Proceedings of the 2nd International Conference of Business, Accounting and Economics, ICBAE 2020, 5 - 6 August 2020, Purwokerto, Indonesia

Research Article

The Impact of Islamic Finance Knowledge and Religiosity on Gold Investment Behavior: An Extended of The Theory of Planned Behavior

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  • @INPROCEEDINGS{10.4108/eai.5-8-2020.2301010,
        author={Achmad  Nur Alfianto and Anton Priyo Nugroho},
        title={The Impact of Islamic Finance Knowledge and Religiosity on Gold Investment Behavior: An Extended of The Theory of Planned Behavior},
        proceedings={Proceedings of the 2nd International Conference of Business, Accounting and Economics, ICBAE 2020,  5 - 6 August 2020, Purwokerto, Indonesia},
        publisher={EAI},
        proceedings_a={ICBAE},
        year={2020},
        month={10},
        keywords={knowledge of islamic finance religiosity theory of planned behavior gold investment},
        doi={10.4108/eai.5-8-2020.2301010}
    }
    
  • Achmad Nur Alfianto
    Anton Priyo Nugroho
    Year: 2020
    The Impact of Islamic Finance Knowledge and Religiosity on Gold Investment Behavior: An Extended of The Theory of Planned Behavior
    ICBAE
    EAI
    DOI: 10.4108/eai.5-8-2020.2301010
Achmad Nur Alfianto1,*, Anton Priyo Nugroho1
  • 1: Master of Islamic Studies, Faculty of Islamic Studies, Islamic University of Indonesia, Yogyakarta, Indonesia
*Contact email: achmadnuralfianto@gmail.com

Abstract

This study aimed to analyze the influence of knowledge of Islamic finance on the attitudes towards gold investment and to analyze the impact of religiosity on gold investment behavior using the Theory of Planned Behavior (TPB) approach tested on employees of Islamic financial institutions in the Regency of Magelang Indonesia. Data obtained from 205 respondents who were employees of 10 Islamic financial institutions and then analyzed using descriptive analysis and Structural Equation Modeling (SEM). The result showed that religiosity had a positive and significant influence on gold investment behavior. Also, the variables of attitude, subjective norm, and perceived behavioral control influenced positively and significantly the intention to invest in gold.