Determinan Minat Investasi Mahasiswa Muslim Pada Platform Islamic Securities Crowdfunding Di Kota Semarang

Ari Kristin Prasetyoningrum; Khansa Tabina Atma Addenia; Tri Handayani; Fadhil Muhammad Azhar Rasyad

doi:10.37479/jeej.v8i4.40716

Determinan Minat Investasi Mahasiswa Muslim Pada Platform Islamic Securities Crowdfunding Di Kota Semarang

Ari Kristin Prasetyoningrum, Khansa Tabina Atma Addenia, Tri Handayani, Fadhil Muhammad Azhar Rasyad

Abstract

This study aims to analyze the influence of Islamic financial literacy, herding behaviour, perceived risk and return, sharia compliance, and perceived ease of use on the investment interest of Muslim students in I-SCF platforms in Semarang City. The study population consists of Muslim students in Semarang involving 351 respondents. Data were collected through an questionnaire and analyzed using Structural Equation Modeling based SEM-PLS. The findings reveal that, risk and return, perceived ease of use, and sharia compliance have a significant positive effect on students’ investment interest in I-SCF platforms, while Islamic financial literacy, and herding behaviour shows no significant effect. These results highlight that enhancing Sharia financial literacy, fostering positive perceptions of investment returns, improving technological ease of use, and leveraging social behavioral influences play a crucial role in increasing student participation in Sharia-based digital investment.

Keywords

Islamic financial literacy, herding behaviour, risk and return, sharia compliance, minat investasi.

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DOI: https://doi.org/10.37479/jeej.v8i4.40716