The Effect of Islamic Financial Socialization and Education on Public Interest in Using Islamic Banking Services

This study aims to analyze the influence of Islamic finance socialization and education on public interest in using Islamic banking services. Involving 66 respondents in two major cities in Indonesia, this study uses a survey method with questionnaires to collect data that measures respondents' perception and understanding of Islamic finance principles, such as profit-sharing and the prohibition of usury. Data analysis using SPSS shows that socialization and education of Islamic finance have a significant positive influence on the increase in public interest in using Islamic banking services, where more than 65% of respondents reported an increase in interest after participating in the socialization and education program. These findings indicate that effective education strategies are very important in communicating Islamic finance concepts in order to build public understanding and trust. The implication of this study is the need for Islamic banks and financial institutions to continue to strengthen Islamic financial socialization and education programs to expand public access to sharia-based financial services. This step not only supports the growth of the Islamic banking sector, but also strengthens sustainable financial inclusion in Indonesia.

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Publication Details

Journal
Nomico.
Published
2024-10-31
DOI
https://doi.org/10.62872/dgtfr826
Citations
1
Primary Topic
Islamic Finance and Banking Studies
Type
article
Field-Weighted Citation Impact
0.95
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article

The Effect of Islamic Financial Socialization and Education on Public Interest in Using Islamic Banking Services

Helma Maraliza
1 citations
Nomico.
Islamic Finance and Banking Studies
0.95
article

The Effect of Islamic Financial Socialization and Education on Public Interest in Using Islamic Banking Services

Helma Maraliza
article en
1 citations

Abstract

This study aims to analyze the influence of Islamic finance socialization and education on public interest in using Islamic banking services. Involving 66 respondents in two major cities in Indonesia, this study uses a survey method with questionnaires to collect data that measures respondents' perception and understanding of Islamic finance principles, such as profit-sharing and the prohibition of usury. Data analysis using SPSS shows that socialization and education of Islamic finance have a significant positive influence on the increase in public interest in using Islamic banking services, where more than 65% of respondents reported an increase in interest after participating in the socialization and education program. These findings indicate that effective education strategies are very important in communicating Islamic finance concepts in order to build public understanding and trust. The implication of this study is the need for Islamic banks and financial institutions to continue to strengthen Islamic financial socialization and education programs to expand public access to sharia-based financial services. This step not only supports the growth of the Islamic banking sector, but also strengthens sustainable financial inclusion in Indonesia.

Nomico.Vol. 1(8)
Universitas Islam Negeri Raden Intan Lampung (ID)
Reduced inequalities
Openalex Percentile: Top 19%
Islamic Finance and Banking Studies
0.95
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The Effect of Islamic Financial Socialization and Education on Public Interest in Using Islamic Banking Services — Helma Maraliza · Nomico. (2024) | TGRS Research Map | TGRS