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Measuring Islamic Financial Literacy

Author

Listed:
  • McGregor Sue L. T.

    (PhD, IPHE, Professor Emerita, Mount Saint Vincent University, Faculty of Education, 166 Bedford Highway Halifax Nova Scotia Canada B3M 2J6)

  • Hamdan Alghamdi Amani K.

    (PhD Professor, Department of Curriculum and instruction, College of Education, Imam Abdulrahman Bin Faisal University, Dammam, Saudi Arabia 34212)

Abstract

Islamic financial literacy (IFL) concerns Muslims’ ability to manage their money while respecting Islamic law and ensuring Shariah compliance. IFL is a pressing concern in Muslim-majority countries where conventional financial literacy rates tend to be very low (

Suggested Citation

  • McGregor Sue L. T. & Hamdan Alghamdi Amani K., 2024. "Measuring Islamic Financial Literacy," Financial Planning Research Journal, Sciendo, vol. 10(1), pages 1-19.
    • Handle: RePEc:vrs:finprj:v:10:y:2024:i:1:p:19:n:1003
    DOI: 10.2478/fprj-2024-0003
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    References listed on IDEAS

    as
    1. Hyesun Hwang & Hyung In Park, 2023. "The relationships of financial literacy with both financial behavior and financial well‐being: Meta‐analyses based on the selective literature review," Journal of Consumer Affairs, Wiley Blackwell, vol. 57(1), pages 222-244, January.
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    3. Vera Intanie Dewi, 2022. "How do demographic and socioeconomic factors affect financial literacy and its variables?," Cogent Business & Management, Taylor & Francis Journals, vol. 9(1), pages 2077640-207, December.
    4. Angela C. Lyons & Josephine Kass-Hanna, 2021. "Financial Inclusion, Financial Literacy and Economically Vulnerable Populations in the Middle East and North Africa," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 57(9), pages 2699-2738, July.
    5. Mohamed Albaity & Mahfuzur Rahman, 2019. "The intention to use Islamic banking: an exploratory study to measure Islamic financial literacy," International Journal of Emerging Markets, Emerald Group Publishing Limited, vol. 14(5), pages 988-1012, August.
    6. Umer Mushtaq Lone & Suhail Ahmad Bhat, 2024. "Impact of financial literacy on financial well-being: a mediational role of financial self-efficacy," Journal of Financial Services Marketing, Palgrave Macmillan, vol. 29(1), pages 122-137, March.
    7. Yusuf Dinc & Mehmet Çetin & Rashed Jahangir, 2023. "Revisiting the concept of Islamic financial literacy in a boundaryless context: cross-country comparison of Islamic financial literacy," Journal of Islamic Accounting and Business Research, Emerald Group Publishing Limited, vol. 14(8), pages 1364-1382, February.
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