The Importance of Designing Islamic Financial Education M-Learning Based in Increasing Islamic Financial Literacy Larisa Yohanna (a*), Endang Sondari (b), Syahid (b)
(a) Universitas Indraprasta PGRI
*larisayohanna[at]gmail.com
(b) Universitas Indraprasta PGRI
Abstract
MSMEs must enhance their financial management skills by adhering to Islamic principles. Despite being predominantly Muslim, Indonesian MSEs (Micro and Small Enterprises) flocks to RIBA and ultimately cannot sustain their business. This study aimed to determine the Islamic financial literacy of MSEs, attitudes toward Islamic financial institutions, how important Islamic financial education is, and the needs for further analysis to design m-learning-based Islamic Financial Education. This study used a descriptive qualitative. Observation, questionnaires, and interviews were employed to ascertain Islamic financial literacy, the necessity for Islamic Finance Education, and the reasons for its development. Then, conducted a literature review to identify an effective m-learning design for financial education. A cluster random sampling of 200 MSEs from 5 cities revealed the following: 1) 41,5 % of participants are less literate- 2) 69% have a neutral perception of Islamic financial institutions- 3) 41% accept Islamic financial education to be important- and 4) the top five demands for MSE learning are learning about marketing strategies, RIBA threats, experiences of other entrepreneurs, diagnosing business risks, and how to manage finances effectively. As a result, these insights can help to design further Islamic Finance Education based on Knowledge Management. To the author^s knowledge, no research concentrates more on developing m-learning Islamic finance education that meets of the MSEs^ needs.
