Determinant factors of awareness on Islamic financial planning among students

Abstract

The aim of this study is to assess the relationship between Universiti Utara Malaysia- College Of Business (UUM-COB) postgraduate students' and awareness of Islamic financial planning (IFP). Thus, the purpose of this study is to investigate the relationship between UUM-COB postgraduate students religiosity, social influence, financial satisfaction, attitude, and awareness of IFP. The findings indicated a positive relationship between religiosity, social influence and attitude with IFP. The independent variables were suitable to test the dependent variable while, financial satisfaction showed an insignificant relationship with the dependent variable. This study was conducted among UUM-COB postgraduate students for several reasons; firstly to create awareness of IFP among postgraduate students by distributing questionnaire and spreading information and secondly, the research will contribute interms of practical implications help academicians and financial planners to validate the framework of this study that have impact on the financial planning especially Islamic financial planning. And it would provide a knowledge to fellow Muslims and lastly it would influence Malaysian government and other Muslim countries to be alert the need of IF

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