ISLAMIC GREEN FINANCIAL LITERACY: LESSON FROM SME’s ISLAMIC INDONESIAN

Subject Areas : Business and Marketing

Asep Rokhyadi Permana Saputra ¹ (Program Studi Manajemen, Fakultas Ekonomi, Universitas Mercu Buana Yogyakarta, Indonesia.)
Rahmawati Rahmawati ² (Accounting Department, Economic Faculty, Sebelas Maret University, Indonesia)
Fety Rochyawati Qudrat Mulya ³ (Finance Departement, Sekolat Tinggi Ilmu Ekonomi Yapis, Merauke, Indonesia)
Nur Huda ⁴ (Department of Islamic Economics, Walisongo Islamic University, Semarang, Indonesia)

Received: 2023-09-26 Accepted : 2023-11-23 Published : 2024-07-03

Keywords: Financial literacy, Fiqh Knowledge, Islamic Financial Knowledge, Islamic Financial Attitude, Islamic Financial Behavior, Islamic Green Finance Social Influences.,

Abstract :

The development of Islamic financial literacy behavior has been good among MSMEs, but as a result of global warming, Islamic green finance is still new in its application. This study aims to explore the extent to which the literacy of MSMEs in Jogjakarta whose ownership is Muslim applies Islamic green finance so that there is a change in Islamic financial behavior. The literacy includes being influenced by external and internal factors, namely social influence; Islamic financial knowledge; Islamic financial attitude; Islamic financial behavior; fiqh knowledge; Islamic green finance. The research method to reveal it, by testing the variable instrument is the validity and reliability test, goodness-of-fit measures, with structural equation modeling. The results show that there is no social influence on Islamic financial attitude, there is an influence of Islamic financial knowledge on Islamic financial attitude, there is an influence of Islamic financial attitude on Islamic financial behavior, there is an influence of fiqh knowledge to strengthen Islamic financial knowledge on Islamic financial attitude, and there is an Islamic green influence. financial strengthens Islamic financial knowledge towards Islamic financial attitude.

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