Log in

Relevant bibliographies by topics / The Global Sharia Stock Index / Journal articles

To see the other types of publications on this topic, follow the link: The Global Sharia Stock Index.

Journal articles on the topic 'The Global Sharia Stock Index'

Author: Grafiati

Published: 4 June 2025

Last updated: 1 August 2025

Create a spot-on reference in APA, MLA, Chicago, Harvard, and other styles

Select a source type:

Consult the top 50 journal articles for your research on the topic 'The Global Sharia Stock Index.'

Next to every source in the list of references, there is an 'Add to bibliography' button. Press on it, and we will generate automatically the bibliographic reference to the chosen work in the citation style you need: APA, MLA, Harvard, Chicago, Vancouver, etc.

You can also download the full text of the academic publication as pdf and read online its abstract whenever available in the metadata.

Browse journal articles on a wide variety of disciplines and organise your bibliography correctly.

1

Kustina, Lisa, and Adrianna Syariefur Rakhmat. "Indonesia Sharia Stock Index and Global Sharia Stock Index." Jurnal Ilmiah Manajemen dan Bisnis 21, no. 1 (2020): 20–27. http://dx.doi.org/10.30596/jimb.v21i1.3838.

Full text

APA, Harvard, Vancouver, ISO, and other styles

2

Abid, Djazuli, Utami Dinarossi, and Candera Mister. "The Role of Macroeconomic Factors as Moderating the Global Sharia Stock Index to the Indonesian Sharia Stock Index." Account and Financial Management Journal 06, no. 07 (2021): 2372–78. https://doi.org/10.47191/afmj/v6i7.01.

Full text

Abstract:

Abstract This study examined  the influence  of the global sharia stock index on the Indonesian sharia stock index considering macroeconomic factors and their moderating role. The Global sharia Stock Index in this study used  the Dow Jones sharia Market Index and the FTSE Global sharia Index Series. The role of moderation is proxied by inflation rate and exchange rate. The research data analysis method used multiple regression analysis and interaction test or moderating regression analysis. The results of the study showed  that there was  an influence of the Global Sha

APA, Harvard, Vancouver, ISO, and other styles

3

Budiandru, Budiandru. "ARCH and GARCH Models on the Indonesian Sharia Stock Index." JURNAL AKUNTANSI DAN KEUANGAN ISLAM 9, no. 1 (2021): 27–38. http://dx.doi.org/10.35836/jakis.v9i1.214.

Full text

Abstract:

Investments in Islamic stocks are in demand because of the profit-sharing system so that the company is more stable in facing uncertain global economic conditions. This study aims to analyze the volatility of the Indonesian Sharia Stock Index and the Indonesian Sharia Stock Index's potential in the future. We use daily data from 2012 to 2020 and the Autoregressive Conditionally Heteroscedasticity-Generalized Autoregressive Conditional Heteroskedasticity (ARCH-GARCH) method. The results show that the Indonesian Sharia Stock Index's volatility is influenced by the risk of the two previous period

APA, Harvard, Vancouver, ISO, and other styles

4

Iman, Shofal, Imron Mawardi, and Md Atiqur Rahman Sarker. "ANALYSIS OF INTERNATIONAL INDEX ON INDONESIAN SHARIA STOCK INDEX." Jurnal Ekonomi dan Bisnis Islam (Journal of Islamic Economics and Business) 6, no. 1 (2020): 60. http://dx.doi.org/10.20473/jebis.v6i1.10961.

Full text

Abstract:

This study aims to determine the influence of long-term and short-term global stock index on the Indonesian Islamic stock index. The approach used is a quantitative approach and uses the Error Correction Model (ECM) method. ECM is an analytical model that can be used in time series data to estimate the effect of independent variables on long-term and short-term use variables. The sample used was taken from secondary data, namely global stock index data consisting of the DJIA, N225 and HSI indices, and the Indonesian sharia stock index in the form of the ISSI index in the period of January 2013

APA, Harvard, Vancouver, ISO, and other styles

5

Franadita, Dwi, Aqwa Naser Daulay, and Budi Dharma. "A comparative analysis of factors determining the value of the Indonesian Sharia Stock Index (ISSI) before and after the Covid-19." Journal of Islamic Economics Lariba 10, no. 1 (2024): 271–86. http://dx.doi.org/10.20885/jielariba.vol10.iss1.art15.

