Significance of Financial Literacy among Women Entrepreneur on Halal Business

Yasin, Raudlotul Firdaus Fatah; Mahmud, Mek Wok; Diniyya, Aulia Arifatu

doi:10.36877/jhis.a0000076

Cited by 9 publications

(7 citation statements)

References 21 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Based on this phenomenon, SMEs are facing rapid changes resulting in the current business model is no longer sustainable. The driving force for changes in the SMEs industry -self-efficacy and Sharia financial literacy -is increasing because these facts are interrelated (Fatah Yasin, Mahmud and Diniyya, 2020). Self-efficacy is needed by every resource in order to be able to face changes so as to encourage innovation in business models (Putri et al, 2019), strengthening Shariah financial literacy can improve business performance (Hidajat et al, 2016).…”

Section: Introductionmentioning

confidence: 99%

The roles of self efficacy and sharia financial literacy to SMES performance: business model as intermediate variable

et al. 2021

View full text Add to dashboard Cite

Background: SMEs have made a major contribution to the national economy, but Pandemic covid-19 made the decline of SMEs which directly affected the economy in Indonesia. The purpose of this research focus to explore the innovation of business models the novelty of the research model in the business model of innovation research models is to include the variable self-efficacy. This research emphasizes self-efficacy and Islamic financial literacy as independent variables, business model innovation as an intermediate model and business performance variables as dependent variables, with the focus of research on SMEs. Methods: This quantitative study uses partial least square structural equation modeling (PLS-SEM) and a questionnaire survey to analyze the 40 Street Vendors which is categorized as SMEs around Unisba. In the initial stages, the Questionnaire was tested with the Validity and Reliability test. In the PLS-SEM analysis, the validity of the indicators / items forming latent variables is based on the significance value of t arithmetic obtained from the loading factor value divided by the standard error. After being collected, the data is then processed and analyzed. The analytical method used in this study is the simultaneous equation model, namely Partial Least Square (PLS). The statistical tool used to test the hypothesis is Smart PLS. Results: The results showed that self-efficacy and Islamic financial literacy through business model innovation, had a positive effect on SMEs business performance simultaneously or partially. Conclusion: So that by having good self-efficacy and good Islamic financial literacy plus an appropriate business innovation model, it will improve the business performance of SMEs.

show abstract

Section: Introductionmentioning

confidence: 99%

The roles of self efficacy and sharia financial literacy to SMES performance: business model as intermediate variable

et al. 2021

View full text Add to dashboard Cite

show abstract

“…Programs should take into account the cultural, social, and economic context in which women operate (Monisola , Rosyadah, et. al., 2022, Yasin, Mahmud & Diniyya, 2020.…”

Section: Case Studies and Examplesmentioning

confidence: 99%

Leveraging technology and financial literacy for women’s empowerment in SMEs: A conceptual framework for sustainable development

Chidiogo Uzoamaka Akpuokwe,

Chidinma Favour Chikwe,

Nkechi Emmanuella Eneh

2024

Global J. Eng. Technol. Adv.

