Community Determination Factors Influence the Interest in Investing Retail Green Sukuk: Sustainable Investment as Moderating Variable

DOI

10.2991/978-94-6463-614-7_21How to use a DOI?

Keywords

Community Determination; Sustainable Investment; Green Retail Sukuk

Abstract

The aim of this research is to identify the factors that influence people's interest in investing in Retail Green Sukuk (RGS) across four different age groups (Baby Boomers, Gen X, Gen Y, and Gen Z). The factors considered in the study are investment awareness, subjective norms, social platform influence, risk aversion, and environmental knowledge. The research was based on a questionnaire completed by 500 respondents representing the four age groups in the Jakarta, Bogor, Depok, Tangerang, and Bekasi areas. The data was analyzed using descriptive analysis methods and Partial Least Square–Structural Equation Model (PLS-SEM). The findings of the research indicate that subjective norms, openness, social platform influence, environmental knowledge, and risk aversion, with the moderating variable of sustainable investment intentions, have an impact on the interest in investing in retail green sukuk. The research recommends that the government, as the issuer, and retail green sukuk selling agents collaborate with public figures such as religious leaders, community leaders, academics, and influencers to promote and educate the public about environmentally impactful investments. The channels for this promotion and education could include social media platforms, seminars, and counseling sessions at various campuses, offices, and community gatherings.

Copyright

© 2024 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Download article (PDF)

TY  - CONF
AU  - Kasmad Kasmad
AU  - Supatmin Supatmin
AU  - Taufik Awaludin
AU  - Ida Syafrida
PY  - 2024
DA  - 2024/12/23
TI  - Community Determination Factors Influence the Interest in Investing Retail Green Sukuk: Sustainable Investment as Moderating Variable
BT  - Proceedings of the 1st International Conference of Economics, Management, Accounting, and Business Digital (ICEMAB 2024)
PB  - Atlantis Press
SP  - 158
EP  - 166
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-614-7_21
DO  - 10.2991/978-94-6463-614-7_21
ID  - Kasmad2024
ER  -