Full text

Abstract:

IntroductionThe Covid-19 pandemic had profound impacts on global financial markets, prompting extensive research to understand how various economic sectors, including sharia-compliant stocks, responded to the crisis. ObjectivesThis study aims to compare the determinant factors affecting the ISS (Indonesian Sharia Stock Index) during the periods before and after Covid-19 in Indonesia.MethodA descriptive and verificative quantitative research method was employed, validating collected data and examining the relationships between variables using statistical procedures to test research hypotheses.

APA, Harvard, Vancouver, ISO, and other styles

6

Nevada, Shanfariza, and Rohmawati Kusumaningtias. "PENGARUH DOW JONES ISLAMIC MARKET INDEX DAN DAMPAK MAKROEKONOMI TERHADAP INDEKS SAHAM SYARIAH INDONESIA." At-tijaroh: Jurnal Ilmu Manajemen dan Bisnis Islam 6, no. 2 (2020): 147–60. http://dx.doi.org/10.24952/tijaroh.v6i2.2453.

Full text

Abstract:

This research aims to to identify the effect of the Dow Jones Islamic Market Index and the macroeconomic impact (global commodity prices of palm oil, coal, gold and nickel) on the Indonesian Sharia Stock Index. This study uses secondary data in the form of the movement of the Dow Jones Islamic Asia Pacific Index (DJIAP), the Indonesian Sharia Stock Index and global commodity prices (palm oil, coal, gold and nickel) for the period 2014-2019 with a total of 61 samples. Through SPSS statistical data analysis, it shows that partially the price of palm oil and gold commodities has a significant eff

APA, Harvard, Vancouver, ISO, and other styles

7

R, Abdul Azis. "Moderation of Dow Jones Industrial Average in the Dynamics of Indonesian Sharia Stock Index: Global Sharia Index and Macroeconomic Review." Jurnal Ilmiah Manajemen dan Bisnis 11, no. 1 (2025): 42. https://doi.org/10.22441/jimb.v11i1.32007.

Full text

Abstract:

This research seeks to examine the impact of the Global Islamic Stock Index (Dow Jones Islamic Market US) and macroeconomic factors (Inflation, BI Rate, Exchange Rate, and Money Supply) on the Indonesian Sharia Stock Index, with the Dow Jones Industrial Average (DJIA) acting as a moderating variable. Employing a quantitative methodology, the study incorporates descriptive analysis and hypothesis testing using the SmartPLS application to assess estimation outcomes. Secondary data from 2014 to 2023, including monthly Inflation, BI Rate, Exchange Rate, and Money Supply figures, taken from the off

APA, Harvard, Vancouver, ISO, and other styles

8

Rizqi Febriandika, Nur, Fifi Hakimi, Maratul Awalliyah, and Yayuli. "Contagion and spillover effects of global financial markets on the Indonesian Sharia Stock Index post-COVID-19." Investment Management and Financial Innovations 20, no. 3 (2023): 35–47. http://dx.doi.org/10.21511/imfi.20(3).2023.04.

Full text

Abstract:

This study aims to examine the spillover and contagion effects of global financial markets on the Indonesian Sharia Stock Index (ISSI) post-COVID-19. The study uses the Vector Error Correction Model method to explore the short-term and long-term relationships between ISSI and global financial markets. The data used in this study are time series data, namely the ISSI and several other countries that have a significant influence on the global economy, which were observed from May to July 2022. The results of the study show that the USD has a positive influence on ISSI in the short and long term.

APA, Harvard, Vancouver, ISO, and other styles

9

Mulatsih, Srie Nuning, and Ulfa Septiani. "UNRAVELING THE ROLE OF EXCHANGE RATES: BRIDGING GOLD AND OIL PRICES TO INDONESIA’S SHARIA STOCK INDEX." EL DINAR: Jurnal Keuangan dan Perbankan Syariah 13, no. 1 (2025): 77–101. https://doi.org/10.18860/ed.v13i1.31714.

