The Effect of Financial Literacy, Attitude, Subjective Norm, and Religiosity on Investment Intention in The Islamic Capital Market

Authors

  • Nur Fadhila Agustin Universitas Muhammadiyah Malang
  • Dewi Nurjannah Universitas Muhammadiyah Malang
  • Fika Fitriasari Universitas Muhammadiyah Malang

DOI:

https://doi.org/10.22219/jamanika.v3i03.29328

Keywords:

financial literacy, Attitude, subjective norms, Religiosity, investment intention

Abstract

The purpose of this study was to analyze the effect of financial literacy, attitudes, subjective norms, and religiosity on investment intentions in the Islamic capital market. The sample in this study was 100 active students of the Faculty of Economics and Business, Muhammadiyah University of Malang. The data was analyzed using multiple linear regression analysis using SPSS version 25. The results showed that financial literacy, attitudes, and religiosity have a positive and significant effect on investment intentions in the Islamic capital market and subjective norms have no significant effect on investment intentions in the Islamic capital market. The simultaneous tests show that all variables of financial literacy, attitudes, subjective norms, and religiosity simultaneously have a significant influence on investment intentions in the Islamic capital market.

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Published

2023-12-01

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