THE INFLUENCE OF PERCEPTIONS AND LIFESTYLE OF COLLEGE STUDENTS ON INVESTMENT INTEREST IN ISLAMIC MUTUAL FUNDS DURING THE COVID-19 PANDEMIC
Keywords:
covid-19, investment interest, lifestyle, perception, sharia mutual funds
Abstract
The Covid-19 pandemic has an impact on the economy which is getting worse, so investment is one way out that needs attention as an alternative source of income from the returns generated. This study aims to analyze the influence of perceptions and lifestyles of students on interest in investing in Islamic mutual funds during the Covid19 pandemic. This study uses a cross sectional study design, with the SEM-PLS analysis method. The population of this study were undergraduate students throughout Indonesia. Respondents were selected by voluntary sampling with a total of 100 respondents. Muslim students have better perceptions and higher investment interest in Islamic mutual funds, and have a hedonic lifestyle compared to non-Muslim students. Then, students with good perceptions of Islamic mutual funds and having a frugal lifestyle have an effect on increasing interest in Islamic mutual fund investment. Students are expected to increase their interest in investing in Islamic mutual funds by changing their previously hedonic lifestyle to a frugal lifestyle, this can be done by starting to make financial plans for the long, medium and short term and prioritizing needs to be able to meet financial goals in the future.
References
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Danareksa. (2012). Edukasi mulai investasi. [internet]. [diunduh 2020 Des 08]. Tersedia pada: https://www.reksa dana.danareksaonline.com
Frensidy, B. (2016). Gesit dan taktis di pasar modal berbekal behavioral finance. Jakarta (ID): Salemba Empat.
Gait, A., & Worthington, A. C. (2009). Attitudes, perceptions and motivations of libyan retail consumers toward Islamic methods of finance. Available at SSRN 1370736. [diunduh 2021 Okt 26]. Tersedia pada: https://researchrepository.griffith.edu.au/bitstream/10072/31929/1/62386_1.pdf
Halim, A. (2015). Analisis investasi di aset keuangan (edisi pertama). Jakarta: Mitra Wacana Media.
Hidayat, A. T., Elita, F. M., & Setiaman, A. (2012). Hubungan antara atribut produk dengan minat beli konsumen. Students E-Journal, 1(1), 19.
Huda, N., Nasution, M. E. (2014). Investasi pada pasar modal syariah. Jakarta (ID): Kharisma Putra Utama.
[IDX] Bursa Efek Indonesia. (2018). Produk syariah. [internet]. [diunduh 2020 Desember 08]. Tersedia pada: https://www.idx.co.id/idx-syariah/produksyariah/
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Jogiyanto. (2010). Teori portofolio dan analisis investasi (edisi ketujuh). Yogyakarta: BPFE
Lemiyana, L. (2019). Gaya Hidup Investor Perempuan Modern di Kota Palembang. An Nisa'a, 14(1). Tersedia pada: http://jurnal.radenfatah.ac.id/index.php/annisa/article/view/5085
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Nicholas, K. J., Soptich, K. M., Tyson, A., Abraham, S. P., Perry, G., & Gillum, D. R. (2018). College students’ perception of family influence impacting their health and lifestyle. TEACH Journal of Christian Education, 12(1), 45-56. Retrieved from https://research.avondale.edu.au/teach/vol12/iss1/1041
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Oktarina, D. (2016). Pengaruh beberapa indeks saham global dan indikator makroekonomi terhadap pergerakan IHSG. Journal of Business and Banking, 5(2), 163-182.doi:10.14414/JBB.V5I2.701. [diunduh 2021 Okt 26]. Tersedia pada: https://inkubator-bisnis.perbanas.ac.id/index.php/jbb/article/view/701
Pardiansyah, E. (2017). Investasi dalam perspektif ekonomi islam: pendekatan teoritis dan empiris. Economica: Jurnal Ekonomi Islam, 8(2), 337-373. Doi:10.21580/ECONOMICA.2017.8.2.1920. [diunduh 2021 Okt 26]. Tersedia: https://journal.walisongo.ac.id/index.php/economica/article/view
Parwanto, M. L. E. (2020). Virus Corona (2019-nCoV) penyebab COVID-19. Jurnal Biomedika dan Kesehatan, 3(1), 1-2. Doi:10.1038/nsmb1123.
