https://tifbr-tazkia.org/index.php/TIFBR <table style="height: 950px;" width="688"> <tbody> <tr> <td colspan="2"> <p><strong>Tazkia Islamic Finance and Business Review (TIFBR)</strong></p> <p>Tazkia Islamic Finance and Business Review (TIFBR) is a blind peer-review journal published by the Institute for Research and Community Empowerment (IRCE), Tazkia University College of Islamic Economics in collaboration with Association of Islamic Economics Lecturers (ADESY).</p> <p>The Journal is a semi-annual journal. The aim of the journal is to disseminate Islamic Economics, finance and business researches done by researchers both from Indonesia and overseas. Scope/Coverage:</p> <ul> <li class="show">Islamic Economics</li> <li class="show">Islamic Finance</li> <li class="show">Islamic Business</li> <li class="show">Islamic Accounting and Management</li> <li class="show">Islamic Social Finance: Waqf, Zakat, Microfinance, etc.</li> </ul> <p>All papers are written in English. The editor receives manuscripts that have not been sent to other journals for publication. Notes for contributors are presented at the end part of this journal.</p> <p>Correspondences, subscription information, and others can be addressed directly to our Editorial Office at Institute for Research and Community Empowerment (IRCE), Tazkia University College of Islamic Economics, Jl. Ir. H. Djuanda No.78, Sentul City, Bogor 16810.Fax: +62-21–87962294. E-mail: [email protected] or [email protected].</p> <table style="height: 419px;" width="351"> <tbody> <tr> <td> <p> </p> </td> </tr> </tbody> </table> </td> </tr> <tr> <td valign="top" width="40%"> </td> <td> <table style="height: 253px;" width="201"> <tbody> <tr> <td> </td> </tr> </tbody> </table> </td> </tr> </tbody> </table> Faculty of Islamic Business and Management en-US Tazkia Islamic Finance and Business Review 1907-8145 <p><a id="tinymce" class="mceContentBody" dir="ltr" href="http://creativecommons.org/licenses/by-nc/4.0/" rel="license"><img style="border-width: 0;" src="https://i.creativecommons.org/l/by-nc/4.0/88x31.png" alt="Creative Commons License" /></a><br /><span>Tazkia Islamic Finance and Business Review (TIFBR)</span> is licensed under a <a href="http://creativecommons.org/licenses/by-nc/4.0/" rel="license">Creative Commons Attribution-NonCommercial 4.0 International License</a>.</p><p class="Els-body-text">Authors who publish with this journal agree to the following terms:</p><ul><li>Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.</li><li>Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this journal.</li><li>Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website), as it can lead to productive exchanges, as well as earlier and greater citation of published work (See the Effect of Open Access).</li></ul> https://tifbr-tazkia.org/index.php/TIFBR/article/view/380 <p><em>This study aims to analyze the factors influencing individual investors' decision-making in the Indonesian Islamic Stock Exchange (BEI). The observed factors include Islamic financial literacy, Islamic investment literacy, and Islamic behavioral investment. This research employs descriptive analysis and causality testing using Structural Equation Modeling (SEM). A sample of 500 active retail investors in the Indonesian Islamic Capital Market was collected via Google Forms, and the data were analyzed using Confirmatory Factor Analysis (CFA). Hypotheses were tested through composite reliability analysis. The findings reveal that Islamic financial literacy, investment literacy, and behavioral investment have a positive and significant influence on investment decisions, with a determination coefficient of 0.79. However, the study also found that religious factors did not significantly affect investors' decision-making behavior.</em></p> <p>&nbsp;</p> <p>Keywords<em>: Islamic Financial Literacy, Islamic Investment Literacy, Islamic Behavioral Investment, Investment Decision</em></p> Rina Nur Shabrina Rifki Ismal Achmad Firdaus Copyright (c) 2024 Author and Publisher http://creativecommons.org/licenses/by-nc-sa/4.0 2024-12-11 2024-12-11 18 2 140 157 10.30993/tifbr.v18i2.380