Ikonomika : Jurnal Ekonomi dan Bisnis Islam
Vol 6, No 1 (2021)

Relationship Between Islamic Financial Literacy, Islamic Financial Inclusion and Business Performance : Evidence from Culinary Cluster of Creative Economy

Trianto, Budi (Unknown)
Barus, Elida elfi (Unknown)
Sabiu, Tasiu Tijjani (Unknown)



Article Info

Publish Date
19 May 2021

Abstract

The culinary cluster of creative economy in Indonesia has a strong appeal to business actors, so that business growth in the culinary cluster is always above other clusters. But unfortunately, the level of Islamic financial literacy and Islamic financial inclusiveness has not been created properly in this cluster. This study aims to see the relationship between Islamic financial literacy, Islamic financial inclusion and business growth in the culinary cluster of creative economy. The sample in this study was 62 business actors in the culinary cluster. To see this relationship, data were analyzed using the SEM-GeSCA approach. The results of this study indicate that Islamic financial literacy has a positive and significant impact on Islamic financial inclusion and business growth. Other research results also show a positive and significant impact relationship between Islamic financial inclusion and business growth. This result implies that business actors in the culinary cluster must continue to improve Islamic financial literacy and Islamic financial inclusion so that sustainable growth of their business can be created.

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Journal Info

Abbrev

IKONOMIKA

Publisher

Subject

Economics, Econometrics & Finance

Description

IKONOMIKA: focused on primary studies: Islamic management, Islamic finance, Islamic Accounting, Islamic banks, and halal markets, has initiated the development of global economic advantages. Islamic based economics could not be seen as independent variable standing on side-by-side with conventional ...