analysis in Surah Āl Imran). Diwan: Jurnal Bahasa Dan Sastra Arab, 7(2), 139-159. https://doi.org/10.24252/diwan.v7i2.22375

Mubarak, S. (2023). Implementing the Fiqh of Disaster in Islamic Criminal Law Perspective and Legal Relevance of Mui’s Fatwas during the COVID-19 Pandemic. International Journal of Criminal Justice Sciences, 18(1), 79–96.

Mubarak, Z., Faridah, R., Yuliani, R., Sukarni, S., & Fong, M. (2023). Does Sharia Dormitory Business Unit support Islamic University Sustainability? Market, Financial, and Maqashid Sharia Analysis. Ikonomik: Jurnal Ekonomi dan Bisnis Islam, 8(1). https://ejournal.radenintan.ac.id/index.php/ikonomika/article/view/15990

Muhaimin, Subhan, M., Anshary, A. H., Azhari, F., & Haisy, N. (2023). Use of Hajj Funds for Infrastructure Development: A Review of Deposit Contract and Use of Hajj Funds. Journal of Law and Sustainable Development, 11(10), 1–17. https://doi.org/10.55908/sdgs.v11i10.852

Muktamar, A., Hertina, D., Ratnaningsih, R., Syaepudin, S., Syahputra, H., Hendriana, T. I., Masruroh, M., Sudalyo, R. A. T., & Nursanti, T. D. (2023). MSDM ERA MILENIAL: Pengelolaan MSDM yang Efektif untuk Generasi Milenial. PT. Sonpedia Publishing Indonesia. https://books.google.com/books?hl=id&lr=&id=GWHjEAAAQBAJ&oi=fnd&pg=PR1&dq=MSDM+era+milenial&ots=Qg1VJ9xqof&sig=49Io9HvPVQD8SRk1uNqiplUdHVw

Noval, M., Raharjanti, R., & Ali, M. A. (2020). Ownership on Islamic Economic Perspective and Director Ownership on Sharia Companies with Moderation Roles of Independent Commissioners. Jurnal Ekonomi dan Bisnis Islam, 5(1), 17-42.

P.Sinambela, L., & Sinambela, S. (2021). METODE PENELITIAN KUANTITATIF Teoritik dan Praktik. Rajagrafindo Persada.

Rasyid, M., Aseri, A. F., Sukarni, S., & Aseri, M. (2023). Scientific Consideration in the Concept of Islamic Law in Indonesia : A Study on The Fatwas of Falakiyah Of MUI. Al-Daulah: Jurnal Hukum Dan Perundangan Islam, 13(2), 202–229. https://doi.org/10.15642/ad.2023.13.2.202-229

Rasyid, M., Aseri, M., Sukarni, S., Aseri, A. F., & Faid, M. S. (2023). Science And Its Role In Changes In Islamic Legal Thought (An Analysis Of Changes In The Fatwa Of The Indonesian Ulema Council Due To Recent Scientific Findings). Syariah: Jurnal Hukum dan Pemikiran, 23(2). https://doi.org/10.18592/sjhp.v23i2.11361

Riinawati, R. (2022). Building Public Accountability Through Financial Management in Madrasah. AL-TANZIM: Jurnal Manajemen Pendidikan Islam, 6(1), 268–280. https://doi.org/10.33650/al-tanzim.v6i1.3069

Riyanto, S., & Hatmawan, A. A. (2020). Metode riset penelitian kuantitatif penelitian di bidang manajemen, teknik, pendidikan dan eksperimen. Deepublish.

Sanawiah, Ramdhani, M. T., Ariyadi, Norcahyono, Aseri, A. F., Lawang, K. A., & Amruzi, M.F.A. (2023). Law Politics of People’s Mining Based On Maqashid Syariah’s Welfare And Social Justice Viewpoint. Russian Law Journal, 11(3s), Article 3s. https://doi.org/10.52783/rlj.v11i3s.774

Seff, S., & Hidayatullah, M. S. (2020). Urgency Of The Application Of Sharia Guarantee In Islamic Banking In Indonesia. Syariah: Jurnal Hukum dan Pemikiran, 20(2), 201-216.

Sugiyono. (2017). METODE PENELITIAN KUANTITATIF, KUALITATIF, DAN R&D. Alfabeta.

