Green Islamic Financial Planning Among Gen Z Muslim Students: A Qualitative Investigation of Anti-Wasteful Consumption, Halal Savings, and Sharia Awareness

Abstract

The purpose of this study is to investigate in detail how Muslim students in Generation Z comprehend and use Green Islamic Financial Planning in their lives. In the context of consumer culture and the digital economy, the emphasis is on understanding Islamic financial ideals and environmental sustainability, halal savings practices, and anti-wasteful buying patterns. With a phenomenological orientation, the study employed a descriptive qualitative methodology. The data were subjected to thematic analysis in accordance with Braun and Clarke's processes, which include coding, theme grouping, and the creation of thematic narratives that illustrate the connection between environmental concern, savings habits, and Islamic financial awareness. The findings demonstrate that the majority of informants continue to struggle with basic financial management issues, including consumptive behavior, trouble saving money, and poor control over impulsive spending. Though it has not yet been converted into regular practice, normative understanding of Sharia is fairly strong. Implicitly, the "green" dimension became apparent. Wastefulness is more accurately defined as wasteful spending than as actions that harm the environment. The development and operationalization of the Green Islamic Financial Planning concept at the micro level, the individual financial behavior of Muslim students in Generation Z by concurrently integrating three dimensions Islamic financial awareness, halal savings practices, and anti-wasteful consumption, which is closely related to ecological responsibility is what makes this research novel