Full text

Abstract:

This study analyzes the factors influencing the Sharia Stock Index in Indonesia based on world gold prices, crude oil prices, and BI Rate. Furthermore, to observe more complex conditions, the exchange rate was included as a form of mediation. The data in this study are time-series data collected from May 2011 to December 2023. The data were analyzed using time-series data regression, which involved mediating variables. The results show that world gold prices, crude oil prices, and the BI rate significantly affect the Indonesian Sharia Stock Index. The exchange rate mediates the effect of gold

APA, Harvard, Vancouver, ISO, and other styles

10

Noviyani, Safiinatul Jannah, and Rusdi Hidayat Nugroho. "Pengaruh Indeks Dow Jones Industrial Average (DJIA), Tingkat Inflasi, Bi 7-Day Repo Rate, dan Kurs USD/IDR terhadap Indeks Saham Syariah IndonesiA (ISSI) di Bursa Efek Indonesia (BEI)." Al-Kharaj : Jurnal Ekonomi, Keuangan & Bisnis Syariah 5, no. 1 (2022): 93–107. http://dx.doi.org/10.47467/alkharaj.v5i1.1130.

Full text

Abstract:

Indonesia is one of the largest Muslim countries in the world that makes sharia investments in the capital market with efforts to develop the Islamic financial sector. Several factors that influence stock price fluctuations include global indices and macroeconomic variables. This study aims to determine the simultaneous and partial effect of the Dow Jones Industrial Average (DJIA), Inflation Rate, BI 7-Day Repo Rate, and USD/IDR Exchange Rate on the Indonesian Sharia Stock Index (ISSI). This study uses secondary data in the form of monthly index summary reports obtained from financial websites

APA, Harvard, Vancouver, ISO, and other styles

11

Budiandru, Budiandru, Deni Nuryadin, and Muhammad Dika Pratama. "Analysis of Integration of the Indonesian Sharia Stock Index with Developing Countries." Equilibrium: Jurnal Ekonomi Syariah 9, no. 2 (2021): 347. http://dx.doi.org/10.21043/equilibrium.v9i2.12387.

Full text

Abstract:

<p><em>Globalization is rapidly causing an integration of economic and financial systems worldwide, resulting in shocks to the Islamic stock index and reducing the benefits of diversification for investors. Therefore, this study analyzes the integration, influence, response, and contribution of shocks to each developing country’s Islamic stock index. Specifically, analyzing the effect of developing country sharia stock index shocks on Indonesia's sharia stock index. The study uses monthly time series data for 2011-2021 with samples from Indonesia, Turkey, Malaysia, Pakistan, Kuwait

APA, Harvard, Vancouver, ISO, and other styles

12

Rahmawati, Fitri, and Nirmala Baini. "Dampak Variabel Makro Ekonomi Domestik dan Global Terhadap Indeks Saham Syariah Indonesia (ISSI) Periode Mei 2011--Mei 2019." Li Falah: Jurnal Studi Ekonomi dan Bisnis Islam 4, no. 2 (2020): 190. http://dx.doi.org/10.31332/lifalah.v4i2.1473.

Full text

Abstract:

This study aims to find out empirically the effect of macroeconomics variables on the movements of the Indonesian Islamic Stock Index (ISSI). This research uses quantitative research methods, using multiple linear regression analysis models. Data collection uses secondary data from documentation related data. Data is taken from the monthly closing price of each variable from May 2011 to May 2019. The research test uses the t test and F test and is processed using Eviews8. The results showed that BI Rate and Exchange Rates (Kurs) has a negative and signifcant impact on Indonesia Sharia Stock In

APA, Harvard, Vancouver, ISO, and other styles

13

Habibi, Ahmad, Khavid Normasyhuri, and Erike Anggraeni. "The Indonesian Sharia Capital Market in Shock Covid-19: Global Market Interaction." Equilibrium: Jurnal Ekonomi Syariah 10, no. 2 (2022): 381. http://dx.doi.org/10.21043/equilibrium.v10i2.16457.

