The Impact of Literacy to Shariah Financial Service Preferences

Abstract

The purpose of this study was to determine whether the Islamic financial literacy and the indicator as the knowledge, ability or skills and the confidence have a significant effect together and partially to the preferences of using the Islamic financial services. This type of research is descriptive research, while the method of analysis used in this study is the method of binary logistic regression analysis. The data used is primary data by the method of distributing questionnaires to users and non-users of Islamic financial services in Jakarta spread to the period April to May 2014. The results of this study indicate that Islamic financial literacy significant influence preference use Islamic financial services. In further testing, the knowledge indicator is partially significant toward the preferences of the use of Islamic financial services, as for indicators of ability and confidence does not affect the preferences of the use of Islamic financial servicesDOI: 10.15408/etk.v15i1.3115

Determinant of The Financial Literacy: Case Study on Career Woman in Indonesia

“…They found that the financial literacy was affected by age, education level, and the annual income. Sardiana (2016) stated that the financial literacy could affect the preference and usage of the services. Knowledge is one of the factors that had an impact on the preferences.…”

Measuring islamic financial literacy and discovering its relations with entrepreneurship among university students in Turkey

“…In addition, it was observed that third grade students were at a higher financial literacy level than first and second grade students and male students were higher than female students. Sardiana (2016) argued that Islamic financial literacy consists of three dimensions, including the ability to understand the characteristics of financial products, self-confidence and the level of knowledge about Islamic financial products. It was concluded that self-confidence and ability to understand Islamic financial products had no effect on the choice of Islamic financial products, but knowledge of Islamic financial products was highly effective.…”

İslami̇ Fi̇nansal Okuryazarlik Düzeyi̇ni̇n Beli̇rlenmesi̇: Katilim Bankalari Müşteri̇leri̇ Üzeri̇ne Bi̇r Araştirma

“…Finansal ürün ve hizmetlerin bireylerin ihtiyaçlarını karşılamak için geliştirildiğini ve bu ihtiyaçların karşılanmasında kişinin ürün ve hizmetler hakkında bilgi sahibi olma ve özelliklerini anlama yeteneğinin, becerisinin ve özgüveninin olması finansal okuryazarlık olarak tanımlanmaktadır. Đslami finansal ürün ve hizmetler hakkında bilgi sahibi olma ve anlama özelliği ise Đslami finansal okuryazarlık olarak ifade edilmektedir (Sardiana, 2016).…”