Pew Research Center. (2015). The future of world religions: population growth projections [internet]. [diunduh 2020 Desember 08]. Tersedia pada: https://www.pewforum.org/2015/04/02/muslims/
Rashidi, H. (2015). Lifestyle and Youth: Identifying Lifestyle among Women in Mahabad, Iran. European Online Journal of Natural and Social Sciences: Proceedings, 4(1):1052–1060. [diunduh 2021 Okt 26]. Tersedia pada: https://europeanscience.com/eojnss_proc/article/view/4313
Al Rasyid, M. H., Yuliati, L. N., & Maulana, A. (2017). Analysis of lifestyle, innovation products, and marketing mix of product purchase decision hen’s instant omelette (case study in pt eco Nature multiindo). Independent Journal of Management & Production, 8(2), 519-535. Doi:10.14807/ijmp.v8i2.553. Tersedia pada: http://www.redalyc.org/articulo.oa?id=449551140015
Rudiwantoro, A. (2018). Langkah Penting Generasi Millennial Menuju Kebebasan Finansial Melalui Investasi. Jurnal Moneter, 5(1), 44-51.
Saputra, H. I., & Anastasia, N. (2013). Jenis Investasi Berdasarkan Profil Risiko. Finesta, 1(2), 47-52. Diakses dari: http://publication.petra.ac.id/index.php/manajemen-keuangan /article/view/1172
Setiadi, N. J., & SE, M. (2019). Perilaku Konsumen: Perspektif Kontemporer pada Motif, Tujuan, dan Keinginan Konsumen Edisi Ketiga (Vol. 3). Prenada Media.
Shabrina, Z., Yuliati, L. N., & Simanjuntak, M. (2018). The effects of religiousity, pricing and corporate image on the attitude and the Intention to use sharia micro financing. Indonesian Journal of Business and Entrepreneurship (IJBE), 4(2), 197-197. Doi:10.17358/ijbe.4.2.197.
Singal, V. S., & Manrai, R. (2018). Factors affecting investment in mutual funds. Journal of general management research, 5(2), 96-107.
Sumarwan, U. (2017). Perilaku konsumen teori dan penerapannya dalam pemasaran (edisi kedua). Bogor: Ghalia Indonesia.
Ulfa, M., & Djamaludin, M. D. (2016). The Influence of Parent’s Perception and Involvement in Purchasing Decision of Toys For Children. Journal of Consumer Sciences, 1(1), 59-71. Doi:10.29244/jcs.1.1.59-71.
[UU RI] Undang-Undang Republik Indonesia. (1995). UU No. 8 Tahun 1995 Tentang Pasar Modal. Jakarta (ID): Sekretariat Negara Republik Indonesia.
Yunus, N. R., & Rezki, A. (2020). Kebijakan pemberlakuan lock down sebagai antisipasi penyebaran corona virus Covid-19. Salam: Jurnal Sosial dan Budaya Syar-i, 7(3), 227-238. Doi:10.15408/sjsbs.v7i3.15083
Am, M. R. I., & Simanjuntak, M. (2020). Nilai dan kontrol diri sebagai faktor pembentuk sikap dalam perilaku pembelian impulsif antargenerasi. Jurnal Ilmu Keluarga & konsumen, 13(3), 262-276. doi:10.24156/jikk.2020.13.3.262.
