Factors Influencing The Decision To Adopt Sharia Fintech In Improving Sharia Financial Inclusion Among Gen Z
DOI:
https://doi.org/10.33751/jhss.v10i1.70Keywords:
Islamic Fintech, Generation Z, Financial Literacy, Perceived Usefulness, Financial InclusionAbstract
This study aims to analyze the factors influencing Generation Z's decision to adopt Islamic fintech and its role in enhancing Islamic financial inclusion. The independent variables examined include trust, financial literacy, perceived usefulness, ease of use, and technological advancement, while Islamic fintech adoption serves as the dependent variable. A quantitative research approach was employed by distributing questionnaires to 100 Generation Z respondents who used Islamic fintech services at the State Islamic University of North Sumatra. The data were analyzed using validity and reliability testing, classical assumption tests, and multiple linear regression through SPSS. The results show that, partially, only financial literacy and perceived usefulness have a positive and significant effect on the adoption of Islamic fintech. Meanwhile, trust, ease of use, and technological advancement do not significantly influence adoption. Simultaneously, all independent variables significantly affect Islamic fintech adoption, contributing 36.9% to the variation in the dependent variable. These findings indicate that Generation Z adopts Islamic fintech primarily due to financial awareness and perceived tangible benefits rather than technological convenience alone. The study offers practical implications for Islamic fintech providers to strengthen financial education initiatives, enhance service value, and increase transparency to further support Islamic financial inclusion.
References
[1] Ana Toni Roby Candra Yudha, SEMS, Abu Rizal Amiruddin, Alivia Fitriani Hilmi, Atika Fissilmi Kaffah, Fatimala Nur Fauzi, Ika Evarianti, Laila Maghfiroh, Nada El Nadia, Pravita Salbia Nurmanda, Putri Ayu Etika Rohmah, Riska Delta Rahayu, Riski Delta Ningtyas, Silva Syahri Rahmadhani, Siti Hasnaa Madinah, Siti Ikmalus Solikhatin, & Zahrotun Nadhifa. (2020). Sharia Fintech: Theory and Application Examining Theory, Business Models, and Sharia Finance in the Era of the Industrial Revolution 4.0. Scopindo.
[2] Asmaul Husna, Atika, Syachrul Wahyudi, & Andri Soemitra. (2021). The Influence of Monetary Policy on Islamic Banking Business Performance.
[3] Benediktus Rolando. (2024). The Influence of Fintech on Financial Inclusion: A Systematic Review. Journal of Accounting and Business (Accounting), 4(2), 50–63. http://Journal.Politeknik-Pratama.Ac.Id/Index.Php/Jiab■Page50
[4] Lestari, & Putri Catur Ayu. (2022). Donation-Based Crowdfunding During the Covid-19 Pandemic: Analysis of Factors Influencing the Interest of Sharia Fintech Users. Journal of Economic Education: Scientific Journal of Educational Sciences, Economics and Social Sciences, 16(2), 173-180.
[5] Anggarini, DR, Putri, AD, & Lina, LF (2021). Financial Literacy for Generation Z at Man 1 Pesawaran. Indonesian Community Service Journal, 1(1), 147–152.
[6] Yondi Caturadina Darnida, AHN (2024). The Role Of Financial Technology In Increasing Financial Access. Journal Of Management, 3(2), 474–493.
[7] Syifa Alhusna, Yenni Samri Juliati Nasution, & Nurwani Nurwani. (2024). The Influence of Benefits and Risks on Interest in Using the Dana E-Wallet at Uinsu. Trending: Journal of Management and Economics, 2(2), 237–250.
[8] Muhammad Maulana Siregar, Muhammad Lathief Ilhamy, & Budi Dharma. (2024). The Influence of Financial Inclusion and Financial Understanding on the Decision to Use Sharia Banks (Case Study of PT. Bank Sumut Sharia Branch Office, Medan Ring Road). Jesya, 7(2), 2036–2048.
[9] Hasta Dwi Pradana. (2024). The Effect of Fintech Lending Adoption on Financial Inclusion with Technology and Information Development as a Moderating Variable. Journal of the Indonesian Accounting Academy, Padang, 4(1), 28–34.
[10] Shanti Noviarti. (2022). Factors Influencing the Use of Fintech E-Money (A Study of the Community in Colomadu District, Karanganyar Regency).
[11] Khairul Anwar, EE (2024). Factors Influencing Fintech Adoption Among Millennials. In Yume: Journal of Management (Vol. 7, Issue 2).
[12] Muhammad Satrya Mutthaqin, Patma Wati, & Chuzaimah Batubara. (2019). The Influence of Spaylater in Online Shops on Consumptive Behavior of Muslim Students at Febi Uinsu.
