The Role of Halal Lifestyle on Investment Decisions – Case Study on Students in the Management Study Program, Universitas Cokroaminoto

  • Mifta Fitriyana Universitas Cokroaminoto, Yogyakarta, Indonesia
  • Retno Kurnianingsih Universitas Cokroaminoto, Yogyakarta, Indonesia
Keywords: Halal Lifestyle, Investment Decisions, Sharia Financial Literacy, Financial Behavior

Abstract

The role of a halal lifestyle is a form of personal awareness in implementing practices following Islamic teachings. This is related to a person's lifestyle in making an investment decision. The purpose of this study is to see how the role of an investor's halal lifestyle in their investment decisions, seen from Islamic financial literacy, and also their financial behavior. This study examines an investor, a student at Cokroaminoto University, who invests in the stock market. This study employs a qualitative approach, utilizing a case study design. The findings of this study indicate that the role of a halal lifestyle, as reflected in Islamic financial literacy and the financial behavior of investors, can influence the decisions made in their investments.

Downloads

Download data is not yet available.

References

Adnyana, I. M. (2020). Manajemen Investasi Dan Portofolio. LPU-UNAS.

Afifuddin, M., Ariqi, A., Sunan, U., & Surabaya, A. (2022). Pengaruh Gaya Hidup Halal Terhadap Pertumbuhan Ekonomi Indonesia (Vol. 2, Issue 2).

Darojatun, R. (2018). Studi Tentang Muslim Kelas Menengah (Vol. 19, Issue 2). https://www.kompasiana.com/www.inatanaya.com/5a4b658af133442d861788a2/harmoni-gaya-hidup-

Dewi, M. N., & Samuel, H. (2015). 134538-ID-pengaruh-gaya-hidup-lifestyle-harga-prom. Jurnal Manajemen Pemasaran Petra, Vol. 3, No. 1.

Fadillah, A. N., & Lubis, D. (2024). The Influence of Islamic Financial Literacy, Islamic Financial Inclusion, and Financial Behavior on the Investment Decisions of Generation Z in West Java. Falah: Jurnal Ekonomi Syariah, 9(1), 01–16. https://doi.org/10.22219/jes.v9i1.29286

Fitriasuri, & Rahayu. (2022). Pengaruh pengetahuan investasi, manfaat motivasi, dan modal minimal investasi terhadap keputusan investasi di Pasar Modal. https://doi.org/10.33395/owner.v6i4.11186

Hamza, N. (2019). Impact of Financial Literacy on Investment Decisions: The Mediating Effect of Big-Five Personality Traits Model. https://www.researchgate.net/publication/333965615

Kurniawan, M. Z. (2020). Analisis Keputusan Investasi, Keputusan Pendanaan, Dan Kebijakan Dividen Terhadap Nilai Perusahaan Indeks Lq-45. Ekonika : Jurnal Ekonomi Universitas Kadiri, 5(1), 113. https://doi.org/10.30737/ekonika.v5i1.847

Mulyana, R. A. (2024). Geliat Gaya Hidup Halal Global: Peluang Dan Tantangan (Vol. 4, Issue 1).

Nababan, D., & Sadalia, D. I. (2012). Mahasiswa Strata I Fakultas Ekonomi Universitas Sumatera Utara. www.mas.gov.sg

Otoritas Jasa Keuangan. (2016). Undang - Undang OJK. Peraturan Otoritas Jasa Keuangan, 53(9), 1689–1699. https://www.ojk.go.id/id/kanal/edukasi-dan-perlindungan-konsumen/regulasi/peraturan-ojk/Documents/Pages/POJK-tentang-Peningkatan-Literasi-dan-Inklusi-Keuangan-di-Sektor-Jasa-Keuangan-Bagi-Konsumen-dan-atau-masyarakat/SAL - POJK Literasi dan Inklusi Keuang

Potrich, A. C. G., Vieira, K. M., & Mendes-Da-Silva, W. (2016). Development of a financial literacy model for university students. Management Research Review, 39(3), 356–376. https://doi.org/10.1108/MRR-06-2014-0143

Pranyoto, E., Siregar, N. Y., & Depiana. (2018). Keputusan Investasi Masyarakat Di Pasar Modal. Jurnal Bisnis Darmajaya, 04(01), 45–67. https://jurnal.darmajaya.ac.id/index.php/JurnalBisnis/article/view/1326%0Ahttps://jurnal.darmajaya.ac.id/index.php/JurnalBisnis/article/download/1326/832

Putri Ramadhani, A., Afifah Septyasari, I., Nur Hasannah, F., & Kustiawati, D. (2022). Investasi ditinjau dari Perspektif Ekonomi dan Ekonomi Islam. Jurnal Indonesia Sosial Sains, 3(12), 1579–1589. https://doi.org/10.36418/jiss.v3i12.746

Rahim, S. H. A., Rashid, R. A., & Hamed, A. B. (2016). Islamic financial literacy and its determinants among university students: An exploratory factor analysis. International Journal of Economics and Financial Issues, 6(7Special Issue), 32–35.

Rahman, F., & Arsyinati, L. D. (2021). Islamic Financial Literacy and Its Influence on Student Financial Investment and Behavior. Al-Iqtishad: Jurnal Ilmu Ekonomi Syariah, 13(2), 289–312. https://doi.org/10.15408/aiq.v13i2.22005

Ramadhani, R. A., Fitriaty, & Lubis, T. A. (2022). 19765-Article Text-71735-1-10-20230510. Jurnal Dinamika Manajemen Vol.10. No.4, Vol.10. No.4.

Sholekhah, I., & Guntoro, D. W. (2023). Panduan Pengukuran Halal Lifestyle: Pedoman Literasi Keuangan Syariah dan Literasi Halal. Neraca: Jurnal Pendidikan Ekonomi, 8(2), 1–11. https://doi.org/10.33084/neraca.v8i2.5078

Tabe, R., & Anggrayni, L. (2023). Analysis of Accounting Information on Investment Decision Making at PT. MNC Securities Manado. https://journal.unismuh.ac.id/index.php/jeb

Xiao Jian, J., Shim, S., Barber, B., & Lyons, A. (2007). Academic success and well-being of college students: Financial behaviors matter. https://www.researchgate.net/publication/340566174

Published
2025-04-12
How to Cite
Fitriyana, M., & Kurnianingsih, R. (2025). The Role of Halal Lifestyle on Investment Decisions – Case Study on Students in the Management Study Program, Universitas Cokroaminoto. Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE), 8(2), 4608-4619. https://doi.org/10.31538/iijse.v8i2.6654