Full text

Abstract:

<p><em>Covid-19 has caused problems, including the global Islamic capital market. The rapid and extraordinary development of Covid-19 has rocked sharia investment in Indonesia. This study looks at the interaction of the global Islamic stock market with the Indonesian Islamic stock market, namely the Jakarta Islamic Index (JII), in the Covid-19 shock. Data is collected from within the global Islamic capital market sourced from the Dow Jones Islamic Market World Index, and the Indonesian Islamic capital market is sourced from the Indonesia Stock Exchange (IDX). They are generalizing

APA, Harvard, Vancouver, ISO, and other styles

14

Setianingsih, Hesti Eka, Nurul Fauziyah, and Fuad Hasyim. "Investor Sentiment and Stock Return Volatility: Implication of The Israel-Palestine Conflict on Sharia Stocks in Indonesia." Muslim Business and Economics Review 3, no. 2 (2024): 178–99. https://doi.org/10.56529/mber.v3i2.300.

Full text

Abstract:

The escalation of the Israel-Palestine conflict has garnered global attention. Public condemnation through mass boycotts of pro-Israel products has significantly impacted capital markets, particularly the sharia stock market in countries with Muslim majority populations. The volatility of sharia stock returns becomes a crucial focal point in this context as it serves as a sensitive indicator of geopolitical events and changes in investor sentiment. This study investigates the connection between the volatility of sharia stock returns in Indonesia and investor sentiment as a result of the Israel

APA, Harvard, Vancouver, ISO, and other styles

15

Setyaningsih, Purbawati, Roikhan Mochamad Aziz, and Puji Hadiyati. "Analysis of Ziswaf, Production Index and Sharia Stock Index on Economic Growth." Jurnal Pasar Modal dan Bisnis 1, no. 2 (2019): 221–42. http://dx.doi.org/10.37194/jpmb.v1i2.32.

Full text

Abstract:

This study analyzes the influence ZISWAF, Gini ratio, the total export value, the index of industrial production, sharia stock index investment to GDP growth, in the short and long term. Qualitative data were taken from BPS, Baznas, ACT Global Waqf, the FSA from March 2006 until December 2017 using the methodology of The Error Correction Model (ECM). The results of this study indicate that the variable Gini Ratio, Ziswaf, Total exports, Production Index and Sharia Stock Index on GDP economic growth have significant and positive effects in the long term and the short term. Meaning that these va

APA, Harvard, Vancouver, ISO, and other styles

16

Sahara, Safira, Muhamad Subhi Apriantoro, and Rozi Irfan Rosyadhi. "Systematic Review of Shariah Stock Investments Globally: A Decade of Progress and Trends Analysis." TAWAZUN : Journal of Sharia Economic Law 7, no. 2 (2024): 200. https://doi.org/10.21043/tawazun.v7i2.29609.

Full text

Abstract:

<p>This study aims to explore the global development of Sharia-compliant stock investment by examining renowned international journal publications. This study employs a methodical literature review approach to look for papers using the term “Islamic Stocks” utilizing the Scopus aggregator. The author reviewed 71 research publications on Islamic shares published between 2014 to 2023. Based on these findings, the diversification of Islamic stocks provides notable benefits as it considers economic groupings ranging from industrialized to emerging nations. Islamic investment principles and m

APA, Harvard, Vancouver, ISO, and other styles

17

Andriani, Selvia, Moeljadi, and Siti Aisjah. "Returns and Investors' Risk Perception as the Determinants of Sharia Index Integration During Covid-19." Journal of Economics, Finance and Management Studies 06, no. 07 (2023): 3543–49. https://doi.org/10.5281/zenodo.8198815.

Full text

Abstract:

Capital market liberalization provides international diversification opportunities for investors in the capital market. However, developments in information technology that lead to the speed of information dissemination encourage capital market integration, in which a country's capital market will relate to other countries' capital markets. This study uses a quantitative approach and determines the Jakarta Islamic Index (JII) and the Dow Jones Islamic Market Index (DJIMI) as research samples. The method used is GARCH and Sobel test. The study results show that Indonesia's Islamic s

APA, Harvard, Vancouver, ISO, and other styles

18

Sanusi, Muhammad, Jihad Jihad, and Imron Mawardi. "Impact of Macroeconomic Variabel and Global Indices on Islamic Stock Index: The Case Indonesia." Ihtifaz: Journal of Islamic Economics, Finance, and Banking 4, no. 1 (2020): 45. http://dx.doi.org/10.12928/ijiefb.v4i1.2628.

