Strengthening Commitment to Implementation of Islamic Finance Law in Preserving Islamic Intangible Heritage in Aceh, Indonesia

This study intends to empirically examine role of socialization and financial technology (fintech) in strengthening the commitment to implementing the law of Islamic financial institutions (so-called Qanun LKS) as an intangible heritage in Aceh province, Indonesia. A total of 1,400 Acehnese who are customers of Islamic Financial Institutions (LKS) were chosen as respondents using a multistage random sampling technique. All data were gathered via a questionnaire and analyzed using the Structural Equation Modeling (SEM) method. This study found that the socialization of Islamic finance and fintech had a positive effect on the implementation commitment of Qanun LKS in Aceh province. Thus, the socialization of Sharia finance and fintech do not only promote Sharia finance practices in the province, but they also preserve local cultural and Islamic intangible heritage.