[13] Benediktus Rolando. (2024). The Influence of Fintech on Financial Inclusion: A Systematic Review. Journal of Accounting and Business (Accounting), 4(2), 50–63.
[14] Soemitra, A. (2023). The Role of Sharia Fintech in the Welfare of MSMEs in Indonesia in the Covid-19 Era. In Journal of Management Science Publication (Jupiman) (Vol. 2, Issue 1).
[15] Susiyana, Ayu Ruqayyah Yunus, & Muslihati. (2023b). Analysis of Factors Influencing Interest in Transactions Using Sharia Fintech Among Generation Z. At Tawazun Journal of Islamic Economics.
[16] Nafadzila Wahyuniar Asri, & Harun Alrasyid. (2024). The Influence of Sharia Fintech on Increasing Financial Inclusion for MSMEs (A Case Study of Sharia P2P Financing in Indonesia). Warta Ekonomi, 7.
[17] Chintia Indah Mentari, Fitri Wahyuni, & Joni Hendra. (2025). Sharia Financial Inclusion Strategy Through Digitalization of Services and Education in the Post-Pandemic Era. In Chintia Indah Mentari (Vol. 2, 1).
[18] Rizka Aisyah Nurjannah, Firmansyah, & Alfira. (2024). Investment Knowledge In The Young Generation: A Theory Of Reasoned Action Perspective. Fundamental And Applied Management Journal, 2(2).
[19] Febri Aulia Artha, & Kartiko Adi Wibowo. (2023). The Influence of Financial Literacy, Financial Planning, and Financial Attitudes on Personal Financial Management.
[20] Nia Monica Putri, Idham Lakoni, & Sintia Safrianti. (2023). The Influence of Financial Literacy, Ease of Use, and Trust on Transaction Decisions Using QRIS in MSMEs in Bengkulu City. Scientific Journal of Economics and Business, 16.
[21] Nisrina Salwa, Tri Indah Fadhila Rahma, & Juliana Nasution. (2022). The Influence of Financial Literacy and Financial Technology on the Financial Inclusion of Uinsu Students. Jumsi), 2(2), 353–364.
[22] Ana Toni Roby Candra Yudha, SEMS, Abu Rizal Amiruddin, Alivia Fitriani Hilmi, Atika Fissilmi Kaffah, Fatimala Nur Fauzi, Ika Evarianti, Laila Maghfiroh, Nada El Nadia, Pravita Salbia Nurmanda, Putri Ayu Etika Rohmah, Riska Delta Rahayu, Riski Delta Ningtyas, Silva Syahri Rahmadhani, Siti Hasnaa Madinah, Siti Ikmalus Solikhatin, & Zahrotun Nadhifa. (2020). Sharia Fintech: Theory and Application Examining Theory, Business Models, and Sharia Finance in the Era of the Industrial Revolution 4.0. Scopindo.
[23] Annisa Yusmelia, Nanda Suryadi, & Hidayati Nasrah. (2024). The Influence of Sharia Financial Literacy, Knowledge, Trust, and Ease of Use on Interest in Using Financial Technology. Tabarru' Journal: Islamic Banking and Finance, 7.
[24] Novita Sari, Atika, NABR (2023). The Influence of Trust, Price, and Ease of Use on Halal Product Consumption Behavior Among E-Commerce Users.
[25] Gumilang Widiatmo. (2021). Technology Acceptance Model Analysis Of Adoption Intention To Use Indonesian Islamic Fintech Apps Amid The Covid-19 Pandemic. Https://Www.Researchgate.Net/Publication/357621184
[26] Hutami A. Ningsih, Endang M. Sasmita, & Bida Sari. (2021). The Influence of Perceived Benefits, Perceived Ease of Use, and Perceived Risk on the Decision to Use Electronic Money (QRIS) in College Students.
[27] Dewi Fitriana, & Peni Haryanti. (2024). Sharia Financial Literacy and Perceived Usefulness of E-Service Use. Journal of Economics, Management and Banking, 10.Https://Www.Apjii.Or.Id
[1] S. Setyaningsih And Y. Suchyadi, “Implementation Of Principal Academic Supervision To Improve Teacher Performance In North Bogor,” Jhss (Journal Humanit. Soc. Stud., Vol. 5, No. 2, Pp. 179–183, 2021, Doi: 10.33751/Jhss.V5i2.3909.
