Strategies to Increase Sharia Financial Literacy in Lumajang Regency: The Role of Sharia Banks and Islamic Boarding Schools in Encouraging Financial Inclusion

Abstract

This study aims to analyze strategies for improving Islamic financial literacy in Lumajang Regency by focusing on the synergy between Islamic banks and Islamic boarding schools as centers of community education. The research method used is qualitative with a case study approach, involving in-depth interviews, participatory observation, and documentation to collect data from various stakeholders involved. The results of the study indicate that although the level of community knowledge regarding Islamic financial literacy is still low, there is significant enthusiasm to learn financial concepts that are in accordance with Islamic principles. The education program implemented by Islamic Banks and Islamic boarding schools has a positive impact on community understanding, although challenges such as low levels of education and access to information still need to be overcome. This study recommends the need for closer collaboration between Islamic Banks, Islamic boarding schools, and the community to create a more inclusive and sustainable program in improving Islamic financial literacy, in order to encourage maximum financial inclusion in Lumajang Regency.