Assistance for Improving Islamic Financial Literacy for SMEs Registered at the Office of Cooperatives and SMEs, Bandung Regency

Abstract

This PKM (Pengabdian Kepada Masyarakat) activity is motivated by the low level of Islamic financial literacy in Indonesia compared to conventional financial literacy. The purpose of this PKM activity is to improve the financial literacy of Islamic communities, especially SMEs (Small and Medium Enterprises) in Bandung Regency through training and mentoring activities. Training activities using online media are carried out through zoom meetings, while mentoring activities are carried out through WhatsApp group (WAG). This PKM activity was attended by 20 participants who were SME owners registered in The Office of Cooperatives and SMEs, Bandung Regency. The results of the Wilcoxon test with a 95% confidence level showed a difference between the pre-test and post-test averages with Asym values. Sig (2-tailed) of 0.000 is smaller than 0.05 with a mean rank of 10.5, the number of positive ranks of 20 and negative ranks of 0. Thus, it can be concluded that all PKM participants experienced significant Islamic financial literacy improvement after participating in training and mentoring activities.