Doloh, Aubaidillah and Redzuan, Nur Harena and Mohd Yusoff, Zarinah (2022) The role of financial behaviour, financial stress and financial well-being towards Islamic financial literacy. In: 10th ASEAN International Conference on Islamic Finance (10th AICIF 2022), 7-8 December 2022, Kuala Lumpur. (Unpublished)
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Abstract
Financial literacy is an important national issue and become the main focus in many countries. Various reports have confirmed that a huge number of the world’s population is lacking knowledge of finance. The increasing number of people with a low level of financial literacy reflects the effectiveness of their educational institution and impacts the well-being of the national economy in the country. Thus, this study explores the role of financial behaviour, financial stress, and financial well-being in Islamic financial literacy. The study employs a qualitative research method by reviewing the selected literature using content analysis. Financial behaviour, financial stress, and financial well-being are good predictors to determine the level of Islamic financial literacy. The study suggests that the regulator and education institutions should provide more relevant projects and programs to improve the knowledge and understanding of Islamic financial literacy, especially among youth, to reflect on good financial behaviour and financial well-being according to Islamic principles.
| Item Type: | Conference or Workshop Item (Plenary Papers) |
|---|---|
| Uncontrolled Keywords: | Islamic financial literacy, financial behaviour, financial stress, financial well-being, sustainability |
| Subjects: | H Social Sciences > HG Finance > HG3368 Islamic Banking and Finance H Social Sciences > HG Finance > HG8719 Islamic Insurance Takaful |
| Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button): | Institute of Islamic Banking & Finance (IIiBF) |
| Depositing User: | Nur Harena Redzuan |
| Date Deposited: | 11 Jan 2023 15:33 |
| Last Modified: | 11 Jan 2023 15:33 |
| URI: | http://irep.iium.edu.my/id/eprint/102643 |
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