Innovation Features of Digital Literacy Services in Shariah Online Trading System (Sots) Application in an Effort to Minimize the Risk of Investing

Abstract

The development of Shariah Online Trading System (SOTS) on securities is expected to facilitate investors in investing the Sharia sector. However, the majority of SOTS applications have not implemented literacy features related to investment in the Islamic capital market. On the other hand, knowledge and skills regarding financial products and services need to be possessed in order to understand the benefits and risks of these financial products and services. The purpose of this research is to find out about the innovation of financial literacy features, especially about investments in islamic capital markets so that investors can manage their investments and minimize risk in investing. This research method uses narrative review. The results showed that innovation was carried out by adding features of digital literacy services that contain educational content related to Islamic capital market investment in SOTS applications through educational content presented in various formats. Keywords: Innovation; Digital Literacy Services; SOTS; Risk; Investment