Download fulltext HTML
Bidari, I., Jajang W Mahri, A., & Rosida, R. (2019). Customers Literacy on Islamic House Financing Products. KnE Social Sciences, 3(13), 492–498. https://doi.org/10.18502/kss.v3i13.4225

https://doi.org/10.18502/kss.v3i13.4225

statistics

  • 275 Abstract Views
  • 298 PDF Views
  • 0 HTML Views

authors

  • I Bidari
    No author data available.
  • A Jajang W Mahri
    No author data available.
  • R Rosida
    No author data available.

Published Date

  • Mar 31, 2019

Customers Literacy on Islamic House Financing Products

KnE Social Sciences / The 2nd International Conference on Islamic Economics, Business, and Philanthropy (2nd ICIEBP) / Pages 492–498

Abstract

Sharia financial literacy is a person’s understanding of the products of Islamic financial institutions in order to improve the ability and willingness of someone to take advantage of products in the Islamic financial institutions as one solution for the needs of economy. This study aims to obtain a picture of how the level of literacy of Islamic house financing products in Islamic house financing customers with various kinds of contracts (aqd) used in sharia house financing. This research uses quantitative descriptive method. The population in this study are sharia financing customers which amounted to 150 people and a sample of 80 people with purposive sampling technique. Instrument in this study using questionnaires. The results of this study indicate the level of customer literacy on shariah house financing products and kinds of contracts (aqd) used in sharia house financing in different Islamic banks are in good category, although there are some indicators are in good enough category.


 


 


Keywords: Islamic Financial Literacy, Murabaha, Musharakah Mutanaqisah, Istisna, Sharia house financing

References
[1] Abdullah, M. A., & Anderson, A. (2015). Islamic Financial Literacy among Bankers in Kuala Lumpur. Journal of Emerging Economies and Islamic Research.


[2] Ahmad, N. W., Mawar, M. Y., & Ripain, N. (2016). FINANCIAL LITERACY OF YOUTH: A CASE STUDY OF ISLAMIC BANKING AND FINANCE STUDENTS IN KOLEJ UNIVERSITI ISLAM ANTARABANGSA SELANGOR.


[3] Atkinson, A., & Messy, F.-A. (2011). Assessing financial literacy in 12 countries: an OECD/INFE international pilot exercise. Journal of Pension Economic and Finance.


[4] Er, B., & Mutlu, M. (2017). Financial Inclusion and Islamic Finance: A Survey of Islamic Financial Literacy Index. International Journal of Islamic Economics And FInance Studies.


[5] Ergun, K. (2017). Financial literacy among university students: A study in eight European countries.


[6] LUSARDI, A. (2015). Financial Literacy Skills for the 21st Century: Evidence from PISA.


[7] Maamor, S., Rahman, N. L., & Hamed, A. B. (2016). Determinants of Islamic Home Financing Product Selection among Lower Income Group in Kuala Lumpur, Malaysia. International Journal of Economics and Financial Issues.


[8] Miller, Margaret, & al, e. (2009). The Case for Financial Literacy in Developing Countries: Promoting Access to Finance by Empowering Consumers. World Bank, DFID, OECD e CGAP, http://www. oecd. org/dataoecd/35/32/43245359. pdf.


[9] Naseem, T. M. (2014). Islamic Housing Finance: Opportunity & Challenges. World Bank/IFC 6th Global Housing Finance Conference, Washington DC.


[10] Razak, D. A. (2011). Consumers’ perception on Islamic home financing: Empirical evidences on Bai Bithaman Ajil (BBA) and diminishing partnership (DP) modes of financing in Malaysia.


[11] Rusmana, O., & Ardianti, L. (2015). Analisis Perbedaan Literasi Keuangan Masyarakat Anggota Credit Union dengan Anggota Baitul Tamwil.