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İslami Finansal Okuryazarlık ve Helal Okuryazarlık İlişkisi

Year 2019, Issue: 86, 57 - 73, 31.05.2019

Abstract

İslami finansal okuryazarlık, kapsayıcılığı artırmak için önemli bir araç olarak kabul edilmiştir. Ancak bugüne kadar, İslami finansal okuryazarlık için gerekli yapılar, her ne kadar literatürde böyle bir girişimde bulunulmuş olsa da, yeterince incelenmemiştir. Bu nedenle, İslami finansal okuryazarlık ve onun belirleyicileri için yapıları geliştirmek amaçlamaktadır. İslami finans ile doğrudan ilişkili olan helal iş kavramı sadece helal malzemeler ve üretim ile ilgili değildir. Helal ürün üretimine odaklanmanın yanı sıra, doğru Helal işletmecileri, İslami finansman olarak adlandırılan Helal finansmanı benimsemeye de odaklanmalıdır. Ancak öncesinde, iş kullanıcıları arasında Helal ve İslami finansmanın farkındalık, bilgi ve beceri düzeylerinin değerlendirilmesi gerekir. Bu çalışma, Helal Okuryazarlık ve İslami Finansal Okuryazarlığın, İslami finansın benimsenmesine yönelik helal ticaret üreticilerinin davranışlarına bir köprü oluşturmayı amaçlamaktadır. Bu nedenle Helal Okuryazarlık ve İslami Finansal Okuryazarlık için ölçüm ve geçerlilik yaklaşımını önermekte; özellikle Helal Okuryazarlık ve İslami Finansal Okuryazarlık için ölçüm maddelerinin önerilmesinde yeni teorik bilgilere katkıda bulunmaya çalışılmıştır. Bu çalışmanın, politika yapıcılığın tüketiciler arasında, özellikle de Helal ürün üreticisinin bakış açısından okuryazarlık düzeyini anlamalarına yardımcı olması beklenmektedir. Ayrıca bu makale, İslami finansal okuryazarlık düzeyini değerlendirmek için doğrulanmış bir yapı sunarak, topluluğun ve araştırmacıların İslami finansal okuryazarlık alanındaki bilgilerinin genişletmesini de sağlamaktadır.

