Islamic Financial Planning For The Empowerment Of Migrant Workers (In Cooperation With Universiti Sains Malaysia and Pertubuhan Masyarakat Indonesia)

Abstract

The purpose of this article is to improve Islamic financial literacy among Indonesian migrant workers in Malaysia, with a focus on proper financial management and planning following Islamic principles. This activity was held on January 28, 2024, in Penang, Malaysia, and was attended by 40 Indonesian migrant workers. This community service method uses a qualitative method through seminars and discussions covering financial management strategies, Islamic investment, and Islamic financial principles. The results of the questionnaire showed that the majority of participants felt that this program provided significant benefits. In addition, participants were dominated by females, which indicates a greater need for Islamic financial literacy among female migrant workers. The novelty of this article relates to paying particular attention to the specific needs of migrant workers and a group often underserved in financial literacy programs.