Azhar, Z., Azilah, N., & Syafiq, A. (2017, November). Investment awareness among young generation. In International Conference on Business and Management Research (ICBMR 2017) (pp. 126-135). Atlantis Press. Doi:10.2991/ICBMR-17.2017.12. Tersedia pada: https://www.atlantis-press.com/proceedings/icbmr17/25887765
[BPS] Badan Pusat Statistika. (2020). Hasil survei sosial demografi dampak Covid19. [diakses 2020 Des 29] Tersedia pada: https://www.bps.go.id/publication/2020/06/01/669cb2e8646787e52dd171c4/h asil-survei-sosial-demografi-dampak-covid-19-2020.html
Danareksa. (2012). Edukasi mulai investasi. [internet]. [diunduh 2020 Des 08]. Tersedia pada: https://www.reksa dana.danareksaonline.com
Frensidy, B. (2016). Gesit dan taktis di pasar modal berbekal behavioral finance. Jakarta (ID): Salemba Empat.
Gait, A., & Worthington, A. C. (2009). Attitudes, perceptions and motivations of libyan retail consumers toward Islamic methods of finance. Available at SSRN 1370736. [diunduh 2021 Okt 26]. Tersedia pada: https://researchrepository.griffith.edu.au/bitstream/10072/31929/1/62386_1.pdf
Halim, A. (2015). Analisis investasi di aset keuangan (edisi pertama). Jakarta: Mitra Wacana Media.
Hidayat, A. T., Elita, F. M., & Setiaman, A. (2012). Hubungan antara atribut produk dengan minat beli konsumen. Students E-Journal, 1(1), 19.
Huda, N., Nasution, M. E. (2014). Investasi pada pasar modal syariah. Jakarta (ID): Kharisma Putra Utama.
[IDX] Bursa Efek Indonesia. (2018). Produk syariah. [internet]. [diunduh 2020 Desember 08]. Tersedia pada: https://www.idx.co.id/idx-syariah/produksyariah/
[IDX] Bursa Efek Indonesia. (2020). IDX Quarterly Statistics (2nd quarter). [internet]. [diunduh 2020 Januari]. Tersedia pada: https:// www.idx.co.id
Jogiyanto. (2010). Teori portofolio dan analisis investasi (edisi ketujuh). Yogyakarta: BPFE
Lemiyana, L. (2019). Gaya Hidup Investor Perempuan Modern di Kota Palembang. An Nisa'a, 14(1). Tersedia pada: http://jurnal.radenfatah.ac.id/index.php/annisa/article/view/5085
Lestari, T. A. (2018). Gaya hidup dan motivasi pembelian smartphone pada guru wanita sma di kota bogor (Skripsi). Institut Pertanian Bogor, Indonesia. Diakses dari: https://repository.ipb.ac.id/handle/123456789/94
Lim, T. S., Mail, R., Abdul Karim, M. R., Ulum, Z. K. A. B., Mifli, M., & Jaidi, J. (2020). An investigation of financial investment intention using covariance-based. Global Business & Finance Review (GBFR), 25(2), 37-50. Doi:10.17549/gbfr.2020.25.2.37.
Nadzir, M., & Ingarianti, T. M. (2015, November). Psychological meaning of money dengan gaya hidup hedonis remaja di kota Malang. In Psychologi Forum UMM (1998) (pp. 978-79).
Nicholas, K. J., Soptich, K. M., Tyson, A., Abraham, S. P., Perry, G., & Gillum, D. R. (2018). College students’ perception of family influence impacting their health and lifestyle. TEACH Journal of Christian Education, 12(1), 45-56. Retrieved from https://research.avondale.edu.au/teach/vol12/iss1/1041
[OJK] Otoritas Jasa Keuangan. (2020). Statistik reksa dana syariah 2020 Oktober [Internet]. [diunduh 2020 Desember 08]. Tersedia pada: https://www.ojk.go.id/id/kanal/syariah/data-dan-statistik/reksa-danasyariah/Pages/Statistik-Reksa-Dana-Syariah---Desember-2020.aspx
[OJK] Otoritas Jasa Keuangan. (2019). Mengenal Pasar Modal Syariah [Internet]. [diunduh 2020 Desember 15]. Tersedia pada: https://www.ojk.go.id
Oktarina, D. (2016). Pengaruh beberapa indeks saham global dan indikator makroekonomi terhadap pergerakan IHSG. Journal of Business and Banking, 5(2), 163-182.doi:10.14414/JBB.V5I2.701. [diunduh 2021 Okt 26]. Tersedia pada: https://inkubator-bisnis.perbanas.ac.id/index.php/jbb/article/view/701
Pardiansyah, E. (2017). Investasi dalam perspektif ekonomi islam: pendekatan teoritis dan empiris. Economica: Jurnal Ekonomi Islam, 8(2), 337-373. Doi:10.21580/ECONOMICA.2017.8.2.1920. [diunduh 2021 Okt 26]. Tersedia: https://journal.walisongo.ac.id/index.php/economica/article/view
Parwanto, M. L. E. (2020). Virus Corona (2019-nCoV) penyebab COVID-19. Jurnal Biomedika dan Kesehatan, 3(1), 1-2. Doi:10.1038/nsmb1123.
