Abidin, Zainal and Umam, khotibul (2021) The Urgency of Digital Financial Services in Islamic Boarding Schools to Improve Financial Literacy. In: Handbook of Research on Disruptive Innovation and Digital Transformation in Asia. IGI Globall, USA, pp. 511-523. ISBN 10.4018/978-1-7998-6477-6.ch025
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Abstract
The new normal COVID-19 pandemic has changed the pattern of people's behavior in money transaction towards a safer contactless payment. Currently, digital financial service can be an alternative option to break down and finalize the rate of transmission of the corona virus, where transfer of funds or payment of financial transactions can be done online with digital applications without physical involvement. The use of digital finance in Indonesia has been growing significantly. Several Islamic boarding schools have implemented a non-cash payment system in various types of transactions. This chapter comprehensively discussed the urgency of non-cash transaction facilities in Islamic boarding schools to improve financial literacy in the new normal period. The results showed that digital financial service were very safe to use, because it could reduce physical interference/physical distancing as a form of implementing health protocols in financial transaction activities and increase financial literacy of students and high rate of responsibility for managing their personal finances.
| Item Type: | Book Section |
|---|---|
| Subjects: | A General Works > AC Collections. Series. Collected works A General Works > AI Indexes (General) A General Works > AS Academies and learned societies (General) H Social Sciences > HB Economic Theory H Social Sciences > HC Economic History and Conditions |
| Divisions: | Fakultas Ekonomi dan Bisnis Islam > Ekonomi Syari'ah |
| Depositing User: | Administrator Khazanah |
| Date Deposited: | 07 Apr 2023 01:41 |
| Last Modified: | 07 Apr 2023 01:42 |
| URI: | http://repository.iainmadura.ac.id/id/eprint/707 |
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