DETERMINANTS OF ISLAMIC FINANCE IN HOUSEHOLD FINANCIAL MANAGEMENT TO REALIZE PROSPEROUS LIVING

Abstract

Good household financial management is one of the keys to achieving a prosperous life for
married couples. Good financial management in the household is considered very necessary
for the creation of a prosperous life because in reality everyone has the hope of being
prosperous in their life. The aim of this research is to analyze the independent variables that
influence the dependent variable, namely welfare. This research method uses a mixed method
approach with a sequential exploratory strategy, namely research that involves two different
stages, namely qualitative first and quantitative afterwards. Primary data resulted from
interviews with 2 Islamic finance experts and distributing questionnaires to 100 households.
The results of this research are that the Islamic financial model in managing household finances
has an influence on realizing welfare. This is proven by the results of research that has
processed data consisting of several variables.
Keywords: Islamic Finance, Welfare.