Exploring the Role of Social Media @asysyirkah.id in Promoting Sharia Investment among Millennial Investors: A Case Study of Asysyirkah Sharia Cooperative
DOI:
https://doi.org/10.55927/ijcs.v1i10.10674Keywords:
Social Media, Sharia Investment, Millennial InvestorAbstract
This research aims to explore the role of social media, particularly the @asysyirkah.id account, in promoting Islamic investment among millennial investors, with a focus on Asy-Syirkah Islamic Cooperative. Using a qualitative approach with a case study design, this research analyses how @asysyirkah.id leverages social media platforms to increase awareness, understanding, and participation in Islamic investment. Data were collected through in-depth interviews with the co-operative's social media manager, observation of social media content, and focus group discussions with co-operative members. Data analysis techniques used thematic analysis techniques. Data validity techniques used triangulation, member checking, and audit trail. The results of this study show that social media is a very effective tool for promoting sharia investment among millennials. The role of @asysyirkah.id media can increase engagement, education, and participation in sharia investment while overcoming existing challenges in content management and interaction
Downloads
References
Abdullah, M. (2015). Trust in Islamic Finance: A Comprehensive Review. Journal of Islamic Finance, 6(1), 40-52.
Abdullah, M. (2015). Trust in Islamic Finance: A Comprehensive Review. Journal of Islamic Finance, 6(1), 40-52.
Ahmad, N., & Ibrahim, H. (2017). Social Media as a Tool for Islamic Financial Literacy. Journal of Islamic Marketing, 8(2), 150-170.
Akar, E., & Topcu, B. (2011). An examination of the factors influencing consumers' attitudes toward social media marketing. Journal of Internet Commerce, 10(1), 35-67.
Ali, A., et al. (2019). "Understanding the role of social media in Islamic finance". International Journal of Islamic and Middle Eastern Finance and Management, 12(2), 245-260.
Aral, S., Dellarocas, C., & Godes, D. (2013). Social media and business transformation: A framework for research. Information Systems Research, 24(1), 3-13.
Bank Indonesia. (2019). The State of Islamic Finance in Indonesia. BI Annual Report.
Bortree, D. S., & Seltzer, T. (2016). "Dialogic strategies and social media: A content analysis of nonprofit organizations' social media use". Public Relations Review, 42(3), 358-365.
Brown, J. J., & Reingen, P. H. (1987). Social ties and word-of-mouth referral behavior. Journal of Consumer Research, 14(3), 350-362.
Brown, J., & Fiorella, S. (2013). "The impact of online reviews on consumer decision-making". Journal of Marketing Research, 50(5), 695-708.
Chechi, D., & Hennig-Thurau, T. (2010). "Social media and its impact on financial decision-making". Journal of Financial Services Research, 38(2), 129-152
Chung, J. E., & Lee, S. H. (2017). "Social media use and financial decision-making: Evidence from the stock market". Journal of Financial Counseling and Planning, 28(1), 79-93.
Demirguc-Kunt, A., Klapper, L., Singer, D., Ansar, S., & Hess, J. (2018). The Global Findex Database 2017: Measuring Financial Inclusion and the Fintech Revolution. World Bank Group.
Financial Industry Regulatory Authority (FINRA). (2017). Social Media and Investing: Avoiding Fraud. FINRA Investor Education Foundatio.
Kaplan, A. M., & Haenlein, M. (2010). "Users of the world, unite! The challenges and opportunities of social media". Business Horizons, 53(1), 59-68.
Kaplan, A. M., & Haenlein, M. (2010). "Users of the world, unite! The challenges and opportunities of social media". Business Horizons, 53(1), 59-68.
Karim, A. (2014). Islamic Finance: Economic and Legal Perspectives. International Journal of Islamic and Middle Eastern Finance and Management, 7(4), 456-472.
Khan, M. N., et al. (2019). "Visual marketing strategies in social media: A review of research and future directions". Journal of Marketing Communications, 25(4), 381-398.
Kietzmann, J. H., Hermkens, K., McCarthy, I. P., & Silvestre, B. S. (2011). Social media? Get serious! Understanding the functional building blocks of social media. Business Horizons, 54(3), 241-251.
Kim, A. J., & Ko, E. (2012). Do social media marketing activities enhance customer equity? An empirical study of luxury fashion brand. Journal of Business Research, 65(10), 1480-1486.
Liu, X. (2015). "The influence of social media on the buying decision process of Chinese consumers". Journal of Interactive Marketing, 29(3), 21-34.
Lusardi, A., & Mitchell, O. S. (2014). The Economic Importance of Financial Literacy: Theory and Evidence. Journal of Economic Literature, 52(1), 5-44.
Miller, K. (2017). "The power of visual content in social media marketing". Journal of Digital & Social Media Marketing, 5(2), 160-172.
Miller, K. (2017). "The power of visual content in social media marketing". Journal of Digital & Social Media Marketing, 5(2), 160-172.
Prasetyo, A. (2018). The Impact of Social Media on Investment Decision in Indonesia. Journal of Business and Management, 14(3), 78-89.
Rahman, F. (2016). Financial Education and Its Impact on Investment Decisions. Journal of Education and Practice, 7(20), 94-102.
Saad, E. A., & Siam, W. Z. (2017). The role of social media in enhancing financial literacy. Journal of Economics and Finance, 8(2), 88-101.
Sari, M. (2019). Peran Teknologi Informasi dan Komunikasi dalam Pembelajaran Kontekstual. Jurnal Teknologi Pendidikan, 22(2), 201-215.
Setiawan, R. (2019). The Role of Social Media in Investment Decision Making Among Millennials. International Journal of Financial Studies, 7(2), 25-38.
Suryani, E. (2020). The Impact of Fintech on Islamic Finance. Journal of Financial Regulation and Compliance, 28(3), 382-398.
Sweeney, J. C., & Soutar, G. N. (2001). "Consumer perceived value: The development of a multiple item scale". Journal of Retailing, 77(2), 203-220.
We Are Social. (2020). Digital 2020: Indonesia. Hootsuite.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2024 Dodi Suryadi

This work is licensed under a Creative Commons Attribution 4.0 International License.





