View full text Add to dashboard Cite

In the landscape of small and medium-sized enterprises (SMEs), fostering women's empowerment through technology and financial literacy emerges as a pivotal strategy for sustainable development. This abstract presents a conceptual framework delineating the integration of technology and financial literacy to empower women entrepreneurs within SMEs, fostering economic growth, and societal advancement. The framework begins by recognizing the significance of leveraging technology as a catalyst for women's empowerment. Technology adoption facilitates access to markets, networks, and resources, leveling the playing field for women entrepreneurs. Through digital platforms, women can overcome geographical barriers, tap into global markets, and enhance their competitiveness in the digital economy. Moreover, the conceptual framework emphasizes the critical role of financial literacy in enabling women's empowerment within SMEs. Financial literacy equips women entrepreneurs with the knowledge and skills to manage finances effectively, make informed decisions, and access capital markets. By enhancing financial literacy, women can navigate complex financial landscapes, secure funding for business growth, and mitigate financial risks. Central to the framework is the intersectionality of technology and financial literacy, synergistically driving women's empowerment in SMEs. Technology serves as an enabler for financial literacy initiatives, providing accessible and scalable platforms for delivering financial education and services to women entrepreneurs. Conversely, financial literacy enhances women's ability to leverage technology effectively, maximizing the benefits of digital tools and platforms for business growth and sustainability. The conceptual framework underscores the importance of ecosystem support in facilitating women's empowerment within SMEs. Collaboration among government agencies, financial institutions, technology providers, and civil society organizations is essential for creating an enabling environment that fosters women's access to technology and financial resources. By fostering partnerships and collaborations, stakeholders can amplify the impact of initiatives aimed at promoting women's empowerment and sustainable development in SMEs. In conclusion, the conceptual framework presents a holistic approach to leveraging technology and financial literacy for women's empowerment in SMEs, offering insights into the interconnectedness of technology adoption, financial literacy, and ecosystem support in driving sustainable development outcomes. Implementing this framework requires concerted efforts from stakeholders across sectors to create an inclusive and supportive environment where women entrepreneurs can thrive and contribute to economic growth and societal advancement.

show abstract

“…Islam is obvious as a way of life that integrates material and spiritual aspects into daily life when viewed through the Islamic perspective. As the Khalifah fi al-Ardh, Islam encourages Muslims to take positive activities that unite and benefit the entire cosmos (Fatah Yasin et al, 2020). Additionally, the author discusses the role of women in business.…”

Section: Literature Reviewmentioning

confidence: 99%

“…According to the 2016 Report of the United Nations Secretary-High-Level General's Panel on Women's Economic Empowerment, women trail behind males in terms of female company owners, the size of women-owned enterprises, and access to economic resources (Fatah Yasin et al al., 2020). Naturally, this is a difficulty, as is the requirement for innovation to address existing problems and obstacles.…”

Section: Introductionmentioning

confidence: 99%

Women entrepreneurship: A sentiment analysis

Rusydiana¹,

Izza²

2022

RISFE

View full text Add to dashboard Cite

Purpose – This study aims to determine the sentiment towards women's entrepreneurship development in the last 32 years, from 1987 to 2019Methodology – The method used is descriptive statistical analysis combined with meta-analysis and sentiment from secondary data in metadata from 98 Scopus indexed publications, then processed using Microsoft Excel 2019 and SentiStrength software.Findings – The sentiment analysis results show that the expert opinions on the development of women's entrepreneurship are diverse, with positive sentiment at 30.6%, negative sentiment at 30.6%, and neutral sentiment at 38.8%. Based on the study results, it was found that there had been a rise in the study on the topic of developing women's entrepreneurship in the scholarly literature. Implications – These results can be used as illustrations to provide education and literacy about existing barriers to women's entrepreneurship. A strong commitment from a variety of stakeholders, including interested parties such as policymakers and the government, hoped to play a critical role in supporting and strengthening the women entrepreneurship ecosystem to advance economic empowerment by advancing innovation in tandem with the advancement of digitalization in the form of digital technology, improving the education system and employment practices can maximize the potential of female entrepreneurs, resulting in positive outcomes such as job creation and increased welfare, as well as assisting the United Nations in implementing the Sustainable Development Goals (SDGs).Originality – There are no papers discussing the evolution of global views of interest in women's entrepreneurship research using the sentiment method. Therefore, this paper is among the first.

show abstract

Significance of Financial Literacy among Women Entrepreneur on Halal Business

Cited by 9 publications

References 21 publications

The roles of self efficacy and sharia financial literacy to SMES performance: business model as intermediate variable

The roles of self efficacy and sharia financial literacy to SMES performance: business model as intermediate variable

Leveraging technology and financial literacy for women’s empowerment in SMEs: A conceptual framework for sustainable development

Women entrepreneurship: A sentiment analysis

Contact Info

Product

Resources

About