Sukarni, S., & Mahmud, H. bin. (2024). Development and Concept of Environmental Fiqh in the Works of Banjar Scholars: Historical and Thought Analysis. Syariah: Jurnal Hukum dan Pemikiran, 24(1). https://doi.org/10.18592/sjhp.v24i1.12906

Sukarni, S., & Mansyuroh, F. A. (2022). Forest Waqf: An Alternative Solution for Protecting Environment in Kalimantan. Islamica: Jurnal Studi Keislaman, 17(1), 46-67. https://doi.org/10.15642/islamica.2022.17.1.46-67

Sukarni, S., & Mansyuroh, F. A. (2022). Forest Waqf: An Alternative Solution for Protecting Environment in Kalimantan. Islamica: Jurnal Studi Keislaman, 17(1), 46-67. https://doi.org/10.15642/islamica.2022.17.1.46-67

Suparno, D., Tjahjawulan, I., Martodiryo, S., Anshary, A. H., Mulyono, Badrian, Indrariani, E. A., & Suwondo, T. (2023). The influence of financial literacy, digital literacy, digital marketing, brand image and word of mouth on the z generatyion’s interest in Islamic banks. International Journal of Data and Network Science, 7, 1975–1982. https://doi.org/10.5267/j.ijdns.2023.6.015

Suparno, D., Tjahjawulan, I., Martodiryo, S., Anshary, A., Mulyono, M., Badrian, B., Indrariani, E & Suwondo, T. (2023). The influence of financial literacy, digital literacy, digital marketing, brand image and word of mouth on the z generation's interest in Islamic banks.International Journal of Data and Network Science, 7(4), 1975-1982.

Syaugi & Aulia Rahmah. (2021). Investment Decisions through Total Asset Growth toward Price to Book Value on the Jakarta Islamic Index. MUQTASID: Jurnal Ekonomi dan Perbankan Syariah, 12(1), 63–74. https://doi.org/10.18326/muqtasid.v12i1.63-74

Syaugi, S., & Rahmah, A. (2021). Investment Decisions through Total Asset Growth toward Price to Book Value on the Jakarta Islamic Index. Muqtasid: Jurnal Ekonomi Dan Perbankan Syariah, 12(1), 63-74.

Syaugi, S., Badrian, B., & Mubarak, F. (2020). PERAN KEARIFAN LOKAL DALAM UPAYA DERADIKALISASI FAHAM RADIKAL DI KALIMANTAN SELATAN. Khazanah: Jurnal Studi Islam Dan Humaniora, 18(2), 155–172. https://doi.org/10.18592/khazanah.v18i2.4155

Wafa, F. E., Rahmah, Gafur, A., & Ansharullah. (2024). Analysis of Sharia Financial Literacy Levels of Nagara’s Muslim Community. Al-Intaj: Jurnal Ekonomi dan Perbankan Syariah, 10(2). http://dx.doi.org/10.29300/aij.v10i2.3971

Wajdi, M., Barata, F., Syamil, A., Prasetyani, D., Tunjungsari, H., Aliyyah, I., Fatmawati, E & Aseri, A. (2023). Exploring the role of supplier integration, customer integration on operational performance by mediating the SMEs supply chain flexibility.Uncertain Supply Chain Management, 11(4), 1851-1858.

Yuliani, R., Mubarak, Z., Arifah, A., & Hayat, A. (2023). Evaluating The Feasibility of Replacing Official Vehicle Facility (ROVF) in Balangan Regency: Case Study In Cost-Benefit Analysis. International Business and Accounting Research Journal, 7(1), Article 1.

Yulistiyono, A., Gunawan, E., Widayati, T., Firmansyah, H., Malau, N. A., Megaster, T., Ekopriyono, A., Nurhayati, T. P. T., Siahaan, A. L. S., Suharno, S., Setiyawan, S., Sumarjiyanto, N., Manullang, S. O., Retnandari, S. D., Nawatmi, S., Caroline, C., Nusantara, A., Isnowati, S., Hikmah, H., & Indawati, N. (2021). Bonus Demografi sebagai Peluang Indonesia dalam Percepatan Pembangunan Ekonomi. Penerbit Insania.

Yusuf, M. (2022). The Effect of Prophetic Leadership on Employee Work Motivation at The Islamic Higher Education. Al-Tanzim: Jurnal Manajemen Pendidikan Islam, 6(1), Article 1. https://doi.org/10.33650/al-tanzim.v6i1.3326

Yusuf, M., & Abduh, M. R. (2022). SHARIA LAW ANALYSIS OF BINARY OPTION. Syariah: Jurnal Hukum dan Pemikiran, 22(2), 141–149. https://doi.org/10.18592/sjhp.v22i2.6454

Yusuf, M., Abduh, M. R., & Sofyani, H. (2023). Islamic bank spin-off: a systematic literature review. Journal of Accounting and Investment, 24(2), 355–384. https://doi.org/10.18196/jai.v24i2.17736

Yusuf, M., Azhari, F., Amruzi, F. A., Wahidi, M. M. I., & Anafarhanah, S. (2022). Green Economy Financing According to Fiqh Al-Biah as Part of Maqashid Sharia. Pena Justisia: Media Komunikasi Dan Kajian Hukum, 21(1), Article 1. https://doi.org/10.31941/pj.v21i1.2725

Zaki Mubarak, Rohana Faridah, Rahma Yuliani, Sukarni Sukarni, & Michelle Fong. (2023). Does Sharia Dormitory Business Unit support Islamic University Sustainability? Market, Financial, and Maqashid Sharia Analysis. IKONOMIKA: Jurnal Ekonomi dan Bisnis Islam, 8(1), 37–52. https://doi.org/10.24042/febi.v8i1.15990

Downloads

Published

2024-09-20