Roles of Islamic Financial Literacy on Financial Decision-Making: Building a Conceptual Framework Based on the Theory of Planned Behavior and Social Cognitive Theory

Zulfaka, Auni; Kassim, Salina

doi:10.1007/978-3-031-27860-0_23

Cited by 1 publication

(1 citation statement)

References 35 publications

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“…Improved Islamic financial literacy positively impacts financial behaviors and well-being, contributing to informed financial decisions. Zulfaka and Kassim (2023) propose a framework highlighting the roles of Islamic financial literacy in influencing financial decisions. The study aids in understanding the impact of Islamic financial literacy on financial choices, benefiting both academia and practitioners seeking to promote ethical and responsible financial decision-making.…”

Section: Empowering Educators With Ethical Financial Literacymentioning

confidence: 99%

Advancing Ethical and Sustainable Economy: Islamic Finance Solutions for Environmental, Social, & Economic Challenges in the Digital Age

Elamin

2023

ijmst

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This article explores the convergence of Islamic Finance principles and Environmental, Social, and Governance (ESG) considerations in investment strategies. It provides a comprehensive analysis of the significance of ethical and sustainable economic practices in the digital age and offers practical solutions for a more inclusive, responsible, and sustainable economic ecosystem. The article covers the foundational principles of Islamic Finance, its exponential growth in the digital age, and the global challenges of environmental degradation, social inequality, and economic instability. It delves into the pivotal role of Islamic Finance in addressing sustainability and ethics and the transformative impact of digital technology on the industry. The article also investigates the potential of ESG investments in Islamic Finance and their alignment with ethical principles, social welfare, and corporate social responsibility. Additionally, it explores innovative financial products for underserved populations, empowering women, and fostering financial literacy. The article concludes with policy recommendations and future trends for advancing ethical and sustainable Islamic Finance.

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Section: Empowering Educators With Ethical Financial Literacymentioning

confidence: 99%

Advancing Ethical and Sustainable Economy: Islamic Finance Solutions for Environmental, Social, & Economic Challenges in the Digital Age

Elamin

2023

ijmst

View full text Add to dashboard Cite

show abstract

Roles of Islamic Financial Literacy on Financial Decision-Making: Building a Conceptual Framework Based on the Theory of Planned Behavior and Social Cognitive Theory

Cited by 1 publication

References 35 publications

Advancing Ethical and Sustainable Economy: Islamic Finance Solutions for Environmental, Social, & Economic Challenges in the Digital Age

Advancing Ethical and Sustainable Economy: Islamic Finance Solutions for Environmental, Social, & Economic Challenges in the Digital Age

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