The Effect of Public Awareness on the Islamic Financial Industry’s Development

E. Ernawati, Rosnawintang Rosnawintang, Ambo Wonua Nusantara
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引用次数: 1

Abstract

The development of Islamic finance is not related to the size of the Muslim population as a potential demand. Awareness is a crucial factor in the demand for Islamic banking services. This research investigates the effects of knowledge, regulation, and public awareness on Islamic finance development. This study considers awareness as the mediator variable of knowledge and regulation in supporting Islamic finance development. The study used secondary data published by ICD and Refinitiv, with data from 2013-2019 from 62 countries. Data were analyzed using panel data path regression. The research findings show that knowledge, regulation, and awareness significantly affect the development of the financial industry. The importance of awareness in promoting the Islamic financial industry is indicated by the positive and significant value of awareness as a mediator of knowledge and regulation. This study recommends the synergy between the government and Islamic financial education institutions in strengthening public awareness in encouraging the development of the Islamic finance industry through disseminating research results and government policies.How to Cite:Ernawati., Rosnawintang., & Nusantara, A. W. (2022). The Effect of Public Awareness on the Islamic Financial Industry’s Development. Signifikan: Jurnal Ilmu Ekonomi, 11(2), 399-414. https://doi.org/10.15408/sjie.v11i2.25816.JEL Classification: D83, G18, G41
公众意识对伊斯兰金融产业发展的影响
伊斯兰金融的发展与作为潜在需求的穆斯林人口的规模无关。意识是对伊斯兰银行服务需求的一个关键因素。本研究调查了知识、监管和公众意识对伊斯兰金融发展的影响。本研究将意识作为知识与监管支持伊斯兰金融发展的中介变量。该研究使用了ICD和Refinitiv发布的二手数据,其中包括2013-2019年来自62个国家的数据。数据分析采用面板数据路径回归。研究结果表明,知识、监管和意识对金融业的发展有显著影响。意识在促进伊斯兰金融行业中的重要性表明,意识作为知识和监管的中介具有积极和显著的价值。本研究建议政府与伊斯兰金融教育机构协同合作,通过传播研究成果和政府政策,加强公众意识,鼓励伊斯兰金融产业的发展。如何引用:Ernawati。, Rosnawintang。Nusantara, A. W.(2022)。公众意识对伊斯兰金融产业发展的影响。意义[j] .经济研究,11(2),399-414。https://doi.org/10.15408/sjie.v11i2.25816.JEL分类:D83, G18, G41
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