Islamic Financial Literacy and Other Determinant Factors that Influence the Intention to Use Islamic Banking

Indonesia still has big potential to develop the halal industry, as majority of people in Indonesia are Muslim. Halal industry referring to industries that comply with Islamic law and standards. There are seven large and rapidly maturing halal industry sectors with the financial sector as the starting point. As one of the sub-sectors of Islamic finance, Islamic banking has a strategic role in encouraging the development of the halal industry in Indonesia. But people's awareness and preferences for Islamic finance are struggling to be grown in Indonesia. Thus, assessing the level of Islamic financial literacy and understanding other significant indicators that influence the customer's intention to use Islamic banking is important. This study aims to assess the level of Islamic financial literacy and other indicators and its implication on the intention to use Islamic banking in Indonesia. Other than assessing the IFL level, the researcher also analyzed four indicators; religiosity, awareness, bank’s reputation and attitude. The researcher used quantitative method by distributing online questionnaires to gather data from 450 respondents towards people in West Java with using PLS-SEM to analyze the data. Keywords: Islamic banking, Islamic financial literacy, intention to us