A Phenomenological Study On The Financial Management Of Muslim Households In The City Of Surabaya Indonesia

Articles in Press

Document Type : Research Paper

Authors

1 Department of Economics, Muhammadiyah University of Surabaya, , Surabaya, Indonesia

2 Department of Economics, Universitas Airlangga, Surabaya, Indonesia

3 Department of Economics, Universiti Islam Sultan Sharif Ali Brunei Darussalam, Bandar Seri Begawan, Brunei

4 Department of Economics, Bogor Agricultural Institute, Bogor, Indonesia

Abstract

Financial management decisions in the household are not only dominated by women as Household. This study aims to determine the phenomenon of financial management of Muslim households in Surabaya. The research method that will be used is a qualitative phenomenological method. The collected data were analyzed using Interpretative Phenomenological Analysis (IPA) techniques. The results showed that the phenomenon of the Muslim community in the city of Surabaya in managing household finances was divided into three groups, namely: (1) Having an inefficient and consumptive nature. (2) The role of financial management is divided into three, first wife, second husband and third together. (3) Household expectations when associated with blessings: (a) Do not become a burden to the environment, (b) Can help social interests, (c) The emergence of a sense of sincerity, gratitude and trustworthiness, (d) Realization of sincere intentions because of Allah SWT
Keywords: Phenomenology, finance, Household, Management, Muslim
GEL: G5; G51; H3; H31

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Iranian Economic Review

Articles in Press, Accepted Manuscript
Available Online from 04 December 2023

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