The Influence of Financial Technology, Financial Literacy, and Finansial Attitudes on Financial Risk Management of Generation Z in Islamic Finance Perspective: A Study at Bank Syariah Indonesia Bandar Lampung

Fakhrur Raihan; Dinda Fali Rifan; Agus Kurniawan

doi:10.62265/jcaip.v4i2.649

Authors

Fakhrur Raihan Universitas Islam Negeri Raden Intan Lampung, Indonesia
Dinda Fali Rifan Universitas Islam Negeri Raden Intan Lampung, Indonesia
Agus Kurniawan Universitas Islam Negeri Raden Intan Lampung, Indonesia

DOI:

https://doi.org/10.62265/jcaip.v4i2.649

Keywords:

Financial Attitudes; Financial Literacy; Financial Risk Management; Financial Technology; Sharia Finance.

Abstract

Purpose: This study aims to analyze the influence of financial technology, financial literacy, and financial attitudes on financial risk management of Generation Z in the perspective of Islamic finance in customers and service users of Bank Syariah Indonesia in Bandar Lampung. Methodology: The study used a quantitative approach with a survey method of 100 respondents selected using purposive sampling techniques. Data analysis was carried out using Structural Equation Modeling–Partial Least Squares (SEM-PLS) with the help of SmartPLS 4. Findings: Research shows that financial technology, financial literacy, and financial attitudes have a positive and significant effect on Generation Z financial risk management in Bank Syariah Indonesia (BSI) customers in Bandar Lampung. Partially, financial technology provides ease of access to financial services and information to help Generation Z in managing financial risks more effectively. Financial literacy is the variable that has the greatest influence because the ability to understand financial concepts and decision-making has proven to play an important role in improving the quality of financial risk management. In addition, a positive financial attitude also encourages individuals to be more wise, disciplined, and responsible in managing finances in accordance with the principle of prudence. Simultaneously, the three variables were able to explain 62.5% of the variation in financial risk management, while the remaining 37.5% were influenced by factors other than the research model.

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