Full text

Abstract:

Introduction to The Problem: The movement of the Islamic stock index can be influenced by changes in domestic macroeconomic conditions, not only domestic macroeconomics but also influenced by the stock markets of other countries.Purpose/Objective Study: The main objective of this study is to analyze the influence of the domestic macroeconomic and global stock indices on the Indonesian sharia stock index.Design/Methodology/Approach: This study uses a quantitative methodology with secondary data. The data sample method is saturated sample that all members of the population are used to be the res

APA, Harvard, Vancouver, ISO, and other styles

19

Choiruddin, Choiruddin, Safrizal Safrizal, Dewi Sartika, et al. "Islamic Stock Market Efficiency: Volatility and Performance Analysis Amid Global Economic Uncertainty." Journal Transnational Universal Studies 3, no. 1 (2025): 21–27. https://doi.org/10.58631/jtus.v3i1.144.

Full text

Abstract:

The efficiency of the Islamic stock market is pivotal amid global economic uncertainties, serving as a resilient alternative to conventional markets through adherence to sharia principles. This study aims to analyze the efficiency, volatility, and performance of the Indonesian Islamic stock market (Jakarta Islamic Index/JII) over a five-year period (2019–2024), reflecting global economic challenges. Using a quantitative approach, this research employs volatility and performance analysis models with data drawn from financial reports and macroeconomic indicators. Findings reveal that while the I

APA, Harvard, Vancouver, ISO, and other styles

20

Zulaiha Fatimah and Trischa Relanda Putra. "Dynamics of the Indonesian Sharia Stock Index and Macroeconomic Factors: An Analysis Using the Vector Error Correction Model (VECM)." Journal of Business and Management Review 6, no. 3 (2025): 258–73. https://doi.org/10.47153/jbmr.v6i3.1488.

Full text

Abstract:

Research Aims: This study examines how several macroeconomic factors influence shifts in the Indonesian Sharia Stock Index (ISSI). The analyzed factors include M2, currency exchange rates, the Industrial Production Index (IPI), inflation, the BI Rate, and global gold prices. Design/methodology/approach: The study employs a quantitative approach using monthly secondary data from 2014 to 2023. The Vector Error Correction Model (VECM) is used to determine both short-term and long-term relationships between variables. Additionally, Variance Decomposition (VD) and Impulse Response Function (IRF) an

APA, Harvard, Vancouver, ISO, and other styles

21

Akmal, Denara, Asti Aini, Khalisa Erlinda Evania, Yani Aguspriyani, and Juheti Juheti. "The Role of Inflation and Interest Rates in Influencing the Performance of Sharia Stocks." Ekonomi, Keuangan, Investasi dan Syariah (EKUITAS) 6, no. 2 (2024): 84–92. https://doi.org/10.47065/ekuitas.v6i2.6233.

Full text

Abstract:

This study aims to investigate the role of inflation and interest rates in influencing the performance of Sharia-leading stocks, especially those included in the Jakarta Islamic Index (JII). Globally, Indonesia has become the seventh leading center of sharia finance. Global challenges and fluctuating domestic economic conditions have suppressed the performance of sharia stocks since 2023. Sharia stocks' unique characteristics distinguish them from conventional capital markets, creating a research gap in understanding the factors influencing them. This study used a quantitative approach and the

APA, Harvard, Vancouver, ISO, and other styles

22

Pratitis, Feren Anggun, and Taufiq Andre Setiyono. "Komparasi Indeks Saham Syariah Indonesia (ISSI) Sebelum dan Saat Pandemi Covid-19." JIEF : Journal of Islamic Economics and Finance 1, no. 1 (2021): 68–79. http://dx.doi.org/10.28918/jief.v1i1.3730.