References

  • Abdullah, M. (2014). Financial literacy: An exploratory review of the literature and future Research. Journal of Emerging Economies and Islamic Research, 2(3), 1–7.
  • Abdullah, M. A., & Chong, R., (2014). Financial literacy: An exploratory review of the literature and future Research. Journal of Emerging Economies and Islamic Research, 2(3).
  • Abdullah, M. A., Anderson, A., (2015). Islamic financial literacy among bankers in Kuala Lumpur. Journal of Emerging Economies and Islamic Research, 3(2).
  • Ahsan, M. H., (2013). Financial Literacy Research on Undergraduate Students in Malaysia: Current Literature and Research Opportunities. International Journal of Education and Research, 1(11).
  • Ajzen, M. (1985). From Intentions to Actions: A Theory of Planned Behavior. In J. Kuhl, & J. Beckmann, Action-control: From Cognition to Behavior (pp. 11-39). Springer-Verlag.
  • Albeerdy, M. I., & Gharleghi, B., (2015). Determinants of the financial literacy among college students in Malaysia. International Journal of Business Administration, 6(3), 15–24.
  • Al-Qaradawi, S. Y. (2001). The Lawful and the Prohibited in Islam (2nd ed.). Cairo: Al-Falah Foundation.
  • Ansong, A., & Gyensare, M. A., (2012). Determinants of university working-students’ financial literacy at the university of cape coast, Ghana. International Journal of Business and Management, 7(9), 126–133.
  • Azwadi Ali, Mohd, S. A. Rahman & Alif Bakar. (2013). Financial literacy and satisfaction in Malaysia: A pilot study. International Journal of Trade, Economics and Finance, 4, no. 5. https://doi.org/10.7763/ijtef, v4.309.
  • Bhabha, J. I., Khan, S., Qureshi, Q. A., Naeem, A, & Khan, I. (2014). Impact of financial literacy on saving-investment behavior of working women in the developing countries, Research Journal of Finance and Accounting, 13(5), 118–122.
  • Bley, J., & Kuehn, K., (2004). Conventional versus ıslamic finance: Student knowledge and perception in The United Arab Emirates, International Journal of Islamic Financial Services, 5(4), 17–30.
  • Churchill, G. A. (1979). A Paradigm for Developing Better Measures of Marketing Constructs, Journal of Marketing Research, 16, 64–73.
  • Ernst & Young, (2013). World Islamic Banking Competitiveness Report 2013-2014, The Transition Begins. Kingdom of Bahrain: Ernst & Young.
  • Finnie, & Meng. (2005). Literacy and Labour Market Outcomes: Self-assessment versus Test Score Measures, Applied Economic, 37, 1935–1951.
  • Fishbein, M. (2000). The Role of Theory in HIV Prevention, AIDS Care, 12, 273–278.
  • Fishbein, M. (2008). A Reasoned Action Approach to Health Promotion, Medical Decision Making, 28, 834–844.
  • Fishbein, M., & Yzer, M. C. (2003). Using theory to design effective health behavior ınterventions, Communication Theory, 13, 164–183.
  • Ford, M. W., Kent, D. W. (2010). Gender differences in student financial market attitudes and awareness: An exploratory study, Journal of Education for Business, 85(1).
  • Fraczek, B. & Klimontowicz, M. (2015). Financial literacy and its influence on young customers’ decision factors, Journal of Innovation Management, 1(3), 62–84.
  • Gerrard, P., & Cunningham, J. B. (1997). Islamic banking: A study in Singapore, International Journal of Bank Marketing, 15(6), 204–216.
  • Glaser, M., & Weber, M. (2007). Why ınexperienced ınvestors do not learn: They do not know their past portfolio performance, Finance Research Letter, 4(4), 203–216.
  • Hamid, A. H. A., & Nordin, N. A. M., (2001). A study on Islamic banking education experience and the strategy for the new millennium – a Malaysian evidence, International Journal of Islamic Financial Services, 2(4), 3–11.
  • Haron, S., Ahmad, N., & Planisek, S. L. (1994). Bank patronage factors of Muslim and nonMuslim customers, International Journal of Bank Marketing, 12(1), 32–40.
  • HDC. (2014). Halal Certified Statistic. Retrieved from http://www.hdcglobal.com/publisher/gwm_industry_statistics
  • Hung, A., Parker, A. M., & Yoong, J. (2009). Defining and measuring financial literacy, WR-708, September, Rand: Labor and Population.
  • Huston, S. J. (2010). Measuring financial literacy, Journal of Consumer Affairs, 44 (2), 296–316.
  • Ishak, F. I., & Man, Y. C. (2011). Halal Economy: Proof from Al-Quran and As-Sunnah and Demands to Utilize it in Parallel, International Islamic Banking, Finance and Investment Conference.
  • Lusardi, A. (2008). Financial Literacy: An Essential Tool for Informed Consumer Choice?, Working Paper, Dartmouth College, https://doi.org/10.3386/w14084.
  • Lusardi, A. & Mitchell, O. S. (2013). The Economic Importance of Financial Literacy, NBER Working Paper, no. 18952, https://doi.org/10.3386/w18952.
  • Muhamed, N. I., Ramli, N. M., Abd Aziz, S., & Yaakub, N. A. (2014). Integrating Islamic financing and halal ındustry: A survey on current practices of the selected Malaysia authority bodies, Asian Social Science, 10(17), 120–126.
  • OECD (2012). Measuring financial literacy: questionnaire and guidance notes for conducting an internationally comparable survey of financial literacy, OECD Publishing, Paris.
  • Rogers, E. M. (2003). Diffusion of Innovations (5th ed.). New York: Free Press.
  • Salehudin, I. (2010). Halal literacy: A concept exploration and measurement validation. Asean Marketing Journal, 11(1), 1–12.
  • Salehudin, I., & Luthfi, B. A. (2011). Marketing ımpact of halal labeling toward Indonesian Muslim consumer’s behavioral intention based on Ajzen’s planned behavior theory: Policy capturing studies on five different product categories, Asean Marketing Journal, 3(1), 35–44.
  • Shaari, N.A., Hasan, N.A., Mohamed, R. K. M. H., & Sabri, M. A. J. M., (2013). Financial literacy: A study among the university students. Interdisciplinary Journal of Contemporary Research in Business, 5(2), 279–299.
  • Xiao, J. J., Ahn, S. Y., Serido, J., & Shim, S. (2014). Earlier financial literacy and later financial behaviour of college students, International Journal of Consumer Studies, 38(6), 593–601.

