Financial prudence through financial education: A conceptual framework for financial inclusion
This paper aims to develop a framework to improve financial prudence through financial education and financial inclusion for low-income households in Indonesia. Knowledge shapes attitude, which later influences behavior. A household, in terms of its social production function, needs to feel secure f...
| Main Authors: | , |
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| Format: | Article |
| Language: | English English |
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King Abdulaziz University Scientific Publishing Center
2018
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/64538/ http://irep.iium.edu.my/64538/1/64538_Financial%20Prudence%20through%20Financial%20Education_article.pdf http://irep.iium.edu.my/64538/2/64538_Financial%20Prudence%20through%20Financial%20Education_scopus.pdf |
| _version_ | 1848786235291598848 |
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| author | Arsyianti, Laily Dwi Kassim, Salina |
| author_facet | Arsyianti, Laily Dwi Kassim, Salina |
| author_sort | Arsyianti, Laily Dwi |
| building | IIUM Repository |
| collection | Online Access |
| description | This paper aims to develop a framework to improve financial prudence through financial education and financial inclusion for low-income households in Indonesia. Knowledge shapes attitude, which later influences behavior. A household, in terms of its social production function, needs to feel secure financially in order not to fall into insolvency or bankruptcy. Households that are equipped with better financial education and knowledge are more likely to undertake recommended financial behaviors. By targeting the low-income group through a financial inclusion agenda, the government, Islamic social finance practitioners, and academicians enable low-income households to act with financial prudence. |
| first_indexed | 2025-11-14T17:05:49Z |
| format | Article |
| id | iium-64538 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English English |
| last_indexed | 2025-11-14T17:05:49Z |
| publishDate | 2018 |
| publisher | King Abdulaziz University Scientific Publishing Center |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | iium-645382018-08-28T08:16:23Z http://irep.iium.edu.my/64538/ Financial prudence through financial education: A conceptual framework for financial inclusion Arsyianti, Laily Dwi Kassim, Salina HG Finance HG3368 Islamic Banking and Finance HG4001 Financial management. Business finance. Corporation finance. This paper aims to develop a framework to improve financial prudence through financial education and financial inclusion for low-income households in Indonesia. Knowledge shapes attitude, which later influences behavior. A household, in terms of its social production function, needs to feel secure financially in order not to fall into insolvency or bankruptcy. Households that are equipped with better financial education and knowledge are more likely to undertake recommended financial behaviors. By targeting the low-income group through a financial inclusion agenda, the government, Islamic social finance practitioners, and academicians enable low-income households to act with financial prudence. King Abdulaziz University Scientific Publishing Center 2018-01-01 Article PeerReviewed application/pdf en http://irep.iium.edu.my/64538/1/64538_Financial%20Prudence%20through%20Financial%20Education_article.pdf application/pdf en http://irep.iium.edu.my/64538/2/64538_Financial%20Prudence%20through%20Financial%20Education_scopus.pdf Arsyianti, Laily Dwi and Kassim, Salina (2018) Financial prudence through financial education: A conceptual framework for financial inclusion. Journal of King Abdulaziz University, Islamic Economics, 31 (1). pp. 151-166. ISSN 7383-1018 E-ISSN 1658-4244 https://iei.kau.edu.sa/Files/121/Files/153869_31-01-10-LailyDwi-1.pdf 10.4197/Islec.31-1.10 |
| spellingShingle | HG Finance HG3368 Islamic Banking and Finance HG4001 Financial management. Business finance. Corporation finance. Arsyianti, Laily Dwi Kassim, Salina Financial prudence through financial education: A conceptual framework for financial inclusion |
| title | Financial prudence through financial education: A conceptual framework for financial inclusion |
| title_full | Financial prudence through financial education: A conceptual framework for financial inclusion |
| title_fullStr | Financial prudence through financial education: A conceptual framework for financial inclusion |
| title_full_unstemmed | Financial prudence through financial education: A conceptual framework for financial inclusion |
| title_short | Financial prudence through financial education: A conceptual framework for financial inclusion |
| title_sort | financial prudence through financial education: a conceptual framework for financial inclusion |
| topic | HG Finance HG3368 Islamic Banking and Finance HG4001 Financial management. Business finance. Corporation finance. |
| url | http://irep.iium.edu.my/64538/ http://irep.iium.edu.my/64538/ http://irep.iium.edu.my/64538/ http://irep.iium.edu.my/64538/1/64538_Financial%20Prudence%20through%20Financial%20Education_article.pdf http://irep.iium.edu.my/64538/2/64538_Financial%20Prudence%20through%20Financial%20Education_scopus.pdf |