Full text

Abstract:

 Corona Virus Dieases 2019 (Covid-19) has become a global pandemic that has hit almost all countries. No exception, Indonesia is also the place where the epidemic has hit. Apart from the health sector, the economic sector is one of the sectors most affected as well. This can beseen in the country's economic recession and the decline in the stock price index. This research aims to determine the comparison of the Islamic stock index before and during the Covid-19 pandemic. Method this research is to use quantitative descriptive analysis method using paired sample t-test. The research was c

APA, Harvard, Vancouver, ISO, and other styles

23

Amijaya, Rachmania Nurul Fitri, Mohammad Yusron Sholikhin, and Azizah Esti Pratiwi. "The Determinant Factors on The Movement of Sharia stock in Indonesia." International Journal of Islamic Business Ethics 5, no. 1 (2020): 60. http://dx.doi.org/10.30659/ijibe.5.1.60-72.

Full text

Abstract:

This study aims to examine the determinant factors that influence Islamic stocks, JII. The development of the global economy will have an impact on economic turnover in Indonesia. This condition leads to sharing prices will be affected by the global economy. Strengthening in various sectors is needed so that JII stability can be maintained. This study uses quantitative methods with the Vector Error Correction Model (VECM) analysis which can determine the factors that influence the Jakarta Islamic Index (JII) in the long run. The time-series data used is monthly data from January 2011 to Decemb

APA, Harvard, Vancouver, ISO, and other styles

24

Putra, Feri Sukma, and Rusdi Hidayat N. "Pengaruh Indeks Global, Harga Minyak Dunia dan Variabel Makroekonomi terhadap Indeks Harga Saham Jakarta Islamic Index (JII)." Al-Kharaj : Jurnal Ekonomi, Keuangan & Bisnis Syariah 4, no. 6 (2022): 1816–35. http://dx.doi.org/10.47467/alkharaj.v4i6.1099.

Full text

Abstract:

Indonesia is the country with the largest muslim population in the world, so information related to sharia stock indexes has a fairly important role to understand capital market dynamics and investment decisions. This research aims to find out the simultaneous and partial influence of the Dow Jones Industrial Average, World Oil Prices, BI 7-Day reverse Repo Rate and Inflation on the Jakarta Islamic Index stock index on the Indonesia Stock Exchange. This study uses a type of skunder data in the form of historical records of reports per end of the month of the index obtained from the official fi

APA, Harvard, Vancouver, ISO, and other styles

25

Sahabuddin, Mohammad, Junaina Muhammad, Mohamed Hisham Dato' HjYahya, Sabarina Mohammed Shah, and Mohammad Mizanur Rahman. "The Co-Movement between Shariah Compliant and Sectorial Stock Indexes Performance in Bursa Malaysia." Asian Economic and Financial Review 8, no. 4 (2018): 515–24. http://dx.doi.org/10.18488/journal.aefr.2018.84.515.524.

Full text

Abstract:

Islamic financial market is the growing innovation of global financial market which moves together with conventional and sectorial counterpart in many countries. As the fastest growing investment component, Shariah compliant stock index in Bursa Malaysia has picked up positive momentum and attracted more attention to the investors, policy makers, issuers and researchers. The main objective of this study is to investigate the co-movement between Shariah compliant stock and sectorial stocks indexes performance in Bursa Malaysia using a standard time series techniques. For understanding a long ru

APA, Harvard, Vancouver, ISO, and other styles

26

Akbar, Aldi, Budi Rustandi Kartawinata, and Agus Maolana Hidayat. "Global Board Market Index Shariah: A Comprehensive Analysis of the 2020-2023 Trends." Journal of Business Management and Economic Development 2, no. 02 (2024): 713–29. http://dx.doi.org/10.59653/jbmed.v2i02.693.

Full text

Abstract:

Global stock markets experienced several spikes and dips during the pandemic. In March 2020, there was a sharp decline in many stock exchanges around the world, known as "Black Thursday". Major stock indice such as S&P 1200 Global Board Market Index (BMI) Shariah experienced significant declines in a short period of time. However, since those declines, global stock markets have experienced a strong recovery. Huge economic stimulus, hopes for a COVID-19 vaccine, and measures to ease restrictions have made investors more optimistic. Many major stock indices have managed to reach new highs in

APA, Harvard, Vancouver, ISO, and other styles

27

Layaman, Layaman, Abdul Muizz Abdul Wadud, Aan Jaelani, and Zazilatul Mawaddah. "Macroeconomic Determinants of Islamic Stock Market Performance: An Analysis of Interest Rates, Inflation, Exchange Rates and Gold Prices." Li Falah: Jurnal Studi Ekonomi dan Bisnis Islam 9, no. 1 (2025): 15. https://doi.org/10.31332/lifalah.v1i1.10773.