Relationship Between Islamic Financial Literacy and Halal Literacy

Year 2019, Issue: 86, 57 - 73, 31.05.2019

Abstract

Islamic financial literacy has been recognized as an important tool to increase inclusiveness. However, to date, structures for Islamic financial literacy have not been sufficiently studied, although such an attempt has been made in the literature. Therefore, it aims to develop structures for Islamic financial literacy and its determinants. Halal business is not just about halal ingredients and production. Besides focusing on halal production, the right Halal business operators should also concentrate on adopting Halal financing that is called Islamic financing. However, the assessment of the level of awareness, knowledge and skills of Halal and Islamic financing among business operators should be prepared. However, prior to assessing the awareness, knowledge and skill levels of Halal and Islamic finance among business users should be prepared. This paper aims to bridge the Halal Literacy and Islamic Financial Literacy on the attitude of Halal business producers towards Islamic financing adoption. This study proposes the measurement and validity approach for Halal Literacy and Islamic Financial Literacy. Halal Literacy and Islamic Financial Literacy are two crucial concepts where it can lead to the behavior of person towards its decisions especially in adopting Islamic financing. This study is attempted to contribute towards new theoretical knowledge especially in proposing the measurement items for Halal Literacy and Islamic Financial Literacy. This study also expected to help the policymaker to understand the level of literacy among consumers, especially from Halal business producer’s perspective. In addition, this article provides a validated framework for assessing the level of Islamic financial literacy, which also enables the community and researchers to expand their knowledge of Islamic financial literacy.

References

  • Abdullah, M. (2014). Financial literacy: An exploratory review of the literature and future Research. Journal of Emerging Economies and Islamic Research, 2(3), 1–7.
  • Abdullah, M. A., & Chong, R., (2014). Financial literacy: An exploratory review of the literature and future Research. Journal of Emerging Economies and Islamic Research, 2(3).
  • Abdullah, M. A., Anderson, A., (2015). Islamic financial literacy among bankers in Kuala Lumpur. Journal of Emerging Economies and Islamic Research, 3(2).
  • Ahsan, M. H., (2013). Financial Literacy Research on Undergraduate Students in Malaysia: Current Literature and Research Opportunities. International Journal of Education and Research, 1(11).
  • Ajzen, M. (1985). From Intentions to Actions: A Theory of Planned Behavior. In J. Kuhl, & J. Beckmann, Action-control: From Cognition to Behavior (pp. 11-39). Springer-Verlag.
  • Albeerdy, M. I., & Gharleghi, B., (2015). Determinants of the financial literacy among college students in Malaysia. International Journal of Business Administration, 6(3), 15–24.
  • Al-Qaradawi, S. Y. (2001). The Lawful and the Prohibited in Islam (2nd ed.). Cairo: Al-Falah Foundation.
  • Ansong, A., & Gyensare, M. A., (2012). Determinants of university working-students’ financial literacy at the university of cape coast, Ghana. International Journal of Business and Management, 7(9), 126–133.
  • Azwadi Ali, Mohd, S. A. Rahman & Alif Bakar. (2013). Financial literacy and satisfaction in Malaysia: A pilot study. International Journal of Trade, Economics and Finance, 4, no. 5. https://doi.org/10.7763/ijtef, v4.309.
  • Bhabha, J. I., Khan, S., Qureshi, Q. A., Naeem, A, & Khan, I. (2014). Impact of financial literacy on saving-investment behavior of working women in the developing countries, Research Journal of Finance and Accounting, 13(5), 118–122.
  • Bley, J., & Kuehn, K., (2004). Conventional versus ıslamic finance: Student knowledge and perception in The United Arab Emirates, International Journal of Islamic Financial Services, 5(4), 17–30.
  • Churchill, G. A. (1979). A Paradigm for Developing Better Measures of Marketing Constructs, Journal of Marketing Research, 16, 64–73.
  • Ernst & Young, (2013). World Islamic Banking Competitiveness Report 2013-2014, The Transition Begins. Kingdom of Bahrain: Ernst & Young.
  • Finnie, & Meng. (2005). Literacy and Labour Market Outcomes: Self-assessment versus Test Score Measures, Applied Economic, 37, 1935–1951.
  • Fishbein, M. (2000). The Role of Theory in HIV Prevention, AIDS Care, 12, 273–278.
  • Fishbein, M. (2008). A Reasoned Action Approach to Health Promotion, Medical Decision Making, 28, 834–844.
  • Fishbein, M., & Yzer, M. C. (2003). Using theory to design effective health behavior ınterventions, Communication Theory, 13, 164–183.
  • Ford, M. W., Kent, D. W. (2010). Gender differences in student financial market attitudes and awareness: An exploratory study, Journal of Education for Business, 85(1).
  • Fraczek, B. & Klimontowicz, M. (2015). Financial literacy and its influence on young customers’ decision factors, Journal of Innovation Management, 1(3), 62–84.
  • Gerrard, P., & Cunningham, J. B. (1997). Islamic banking: A study in Singapore, International Journal of Bank Marketing, 15(6), 204–216.
  • Glaser, M., & Weber, M. (2007). Why ınexperienced ınvestors do not learn: They do not know their past portfolio performance, Finance Research Letter, 4(4), 203–216.
  • Hamid, A. H. A., & Nordin, N. A. M., (2001). A study on Islamic banking education experience and the strategy for the new millennium – a Malaysian evidence, International Journal of Islamic Financial Services, 2(4), 3–11.
  • Haron, S., Ahmad, N., & Planisek, S. L. (1994). Bank patronage factors of Muslim and nonMuslim customers, International Journal of Bank Marketing, 12(1), 32–40.
  • HDC. (2014). Halal Certified Statistic. Retrieved from http://www.hdcglobal.com/publisher/gwm_industry_statistics
  • Hung, A., Parker, A. M., & Yoong, J. (2009). Defining and measuring financial literacy, WR-708, September, Rand: Labor and Population.
  • Huston, S. J. (2010). Measuring financial literacy, Journal of Consumer Affairs, 44 (2), 296–316.
  • Ishak, F. I., & Man, Y. C. (2011). Halal Economy: Proof from Al-Quran and As-Sunnah and Demands to Utilize it in Parallel, International Islamic Banking, Finance and Investment Conference.
  • Lusardi, A. (2008). Financial Literacy: An Essential Tool for Informed Consumer Choice?, Working Paper, Dartmouth College, https://doi.org/10.3386/w14084.
  • Lusardi, A. & Mitchell, O. S. (2013). The Economic Importance of Financial Literacy, NBER Working Paper, no. 18952, https://doi.org/10.3386/w18952.
  • Muhamed, N. I., Ramli, N. M., Abd Aziz, S., & Yaakub, N. A. (2014). Integrating Islamic financing and halal ındustry: A survey on current practices of the selected Malaysia authority bodies, Asian Social Science, 10(17), 120–126.
  • OECD (2012). Measuring financial literacy: questionnaire and guidance notes for conducting an internationally comparable survey of financial literacy, OECD Publishing, Paris.
  • Rogers, E. M. (2003). Diffusion of Innovations (5th ed.). New York: Free Press.
  • Salehudin, I. (2010). Halal literacy: A concept exploration and measurement validation. Asean Marketing Journal, 11(1), 1–12.
  • Salehudin, I., & Luthfi, B. A. (2011). Marketing ımpact of halal labeling toward Indonesian Muslim consumer’s behavioral intention based on Ajzen’s planned behavior theory: Policy capturing studies on five different product categories, Asean Marketing Journal, 3(1), 35–44.
  • Shaari, N.A., Hasan, N.A., Mohamed, R. K. M. H., & Sabri, M. A. J. M., (2013). Financial literacy: A study among the university students. Interdisciplinary Journal of Contemporary Research in Business, 5(2), 279–299.
  • Xiao, J. J., Ahn, S. Y., Serido, J., & Shim, S. (2014). Earlier financial literacy and later financial behaviour of college students, International Journal of Consumer Studies, 38(6), 593–601.
There are 36 citations in total.

