ANALISIS PEMAHAMAN KEWANGAN DALAM KALANGAN MAHASISWA AKADEMI PENGAJIAN ISLAM UNIVERSITI MALAYA

Abstract

With many university students receiving formal financial education, more individual have become significant understanding on their own money management. As a result, they able to successfully manage their own tuition fees, cost of living and entertainment without their parents' guidance. This paper explored financial understanding of undergraduates at Academy of Islamic Studies University of Malaya (APIUM). Specifically, this paper investigated their demographic profiles and its relationship with their understanding on zakāh, takaful and free-interest loans offered by Islamic financial institutions. In addition, this paper also investigated on their spending behaviour. Characteristics such as field of study, source of education funds, education financing and their spending priority were examined to determine the main drivers behind the receiving of zakāh, subscribing