Analisa Tingkat Literasi Keuangan Syariah pada Masyarakat Desa Kromengan Kecamatan Kromengan Kabupaten Malang

Abstract

This study aims to analyze the level of Islamic financial literacy among the residents of Kromengan Village, Kromengan District, Malang Regency. A qualitative descriptive approach was used with a single variable: Islamic financial literacy. The focus of the study includes the community’s understanding of fundamental Islamic finance principles, such as the prohibition of riba (usury), profit-sharing systems, and knowledge of Islamic savings, financing, insurance, and investment products. Data were collected through in-depth interviews with five informants selected purposively, representing different age groups and educational backgrounds. The data analysis technique used was the Miles and Huberman model, which consists of data reduction, data display, and conclusion drawing. The findings indicate that the people of Kromengan Village have a basic understanding of Islamic financial values, especially regarding the prohibition of riba and the importance of Sharia-compliant contracts. However, literacy levels in practical aspects such as Islamic financing, insurance, and investment remain low. This low level of literacy is attributed to limited access to information and a lack of outreach from Islamic financial institutions. Therefore, continuous education is needed to enhance public understanding and participation in the Islamic financial system.

Keywords: Islamic financial literacy and rural community kromengan.