%A NIM.: 23208011015 Anava Salsa Nur Savitri
%O Dr. Joko Setyono, S.E., M.Si.
%T INTENSI INVESTASI PADA PASAR MODAL SYARIAH DENGAN RELIGIUSITAS SEBAGAI VARIABEL MODERASI: PENGEMBANGAN THEORY OF PLANNED BEHAVIOR (STUDI KASUS DI JAWA TENGAH)
%X The Islamic capital market in Indonesia has experienced significant growth in recent years; however, public participation, including in Central Java—a province with a predominantly Muslim population—remains suboptimal. Low levels of literacy, diverse perceptions of risk, social influences, and varying levels of perceived behavioral control are among the factors that warrant further investigation. This study aims to examine the influence of Perceived Risk, components of the Theory of Planned Behavior (Attitude, Subjective Norm, and Perceived Behavioral Control), Sharia Capital Market Training, and Islamic Financial Literacy on Islamic Investment Intention, with Religiosity as a moderating variable. A quantitative approach was employed using Structural Equation Modeling–Partial Least Squares (SEM–PLS) on a sample of 420 respondents representing all regencies and municipalities in Central Java. The research instrument measured both direct relationships and moderating interactions, with model evaluation encompassing validity, reliability, and structural testing. The findings indicate that Perceived Risk, Perceived Behavioral Control, and Sharia Capital Market Training positively influence Islamic Investment Intention. In contrast, Attitude, Subjective Norm, and Islamic Financial Literacy show no significant direct effects, suggesting a gap between positive perceptions and actual behavior. Religiosity plays a selective moderating role, strengthening the effect of Perceived Behavioral Control but not consistently enhancing other factors. These results imply the importance of designing Islamic capital market education programs that integrate technical skill development, the strengthening of perceived self-efficacy, and the provision of practical experience, while also embedding religious values in a contextual manner. The study contributes to the enrichment of the Theory of Planned Behavior framework by incorporating Religiosity as a moderating variable in the context of Islamic financial behavior, offering strategic guidance for stakeholders to build an inclusive, sustainable, and Sharia-compliant investment ecosystem.
%K Niat Berinvestasi Syariah, Pelatihan Pasar Modal Syariah, Literasi Keuangan Syariah, Religiusitas, Theory of Planned Behavior
%D 2025
%I UIN SUNAN KALIJAGA YOGYAKARTA
%L digilib72527