Pew Research Center. (2015). The future of world religions: population growth projections [internet]. [diunduh 2020 Desember 08]. Tersedia pada: https://www.pewforum.org/2015/04/02/muslims/
Rashidi, H. (2015). Lifestyle and Youth: Identifying Lifestyle among Women in Mahabad, Iran. European Online Journal of Natural and Social Sciences: Proceedings, 4(1):1052–1060. [diunduh 2021 Okt 26]. Tersedia pada: https://europeanscience.com/eojnss_proc/article/view/4313
Al Rasyid, M. H., Yuliati, L. N., & Maulana, A. (2017). Analysis of lifestyle, innovation products, and marketing mix of product purchase decision hen’s instant omelette (case study in pt eco Nature multiindo). Independent Journal of Management & Production, 8(2), 519-535. Doi:10.14807/ijmp.v8i2.553. Tersedia pada: http://www.redalyc.org/articulo.oa?id=449551140015
Rudiwantoro, A. (2018). Langkah Penting Generasi Millennial Menuju Kebebasan Finansial Melalui Investasi. Jurnal Moneter, 5(1), 44-51.
Saputra, H. I., & Anastasia, N. (2013). Jenis Investasi Berdasarkan Profil Risiko. Finesta, 1(2), 47-52. Diakses dari: http://publication.petra.ac.id/index.php/manajemen-keuangan /article/view/1172
Setiadi, N. J., & SE, M. (2019). Perilaku Konsumen: Perspektif Kontemporer pada Motif, Tujuan, dan Keinginan Konsumen Edisi Ketiga (Vol. 3). Prenada Media.
Shabrina, Z., Yuliati, L. N., & Simanjuntak, M. (2018). The effects of religiousity, pricing and corporate image on the attitude and the Intention to use sharia micro financing. Indonesian Journal of Business and Entrepreneurship (IJBE), 4(2), 197-197. Doi:10.17358/ijbe.4.2.197.
Singal, V. S., & Manrai, R. (2018). Factors affecting investment in mutual funds. Journal of general management research, 5(2), 96-107.
Sumarwan, U. (2017). Perilaku konsumen teori dan penerapannya dalam pemasaran (edisi kedua). Bogor: Ghalia Indonesia.
Ulfa, M., & Djamaludin, M. D. (2016). The Influence of Parent’s Perception and Involvement in Purchasing Decision of Toys For Children. Journal of Consumer Sciences, 1(1), 59-71. Doi:10.29244/jcs.1.1.59-71.
[UU RI] Undang-Undang Republik Indonesia. (1995). UU No. 8 Tahun 1995 Tentang Pasar Modal. Jakarta (ID): Sekretariat Negara Republik Indonesia.
Yunus, N. R., & Rezki, A. (2020). Kebijakan pemberlakuan lock down sebagai antisipasi penyebaran corona virus Covid-19. Salam: Jurnal Sosial dan Budaya Syar-i, 7(3), 227-238. Doi:10.15408/sjsbs.v7i3.15083
Published
2023-01-31
Section
Articles