Full text

Abstract:

This study investigates how key macroeconomic variables influence the Islamic stock market in Indonesia through analysis of the Jakarta Islamic Index (JII). The research examines the impact of interest rates, inflation, exchange rates, and global gold prices on Islamic stock price movements, using monthly time series data from 2017 to 2021. The study employs multiple linear regression analysis with classical assumption tests to analyze the relationships between these variables. The findings reveal that interest rates have a significant positive effect on Islamic stock prices, while exchange ra

APA, Harvard, Vancouver, ISO, and other styles

28

Muhammad Ahsanul Amal and Muhammad Wakhid Musthofa. "The Impact of the Dow Jones Islamic Market, Interest Rate, Rupiah Exchange Rate, and Inflation on the Indonesian Sharia Stock Index during 2018-2022 Period." Jurnal Ekonomi Syariah Teori dan Terapan 10, no. 2 (2023): 188–202. http://dx.doi.org/10.20473/vol10iss20232pp188-202.

Full text

Abstract:

ABSTRACT The research aims to determine the impact of the Dow Jones Islamic Market (DJIM), Interest Rates, Rupiah Exchange Rate, and Inflation on the Indonesian Sharia Stock Index (ISSI). This research is a quantitative research with data processing using Eviews 10 software. Data collection uses secondary data of the time series type and the method of analysis used is multiple linear regression. Before data analysis was carried out, the researcher conducted a classic assumption test to ensure that the model met the assumptions of the OLS method. The data is taken from the monthly closing price

APA, Harvard, Vancouver, ISO, and other styles

29

Supitriyani, Supitriyani, Musa Fernando Silaen, and Marto Silalahi. "Determining Factors for Sharia Stock Investment Decisions that Have An Impact on Value Recovery Companies During A Pandemic." Journal of Governance Risk Management Compliance and Sustainability 2, no. 2 (2022): 56–66. http://dx.doi.org/10.31098/jgrcs.v2i2.1161.

Full text

Abstract:

Due to the company's ongoing global expansion, numerous investors are competing to invest their money in it. The purpose of this is to get ready for the future. The stock prices of numerous companies have fallen as a result of the COVID-19 pandemic. But this actually causes Islamic stocks to rise gradually until they finally experience an increase in investors each year. In order to help investors who are considering investing in sharia-based companies, this study aims to test the effects of the determinants of the determinants of Sharia stock investment decisions on company value. Purposive s

APA, Harvard, Vancouver, ISO, and other styles

30

Qudratullah, Mohammad Farhan. "Perbandingan Berbagai Model Conditionally Heteroscedastic Time Series Dalam Analisis Risiko Investasi Saham Syariah Dengan Metode Value At Risk." Jurnal Fourier 2, no. 1 (2013): 1. http://dx.doi.org/10.14421/fourier.2013.21.1-9.

Full text

Abstract:

Value at Risk (VaR) is one of the tools recommended Bank Indonesia to gauge the risk of an investment, the VaR approach tends to be more associated with the conventional assumption of a normal distribution, while contemporary empirical findings indicate the existence of patterns of abnormality in the nature of statistical data, especially on financial data. Up to this time shares in the Jakarta Islamic Index (JII) is still heavily influenced by the dynamics of market volatility which one, so the necessary in-depth analysis to help investors make the right decisions in investing. This research

APA, Harvard, Vancouver, ISO, and other styles

31

Bukhari, Syed Faisal Hasssan, Waqar Yasir, Christian Espinosa Méndez, and Zia Mustafa. "Sectoral Comparison of Herding During Global Financial Crisis and Covid-19: Comparative Analysis of Shariah Compliant and Conventional Stocks." Journal of Economic Impact 5, no. 3 (2023): 202–10. http://dx.doi.org/10.52223/econimpact.2023.5304.

