Sharia financial literacy is an awareness and expertise to manage finances in accordance with Islamic values that focus on the goal of justice and blessing . for students, this knowledge provides them with provisions in managing finances wisely and in accordance with isyalm Sharia law which in time can improve financial well-being in the future
In an era of technological growth and the spread of increasingly measif theory membrikan keterhubunga denen many financial instruments, as students we diarushakn to be able to manage finances degnan as possible, in order to avoid adverse things like ribam and speculais prohibited dalma islam, Sharia literacy gives them the skills to plan yagn sustainable personal finance in addition to financial literacy prepared students to achieve a more stable and prosperous future dengen the rapid berkembagn
Types Of Islamic Financial Products
Islamic finance includes various products designed to circumvent the elements prohibited in IsIam, such as usury, gharar (obscurity), and maysir (gambling). Some forms of Sharia financial products that can be accessed by students include:
Islamic savings account: provides savings services that begas from usury, with principles for hasiI.
Sharia financing: financing products that are in accordance with Islamic law, such as Murabaha financing (selling beIi) or Musharakah (for hasiI).
Sharia insurance: asutansi system based on prinsjp saIing memantu without speciasi elements.
Sharia investment: investment products that are in accordance with Sharia principles, such as Sharia shares and Sharia mutual funds.
the thing that differentiates between Sharia and conventional finance lies in the basis used in conventional finance riba is a common thing that underlies the profits of one company, but there is Sharia finance the concept is replaced with the concept of profit sharing, the elimination of speculators and tyranny elements that we often encounter in conventional finance
students as prospective students need to improve their understanding of Islamic finance, with formal education they live in higher education needs integration with syriah financial materials according to the curriculum, in addition to increasing student understanding of Sharia finance can be conducted by conducting seminars, training and internship programs at Sharia finance institutions to provide direct experience for students in addition to social media eudication campaigns and various online forms can increase awareness among students Islamic Financial Literacy Support Institution
Several institutions and organizations in Indonesia play an important role in supporting the development of Sharia Financial Literacy. Among them are:
National Committee for Sharia Finance (KNKS): this institution is unfuk berfugas formulate policies Pengemangankeuangan Sharia in Indonesia and improve the inclusion and Iiteration of Sharia finance in the community.
Asosiasi Bank Syariah Indonesia( ASBISINDO): ASBISINDO plays a role in fighting for the development of the Islamic banking industry and providing education and information to the public about Islamic finance.
Otoritas Jasa Keuangan( OJK): OJK has a very important role in overseeing and regulating the financial sector in Indonesia, including the Sharia financial sector, and supporting financial literacy programs at all levels of society.
some challenges to eliminate the ambiguity of Sharia financial challenges among students include lack of understanding, negative perception of Sharia financial risks, and limited access to accurate information, to overcome this, it is important to carry out education campaigns continuously by improving the structure of the education curriculum by expanding access to Sharia financial information
Improving syarjah financial literacy also opens up excellent career opportunities for students who have the opportunity to work in the field of Islamic finance. Some professions that require high Sharia Financial Literacy include:
Sharia financial planner: field work berfugas provide salan and financial planning for individuals or companies based on sharia principles.
Syariah auditors: perform audits and oversight of Syariah-based financial practices in financial institutions.
Islamic accountants: accountants who work with Islamic accounting standards to ensure financial statements are in accordance with Islamic principles.
Sharia Financial Analyst: professional who analyzes the financial condition of institutions or companies to determine if their investments and transactions are in accordance with Sharia.
some forms of employment above membutuhakna a deep understanding of the principles of keilsaman principles are also applied to the field of finance we as students need to have a broad understanding of the uniqueness of the Shariah well and contribute to the perkembagnan Islamic finance industry