Details

Primary Language Turkish
Journal Section Articles
Authors

Sema Taşpunar Altunbaş

Publication Date May 31, 2019
Submission Date December 20, 2018
Published in Issue Year 2019 Issue: 86

Cite

APA Taşpunar Altunbaş, S. (2019). İslami Finansal Okuryazarlık ve Helal Okuryazarlık İlişkisi. Istanbul Management Journal(86), 57-73.
AMA Taşpunar Altunbaş S. İslami Finansal Okuryazarlık ve Helal Okuryazarlık İlişkisi. Istanbul Management Journal. May 2019;(86):57-73.
Chicago Taşpunar Altunbaş, Sema. “İslami Finansal Okuryazarlık Ve Helal Okuryazarlık İlişkisi”. Istanbul Management Journal, no. 86 (May 2019): 57-73.
EndNote Taşpunar Altunbaş S (May 1, 2019) İslami Finansal Okuryazarlık ve Helal Okuryazarlık İlişkisi. Istanbul Management Journal 86 57–73.
IEEE S. Taşpunar Altunbaş, “İslami Finansal Okuryazarlık ve Helal Okuryazarlık İlişkisi”, Istanbul Management Journal, no. 86, pp. 57–73, May 2019.
ISNAD Taşpunar Altunbaş, Sema. “İslami Finansal Okuryazarlık Ve Helal Okuryazarlık İlişkisi”. Istanbul Management Journal 86 (May 2019), 57-73.
JAMA Taşpunar Altunbaş S. İslami Finansal Okuryazarlık ve Helal Okuryazarlık İlişkisi. Istanbul Management Journal. 2019;:57–73.
MLA Taşpunar Altunbaş, Sema. “İslami Finansal Okuryazarlık Ve Helal Okuryazarlık İlişkisi”. Istanbul Management Journal, no. 86, 2019, pp. 57-73.
Vancouver Taşpunar Altunbaş S. İslami Finansal Okuryazarlık ve Helal Okuryazarlık İlişkisi. Istanbul Management Journal. 2019(86):57-73.