The Impact of Income, Interest, and Financial Literacy on Sharia Banking Products in Semarang City: A Moderating Effect of Religion

Hadi Purnomo; Mahelan Prabantarikso

doi:10.29313/amwaluna.v9i1.5520

Authors

Hadi Purnomo Universitas Mitra Bangsa
Mahelan Prabantarikso Indonesia Banking School

DOI:

https://doi.org/10.29313/amwaluna.v9i1.5520

Keywords:

Shopping Life Style; Product Quality; Marketing Sharia, Decisions Regarding Purchases and Customer Contentment.

Abstract

This study found that income, financial literacy, and religiosity significantly influence the use of Islamic banking products in Semarang, with the research conducted from February to March 2024, while interest did not have a significant impact. This study, involving 85 respondents, used the PLS-SEM method and tested seven hypotheses, with five yielding positive results. The research highlights the interaction between economic, social, and religious factors in Islamic banking. Practically, Islamic banks are advised to strengthen financial literacy based on religious values and tailor their products to match customers' income profiles and religiosity.

References

Akbar, S., Soh, K. G., Jazaily Mohd Nasiruddin, N., Bashir, M., Cao, S., & Soh, K. L. (2022). Effects of neuromuscular training on athletes physical fitness in sports: A systematic review. In Frontiers in physiology (Vol. 13, p. 939042). https://doi.org/10.3389/fphys.2022.939042

Albaity, M., & Rahman, M. (2019). The intention to use Islamic banking: an exploratory study to measure Islamic financial literacy. International Journal of Emerging Markets, 14(5), 988-1012.

Arumsari, D. T. (2019). Pengaruh Literasi Keuangan Dan Kompetensi Sdm Terhadap Kinerja Ukm Di Jawa Timur. STIE Perbanas Surabaya.

Devi, A., Firmansyah, I., Yuniarto, A. S., Hamid, B. A., & Nawawi, M. K. (2023). Determinant Factor Analysis of Financial Technology Adoption Among Halal Sector Microenterprises in Indonesia. Amwaluna: Jurnal Ekonomi Dan Keuangan Syariah, 7(2), 347–368. https://doi.org/10.29313/amwaluna.v7i2.12546

Ghozali, I. (2021). Partial Least Squares : Konsep, Teknik dan Aplikasi Menggunakan Program SmartPLS 3.2.9 Untuk Penelitian Empiris, 3/E. Badan Penerbit Universitas Diponegoro.

Hasan, I. Y., & Wati, M. F. (2022, September). The influence of knowledge, religiosity, and social environment on interest in saving in Islamic banking. In Proceedings of the International Conference of Islamic Economics and Business (ICONIES) (Vol. 8, No. 1, pp. 109-116).

Helliana, H., & Gunawan, J. (2023). The Effect of Company Size, Capital Adequacy, And Level of Funding On Financial Performance Moderated By The Sharia Supervisory Board. Amwaluna: Jurnal Ekonomi Dan Keuangan Syariah, 7(2), 323–338. https://doi.org/10.29313/amwaluna.v7i2.12018

Hidayat, A., Abdullah, W., Zulfikar, A., & Darussalam, A. (2023). Pengaruh Literasi Keuangan Syariah, Gaya Hidup, Dan Lingkungan Sosial Terhadap Pola Konsumsi Dengan Religiusitas Sebagai Variabel Moderasi. Prosiding Nasional 2023, h. 230.

Juhro, S. M., & Trisnanto, B. (2021). Paradigma dan Model Pertumbuhan Ekonomi Endogen Indonesia (Endogenous Paradigm and Growth Model for Indonesian Economy). SSRN Electronic Journal. https://doi.org/10.2139/ssrn.3787174

Mohan, K., Ganesan, A. R., Muralisankar, T., Jayakumar, R., Sathishkumar, P., Uthayakumar, V., ... & Revathi, N. (2020). Recent insights into the extraction, characterization, and bioactivities of chitin and chitosan from insects. Trends in food science & technology, 105, 17-42.

Muhammad, M., Sirat, A. H., & Hadady, E. H. (2023). The Effect of Islamic Financial Literacy on the Decision to Use Islamic Banking Services in the City of Ternate with Religion as a Moderating Variable. Jurnal Manajemen Bisnis, 10(1), 177–189.

Puji Lestari, D. I., Cahyaningtyas, S. R., & Isnaini, Z. (2023). Pengaruh Literasi Keuangan Syariah, Pengetahuan, Religiusitas, Dan Uang Saku Terhadap Minat Mahasiswa Menjadi Nasabah Pada Bank Syariah (Studi Kasus Pada Mahasiswa Fakultas Ekonomi Dan Bisnis Universitas Mataram). Jurnal Riset Mahasiswa Akuntansi, 3(3), 68–82. https://doi.org/10.29303/risma.v3i3.790

Rachmad, Y. E. (2022). Collaborative Leadership Theory.

Sarwono, A. E., & Handayani, A. (2021). Metode Kuantitatif Penulis.

Satriawan, N. (2023). Pengertian Metode Penelitian dan Jenis-jenis Metode Penelitian. Ranah Research.

Šeho, M., Bacha, O. I., & Smolo, E. (2020). The effects of interest

Shiraj, M., Shameem, A. L. M. A., & Nawaz, S. (2014, January). Comparative study on customer satisfaction of islamic and conventional banking in Sri Lanka. In First International Symposium.

Sugiyono. (2022). Metode Penelitian Kuantitatif, Kulitatif Dan R & D.

Widyastuti, D. A. R., Nuswantoro, R., & Sidhi, T. A. P. (2016). Literasi Digital pada Perempuan Pelaku Usaha Produktif di Daerah Istimewa Yogyakarta. Jurnal ASPIKOM, 3(1), 1. https://doi.org/10.24329/aspikom.v3i1.95

Yanto, R. T. Y., & Prabowo, A. L. P. (2020). Pengaruh Personal Selling Terhadap Pencapaian. Jurnal Bisnis Dan Pemasaran, 10, no 1(2087–3077), 2–12.