The influence of financial literacy and Islamic finance awareness on financial behaviour: students' perspective

This study aims to examine the influence of financial literacy and Islamic finance awareness on financial behaviour among Kolej MARA Kuala Nerang (KMKN) students. A sample of 350 active students was selected to complete an internet survey, consisting of questions on students’ demographic backgroun...

وصف كامل

محفوظ في:
التفاصيل البيبلوغرافية
المؤلف الرئيسي: Nur Syakimah, Mohd Subhi
التنسيق: أطروحة
اللغة:eng
eng
منشور في: 2016
الموضوعات:
الوصول للمادة أونلاين:https://etd.uum.edu.my/6190/1/s812398_01.pdf
https://etd.uum.edu.my/6190/2/s812398_02.pdf
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الوصف
الملخص:This study aims to examine the influence of financial literacy and Islamic finance awareness on financial behaviour among Kolej MARA Kuala Nerang (KMKN) students. A sample of 350 active students was selected to complete an internet survey, consisting of questions on students’ demographic background, financial literacy, Islamic finance awareness and financial behaviour. This study hypothesises financial literacy and Islamic finance awareness significantly influence financial behaviour. The findings show that on average, 48% of the students answered the questions on financial literacy correctly. In addition, they are also aware and have the knowledge about Islamic finance but with limited ability to explain the concept. Further, students' financial behaviour is found to be at moderate level. Regression analysis shows Islamic finance awareness positively and significantly influence students’ financial behaviour. This finding may assist policymakers in developing programmes that inculcate Islamic values to encourage good financial behaviour.