Predicting University Students’ Intention to Enhance Islamic Financial Planning Skills
DOI:
https://doi.org/10.53840/ijiefer274Keywords:
Islamic Financial Literacy, Financial Planning Skills, Attitude, Subjective Norm, Perceived Behavioural Control, Malaysian UniversitiesAbstract
Purpose – This study examines students’ study behavior towards financial planning skills focusing on Islamic Financial Literacy (IFL). The study aims to identify the factors influencing Islamic financial literacy among students and determine how these factors contribute to improving financial decision-making and future financial planning.
Design/Methodology/Approach – This study employed a quantitative research approach using a simple random sampling technique. Data were collected through questionnaire distribution involving a total of 200 respondents. The predictor variables examined were attitude (ATT), subjective norm (SN), perceived behavioral control (PBC), and Islamic financial literacy (IFL).
Findings – The findings revealed a significant relationship between Islamic financial literacy (IFL) and all predictor variables examined in the study. The results indicate that improving Islamic financial education can positively influence students’ financial decision-making abilities and strengthen their financial planning behaviour for future financial stability.
Practical Implications – The study provides useful insights for policymakers, educators, and educational institutions in designing more effective financial literacy programmes aimed at strengthening Islamic financial literacy among Malaysian university students.
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