[2] Y. Suchyadi And Nurjanah, “Relationship Between Principal Supervision In Increasing The Job Satisfaction Of Private Junior High School Teachers In East Bogor District,” Jhss (Journal Humanit. Soc. Stud., Vol. 02, No. 01, Pp. 26–29, 2018, Doi: Https://Doi.Org/10.33751/Jhss.V2i1.818.
[3] Y. Suchyadi, “Relationship Between Work Motivation And Organizational Culture In Enhancing Professional Attitudes Of Pakuan University Lecturers,” Jhss (Journal Humanit. Soc. Stud., Vol. 01, No. 01, Pp. 41–45, 2017, Doi: Https://Doi.Org/10.33751/Jhss.V1i1.372.
[4] Y. Suchyadi, N. Karmila, And N. Safitri, “Kepuasan Kerja Guru Ditinjau Dari Peran Supervisi Kepala Sekolah Dasar Negeri Di Kecamatan Bogor Utara,” Jppguseda | J. Pendidik. Pengajaran Guru Sekol. Dasar, Vol. 2, No. 2, Pp. 91–94, Nov. 2019, Doi: 10.33751/Jppguseda.V2i2.1453.
[5] R. Purnamasari Et Al., “Student Center Based Class Management Assistance Through The Implementation Of Digital Learning Models,” J. Community Engagem., Vol. 02, No. 02, Pp. 41–44, 2020, Doi: Https://Doi.Org/10.33751/Jce.V2i2.2801.
[6] Y. Suchyadi And H. Suharyati, “The Use Of Multimedia As An Effort To Improve The Understanding Ability Of Basic School Teachers ‘Creative Thinking In The Era ‘Freedom Of Learning,’” In Merdeka Belajar, A. Rahmat, Ed. Yogyakarta: Zahir Publishing, 2021, Pp. 42–53.
[7] Y. Suchyadi Et Al., “Increasing Personality Competence Of Primary School Teachers, Through Education Supervision Activities In Bogor City,” J. Community Engagem., Vol. 01, No. 01, 2019, [Online]. Available: Https://Journal.Unpak.Ac.Id/Index.Php/Jce
[8] Y. Suchyadi Et Al., “Improving The Ability Of Elementary School Teachers Through The Development Of Competency Based Assessment Instruments In Teacher Working Group , North Bogor City,” J. Community Engagem., Vol. 02, No. 01, Pp. 1–5, 2020, Doi: Https://Doi.Org/10.33751/Jce.V2i01.2742.
[9] S. Hardinata, Y. Suchyadi, And D. Wulandari, “Strengthening Technological Literacy In Junior High School Teachers In The Industrial Revolution Era 4.0,” J. Humanit. Soc. Stud., Vol. 05, No. 03, Pp. 330–335, 2021.
[10] H. Suharyati, H. Laihad, And Y. Suchyadi, “Development Of Teacher Creativity Models To Improve Teacher’s Pedagogic Competency In The Educational Era 4.0,” Int. J. Innov. Creat. Chang. Www.Ijicc.Net, Vol. 5, No. 6, Pp. 919–929, 2019, [Online]. Available: Www.Ijicc.Net
[11] Y. Suchyadi, Nurjanah, And N. Karmila, Supervisi Pendidikan: Strategi Meningkatkan Profesionalisme Guru. Bogor: Pgsd Universitas Pakuan, 2020.
[12] Suchyadi, Y., & Suryani, A. "Educational Environment In The Implementation Of Character Education". Jhss (Journal Of Humanities And Social Studies), 5(2), 208-212. 2021.
[13] Marwah, H. S., Suchyadi, Y., & Mahajani, T. "Pengaruh Model Problem Based Learning Terhadap Hasil Belajar Subtema Manusia Dan Benda Di Lingkungannya". Journal Of Social Studies Arts And Humanities (Jssah), 1(1), 42-45. 2021.
[14] Suchyadi, Y., Sunardi, O., Suhardi, E., & Sundari, F. S. "Using A Multimedia For Natural Science Learning In Improving Concept Skills Of Elementary School Teachers".
[15] Billa, Salsa; Purnamasari, Ratih; Suchyadi, Yudhie. Pengembangan Instrumen Tes Pilihan Ganda Berbasis Hots Menggunakan Aplikasi Quizizz Dan Qr-Code Pada Pembelajaran Matematika Materi Pecahan. Didaktik: Jurnal Ilmiah Pgsd Stkip Subang, 2024, 10.04: 335-343.
[16] Hidayat, Nada Syifa; Mulyawati, Yuli; Suchyadi, Yudhie. Pengembangan E-Book Menggunakan Flipbook Pada Muatan Ilmu Pengetahuan Alam Materi Perpindahan Panas Dan Kalor. Cendekiawan, 2024, 6.2: 207-221.
