A Conceptual Model of Financial Anxiety from the Perspective of the Holy Quran

Document Type : Original Article

Authors

1 . Ph.D. Candidate, Research Institute of Hawzeh and University, Qom, Iran

2 .Assistant Professor, and Faculty Member at Al-Mustafa International University (Amin Complex)

Abstract

This study seeks to develop a conceptual framework for financial anxiety grounded in the teachings of the Holy Quran and to evaluate its validity. to accomplish this, an initial investigation was carried out employing two methodologies: "lexical search" and "open text reading." This process led to the identification of 33 pertinent terms and the collection of 55 religious propositions through purposive sampling, adhering to the principle of saturation found within the Quranic verses. The data were analyzed using qualitative content analysis techniques (Shojaei, "Qualitative Content Analysis of Religious Texts: Theoretical Foundations and Implementation Stages," 1399 SH (2020 CE)). The analysis revealed that the concept of financial anxiety in the Quran encompasses five categories of indicators (avoidance of financial obligations, anxiety about future finances, persistent financial distress, irrational financial fears, and feelings of financial dissatisfaction) and six categories of causal factors (personality traits, pessimism about the future, anxiety over financial stress, cognitive distortions, weak religious convictions, and the influence of Satan). Furthermore, three categories of resultant components were identified (emotional and psychological effects, familial and social behavioral impacts, and socio-economic repercussions). to ensure the findings align with Quranic content and their relevance in psychological contexts, the validity was evaluated through expert assessments (8 specialists) utilizing the Content Validity Index (CVI) and Content Validity Ratio (CVR). Ultimately, a conceptual model of financial anxiety was articulated within a broader framework. The outcomes of this research lay a solid groundwork for the creation of a questionnaire on financial anxiety and the development of therapeutic interventions and educational packages

Keywords

References

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The Quran and Science
Volume 18, Issue 34 - Serial Number 34
September 2024
Pages 187-214

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History

  • Receive Date: 02 July 2023
  • Revise Date: 15 September 2023
  • Accept Date: 12 May 2024

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