MODERATING EFFECT OF PERSONALITY TRAITS ON THE INFLUENCE OF ISLAMIC FINANCIAL LITERACY ON THE IMPLEMENTATION OF ISLAMIC FINANCIAL PLANNING

Nadya Dwi Rahmanita, Kusnendi Kusnendi, Suci Aprilliani Utami

Abstract


Abstract. Islamic financial planning is a realization in applying maqashid sharia in terms of improving the welfare of an individual in relation to preserving faith, self, sense, posterity and wealth. This study aims to determine the effect of Islamic financial literacy reinforced by personality traits in the implementation of Islamic financial planning. This study uses purposive sampling - judgment sampling method with 138 respondents. This study also uses survey method with explanatory approach. The results of this study indicate that Islamic financial literacy has a significant predictor for Implementation of Islamic financial planning, after that conscientiousness and neuroticism have a significant effect on the relation of Islamic financial literacy with the implementation of Islamic financial planning, but other personality traits such as extroversion, agreeableness, and opennes to experience do not have significant effect on the relation of Islamic financial literacy with the implementation of Islamic financial planning. 

 

Keyword. Islamic financial planning, Islamic financial literacy, personality traits


Keywords


Islamic financial planning, Islamic financial literacy, personality traits

References


Brown, S., & Taylor, K. (2011). Household Finances and the ‘Big Five’ Personality Traits. Discussion Paper No.6191.

Furi, S. S.-M. (2016). Shahih Tafsir Ibnu Katsir Jilid 4. Jakarta: Pustaka Ibnu Katsir.

Lusardi, A., & Mitchell , O. (2011). Financial Literacy and Planning : Implication for Retirement Wellbeing. NBER Working Paper No. 17078.

Mahdzan, N. S., et al., (2017). The Influence of Financial Literacy, Risk Aversion and Expectations on Retirement Planning and Portfolio Allocation in Malaysia. Gadjah Mada International Journal of Business Vol. 19 (3), 267-288.

Mayfield, C. (2008). Investment management and personality type. Financial Services Review 17 , 219-236.

Mukhlisin, M., & Tamanni, L. (2013). Sakinah Finance . Solo: Tiga Serangkai.

Nga , J., & Yien, L. (2013). "The influence of personality trait and demographics on financial decision making among Generation Y. Young Consumers, Vol. 14 (3), 230-243.

NN. (2016). [Online]. 80% Eksekutif Terancam Miskin di Hari Tua. Diakses pada tanggal 15 Oktober 2017 di https://economy.okezone.com/

Otoritas Jasa Keuangan. (2014). Siaran Pers : OJK Bersama LJK Selenggarakan Pasar Keuangan Rakyat di JIEXPO Kemayoran. SP/53.DKNS/OJK/12/2014

Primadhyta, Safyra. (2017). [Online]. Hanya 12,6 Persen Masyarakat Indonesia Punya Perencanaan Keuangan. Diakses pada tanggal 28 November 2017 di https://www.cnnindonesia.com/

Remund, D. L. (2010). Financial Literacy Explicated: The Case for a Clearer Definition in an Increasingly Complex Economy. The Journal of Consumer Affairs, Vol 44 (2), 276-295.

Silvy, M., & Yulianti, N. (2013). Sikap Pengelola Keuangan dan Perilaku Perencanaan Investasi Keluarga di Surabaya. Journal of Business and Banking, Vol 3 (1), 57-68.

Sina, P. G. (2014). Tipe Kepribadian Dalam Personal Finance . Jurnal JIBEKA Volume 8 (1), 54-59.

Sobaya , S., et al.,. (2016). Pengaruh Literasi Keuangan dan Lingkungan Sosial terhadap Perencanaan Keuangan Pegawai di Universitas islam Indonesia Yogyakarta. Madania, Vol 20 (1), 115-128.




DOI: https://doi.org/10.17509/tjr.v3i1.26568

Refbacks

  • There are currently no refbacks.


 Creative Commons License

The International Journal Business Review (The Jobs Review) is licensed under a Creative Commons Attribution-ShareAlike 4.0

View My Stats