ROLE OF ISLAMIC VALUES THE AS A BASIS FOR FINANCIAL DECISION-MAKING IN GENERATION Z

Abstract

This study examines the role of Islamic values in financial decision-making among Generation Z, particularly amid the widespread use of digital financial services. Generation Z is often faced with various financial choices that can influence their spending patterns and money management. Therefore, Islamic values such as the principles of halal and haram, the attitude of qana’ah , amanah , and balance are important guidelines for managing finances wisely.The purpose of this study is to determine the extent to which Islamic values play a role in shaping the financial decisions of Generation Z. This research was conducted by distributing questionnaires to 200 Muslim Generation Z youths aged 18 to 25 who frequently use digital financial applications, such as e-wallets or online payment services. The respondents’ answers were then collected and processed to examine the relationship between Islamic values and their financial decision-making behavior. The data were analyzed using simple statistical methods to determine whether Islamic values have a significant influence on the financial decisions of Generation Z. The conclusion of this study indicates that Islamic values play an important role as a moral foundation in helping Generation Z make more responsible and moderate financial decisions. This research is expected to serve as a basis for strengthening Islamic value-based financial literacy, particularly in the digital era.