[17] Suchyadi, Yudhie, Et Al. Efektivitas Pembelajaran Menyimak Dongeng Berbasis Youtube Dalam Pembelajaran Bahasa Dan Budaya Sunda. Jurnal Manajemen Pendidikan, 2024, 12.2: 070-073.
[18] Hamzari, Silvia; Anwar, Wawan S.; Suchyadi, Yudhie. Pengembangan Media Pembelajaran Interaktif Berbasis Macromedia Flash Pada Pelajaran Matematika Materi Sudut. Didaktik: Jurnal Ilmiah Pgsd Stkip Subang, 2024, 10.2: 556-567.
[19] Indriani, Rini Sri, Et Al. The Effectiveness Of Learning To Listen To Youtube-Based Fairy Tales In Learning Sundanese Language And Culture. Jhss (Journal Of Humanities And Social Studies), 2024, 6.3: 115-118.
[20] Nuraningsih, Rany, Et Al. Pengembangan E-Modul Menggunakan Canva Pada Tema 4 Sehat Itu Penting Subtema 1 Peredaran Darahku Sehat. Didaktik: Jurnal Ilmiah Pgsd Stkip Subang, 2024, 10.1: 1572-1581.
[21] Listy, Sheren Eriska Priscilia; Kurnia, Dadang; Suchyadi, Yudhie. Pengembangan E-Lkpd Menggunakan Liveworksheet Pada Subtema 3 Usaha Pelestarian Lingkungan. Didaktik: Jurnal Ilmiah Pgsd Stkip Subang, 2024, 10.1: 1314-1323.
[22] Anwar, Wawan Syahiril, Et Al. Penguatan Literasi Teknologi Pada Guru Sekolah Dasar. Jurnal Manajemen Pendidikan, 2024, 12.1: 064-069.
[23] Suchyadi, Yudhie; Indriyani, Sri Rini; Destiana, Dita. Basic Concepts Of Educational Supervision Along With Related Administrative Studies. Jhss (Journal Of Humanities And Social Studies), 2023, 6.3: 406-410.
[24] Purnamasari, Ratih, Et Al. Analisis Kesulitan Belajar Matematika Pada Anak Berkebutuhan Khusus Tunagrahita Ringan Kelas Iv Sdn Perwira. Didaktik: Jurnal Ilmiah Pgsd Stkip Subang, 2023, 9.5: 169-174.
[25] Salsabila, Annisa; Safitri, Nurlinda; Suchyadi, Yudhie. Pengembangan Bahan Ajar E-Book Menggunakan Flipbook Pada Subtema Daerah Tempat Tinggalku. Didaktik: Jurnal Ilmiah Pgsd Stkip Subang, 2023, 9.04: 2305-2317.
[26] Akmal, Erinda Amalia; Safitri, Nurlinda; Suchyadi, Yudhie. Pengaruh Berpikir Kritis Terhadap Kreativitas Siswa. Didaktik: Jurnal Ilmiah Pgsd Stkip Subang, 2023, 9.04: 2610-2617.
[27] Suchyadi, Yudhie, Et Al. Responses To Future Challenges Inclusive Schools For Children With Special Needs. Jhss (Journal Of Humanities And Social Studies), 2023, 7.2: 685-699.
[28] Irohdathul Novianti, Nur Diana, & Arista Fauzi Kartika Sari. (2023). The Influence of Financial Literacy, Ease of Access, and Technological Advances on Interest in Investing in Sharia Stocks. Islamic Economic and Finance Journal, 3.
[29] Susiyana, Ayu Ruqayyah Yunus, & Muslihati. (2023a). Analysis of Factors Influencing Interest in Transactions Using Sharia Fintech Among Generation Z. http://Journal.Uin-Alauddin.Ac.Id/Index.Php/Attawazun/Index
[30] Ichsan, R.N., Syahbudi, M., & Nst, V.F.H. (2023). Development of Islamic Human Resource Management in the Digital Era for MSMEs and Cooperatives in Indonesia. Iqtishoduna: Journal of Islamic Economics, 12(2), 497–512. https://Doi.Org/10.54471/Iqtishoduna.V12i2.2336
[31] Prof. Dr. Sugiyono. (2013). Quantitative, Qualitative, and R&D Research Methods.
[32] Mira Misissaifi. (2020). Factors Influencing Interest in Using Sharia Fintech (Empirical Study in the Special Region of Yogyakarta Province).
[33] Suhayadi, & Purwanto, S. (2009). Statistics for Economics and Modern Finance (4th Ed.). Salemba 4.
