文章基本信息

标题：DEBT TAKING AND CHARITY-GIVING AMONG LOWINCOME HOUSEHOLDS: STRENGTHENING RESILIENCE IN ISLAMIC PERSPECTIVE
本地全文：下载
作者：Laily Dwi Arsyianti ; Salina Kassim ; Adewale Abideen Adeyemi 等
期刊名称：Journal of Islamic Monetary Economics and Finance
印刷版ISSN：2460-6146
电子版ISSN：2460-6618
出版年度：2018
卷号：4
期号：1
页码：1-22
语种：English
出版社：Bank Indonesia
摘要：Households’ financial problem was perceived to be solved by taking other source of fund such as debt.In Islam,taking debt should be considered as the last resource when other sources were not available.Islam gives solution for those who have financial problems.Giving just small amount of money would give barakah to the giver.Charitygiving is not privilege for the wealthy,but also for those in dire conditions.This paper attempts to explore whether low-income households’ perception on consecutive debt influences their perception on regular charity-giving,especially to achieve stipulated outcomes,i.e.households’ financial resilience.Structural Equation Modelling (SEM) is employed to analyse 1780 data from respondents across six areas in Indonesia.Low_income households perceived consecutive debt taking to have negative relationship with regular charity-giving and positive relationship with outcomes (households’ financial condition and lifestyle satisfaction).Meanwhile,regular charity giving has negative relationship with the outcomes when consecutive debt taking intervene the relationship.Financial education and selection of financing institution have been proven to correlate with variables that influence both regular charity-giving and consecutive debt-taking behaviours.As a recommendation,charity education or sharing values should be included in the current financial education program.Formal financial institutions and social finance institution should also encourage supervision and continuously give financial education to social funds receivers.
关键词：Debt-taking;Charity-giving;Low-income Households.