Paradigm of Islamic Financial Literacy: Discourse Analysis of Bank Indonesia's Education Program

Abstract

This study explores the paradigm of Islamic financial literacy through a discourse analysis of Bank Indonesia’s educational initiatives. Islamic financial literacy represents an intersection of religious principles and financial practices, emphasizing sharia-compliant behaviors in economic activities. Despite increasing interest in Islamic finance globally, comprehensive education models that integrate sharia values remain underdeveloped. Through qualitative discourse analysis, this research evaluates textual and narrative frameworks in Bank Indonesia’s programs to determine the depth and breadth of Islamic financial values conveyed. Drawing upon theories of financial socialization and Islamic ethical economy, the study identifies thematic emphases, structural strategies, and underlying assumptions in educational communications. Results reveal that while Bank Indonesia promotes financial awareness broadly, the integration of sharia-oriented literacy is uneven, often subordinated to conventional financial norms. The research highlights a need for a paradigmatic shift in financial education, one that prioritizes religious and cultural contextualization. The findings provide actionable insights for policymakers, educators, and financial institutions seeking to cultivate financial systems rooted in Islamic ethical frameworks. This article contributes a conceptual framework for aligning national financial literacy initiatives with Islamic principles, suggesting pathways for more inclusive and value-aligned economic education.