Corresponding Author

razindatasnim@unisiraj.edu.my

Publication Date

January 2025

Year

2025

Abstract

Financial literacy is a crucial life skill that enables individuals to manage resources responsibly and make informed economic decisions. In the context of secondary school students, early exposure to financial education provides a foundation for future financial stability and resilience. This study, Insights into Islamic (I to I) Financial Literacy Among Secondary School Students in Perlis, explores the level of awareness, understanding, and practice of financial literacy from an Islamic perspective. The research emphasizes core Islamic financial principles such as the balance between needs and wants, the significance of saving and investing through permissible means, and the prohibition of riba (usury). Employing a quantitative approach, data will be collected through surveys involving selected schools in Perlis. The findings are expected to highlight the students’ level of knowledge, attitudes, and behaviours toward Islamic financial practices, as well as the challenges they face in applying these principles in daily life. This study aims to provide valuable insights for educators, policymakers, and Islamic financial institutions to design effective educational interventions, ultimately fostering financially literate youth who are guided by Islamic values.

Keywords:

Islamic Financial Literacy, School students, riba, takaful

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I To I (Insights into Islamic) Financial Literacy Among Secondary School Students

Financial literacy is a crucial life skill that enables individuals to manage resources responsibly and make informed economic decisions. In the context of secondary school students, early exposure to financial education provides a foundation for future financial stability and resilience. This study, Insights into Islamic (I to I) Financial Literacy Among Secondary School Students in Perlis, explores the level of awareness, understanding, and practice of financial literacy from an Islamic perspective. The research emphasizes core Islamic financial principles such as the balance between needs and wants, the significance of saving and investing through permissible means, and the prohibition of riba (usury). Employing a quantitative approach, data will be collected through surveys involving selected schools in Perlis. The findings are expected to highlight the students’ level of knowledge, attitudes, and behaviours toward Islamic financial practices, as well as the challenges they face in applying these principles in daily life. This study aims to provide valuable insights for educators, policymakers, and Islamic financial institutions to design effective educational interventions, ultimately fostering financially literate youth who are guided by Islamic values.