Enhancing Islamic Financial Literacy Among Highschoolers in Malaysia
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Keywords

Islamic Financial Literacy
Highschooler
Malaysia

How to Cite

Enhancing Islamic Financial Literacy Among Highschoolers in Malaysia. (2024). International Collaboration Conference on Islamic Economics, 2(1), 9-16. https://conference.apseii.id/index.php/ICCEIS/article/view/64

Abstract

Islamic financial literacy in particular, part of financial literacy, is crucial for adolescents facing a complex financial world, as studies show high school students globally have low financial knowledge. Targeted education is needed to improve understanding, with well-structured programs enhancing financial behaviors. Concerns about financial literacy in Malaysia are evident, with many high schoolers lacking knowledge, impacting future financial decisions. Global reports emphasize the significance of financial education to improve public literacy levels. Islamic financial literacy is crucial for Muslim youth, aligning with cultural principles. The purpose of the international engagement program is to enhance the Islamic Financial Literacy level of the highschoolers in Nilai, Malaysia. The method used is Community-Based Research (CBR), starting from problem identification, discussions with partners then offering solutions, socializing them followed by evaluation and ends with the report. The program accomplishment, measured by increased knowledge, community participation, and positive feedback, highlighting the increase of understanding on saving, investment, credits, financing, and Islamic Banking and the importance of ongoing financial education efforts.

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