University of Tehran Iranian Economic Review 1026-6542 27 4 2023 12 03 Young Consumer Behavior: Financial Practices among Malaysian Muslim Youth 1326 1340 94938 10.22059/ier.2023.337303.1007368 EN Mohd Zamri Abu Bakar Faculty of Business and Management, Universiti Teknologi MARA, Selangor, Malaysia 0009-0003-4356-907X Suffian Hadi Ayub Faculty of Communication and Media Studies, Universiti Teknologi MARA, Selangor, Malaysia Mohadzlishah Mazli Faculty of Business and Management, Universiti Teknologi MARA, Selangor, Malaysia Mohd Fikri Ishak Faculty of Business and Management, Universiti Teknologi MARA, Selangor, Malaysia Ahmad Fadly Nurullah Rasedee Faculty of Economics and Muamalat, Universiti Sains Islam Malaysia, Negeri Sembilan, Malaysia Journal Article 2022 01 13 The purpose of this study is to examine the impact of financial attitude (FA), parental financial socialization (PFS), financial literacy (FL), and financial education (FE) to ensure the success of prudent financial management practices (PFMP) among Malaysian Muslim youth. The research was designed to use the quantitative approach. Data were collected using self-administered questionnaires adopted from previous studies, which were disseminated among university students and were analyzed using <em>Partial Least Squares Structural Equation Modelling</em> (PLS-SEM) to address the research hypotheses. The findings indicate that FA, PFS, FL, and FE have substantial and positive relations with PFMP. The results highlighted the importance of all constructs in determining Muslim youth's capability to prudently manage their financial affairs. As a result, the findings may help us understand how Malaysian Muslim youth need to improve their financial practices. https://ier.ut.ac.ir/article_94938_95d7629833b2a4f52ad07bab706d38a8.pdf