Full text

Abstract:

The worldwide financial environment has experienced substantial upheavals amid both the Global Financial Crisis (GFC) and the COVID-19 pandemic. Gaining insight into investor behavior, with a specific focus on herd behavior, during these periods is essential for a comprehensive understanding of market dynamics. The authors intend to compare and analyze investor herding behavior in the Pakistani Stock market, specifically focusing on shariah-compliant and conventional stocks during both the Global Financial Crisis (GFC) and the COVID-19 pandemic. The study explores how stock return dispersions

APA, Harvard, Vancouver, ISO, and other styles

32

Irwaningtyas, Maulidya Firdaus, Puji Sucia Sukmaningrum, and Sulistya Rusgianto. "Investor Sentiments, the COVID-19 Pandemic and Islamic Stock Return Volatility in Indonesia." ISRA International Journal of Islamic Finance 15, no. 3 (2023): 100–114. http://dx.doi.org/10.55188/ijif.v15i3.613.

Full text

Abstract:

Purpose — This study aims to investigate the effect of investor sentiments, as measured by the Consumer Confidence Index (CCI), and the impact of COVID-19 on Islamic stock return volatility proxied by the Indonesia Sharia Stock Index (ISSI). Design/Methodology/Approach — This study employs the GARCH (1,1) model to test the impact of investor sentiments and COVID-19 on the volatility of Islamic stock returns using monthly data from July 2011 to December 2021. Findings — The findings of this study indicate that investor sentiments negatively impact the volatility of Islamic stock ret

APA, Harvard, Vancouver, ISO, and other styles

33

Qudratullah, Mohammad Farhan. "Analisis Kinerja Saham Syariah Indonesia dan Malaysia Periode 2011-2018." Jurnal Ilmiah Ekonomi Islam 8, no. 1 (2022): 171. http://dx.doi.org/10.29040/jiei.v8i1.4391.

Full text

Abstract:

Indonesia and Malaysia are two countries in Southeast Asia that are always included in the top ten countries in the world that have the health and development of Islamic Finance according to the State of The Global Islamic Economy (GEI) Report. This study analyzes the performance of Indonesian sharia stocks that are incorporated in the Jakarta Islamic Index (JII) and Malaysian Islamic stocks that are incorporated in the FTSE Bursa Malaysia Hijrah Shariah Index (FHSI) for the period 2011-2018 with a technical analysis approach using 4 indicators, namely: return, volatility, Value at Risk (VaR),

APA, Harvard, Vancouver, ISO, and other styles

34

Lestari, Veronika Nugraheni Sri, Dwi Cahyono, Nila Romatal Azah, and Devy Mei Ariyanti. "Pendampingan Pentingnya Strategi dalam Meningkatkan Minat Nasabah terhadap Investasi Saham di Surabaya." Janaka, Jurnal Pengabdian Masyarakat 2, no. 2 (2020): 84–89. http://dx.doi.org/10.29062/janaka.v2i2.212.

Full text

Abstract:

Capital markets are often interpreted as a market for a long-term financial instrument (securities) (its maturity is more than 1 year). In addition to that understanding, the capital market is also often associated as a place for the transaction of the party that needs funds (the company) and the Excess party (financier). The initial step of Sharia capital market developments in Indonesia began with the issuance of sharia funds on 25 June 1997 followed by the issuance of sharia bonds at the end of 2002, followed by the presence of the Jakarta Islamic Index (JII) in July 2000. The marketable se

APA, Harvard, Vancouver, ISO, and other styles

35

Qizam, Ibnu, Misnen Ardiansyah, and Abdul Qoyum. "Integration of Islamic capital market in ASEAN-5 countries." Journal of Islamic Accounting and Business Research 11, no. 3 (2020): 811–25. http://dx.doi.org/10.1108/jiabr-08-2019-0149.

Full text

Abstract:

Purpose The purpose of this study is to investigate the nature and integration of Islamic stock markets across the Association of Southeast Asian Nations (ASEAN-5) countries for economic community (AEC) development. Design/methodology/approach Using samples of daily closing prices from 2009 to 2014 across ASEAN-5 countries, co-integration and Granger-causality tests were applied. Findings This research finds that Islamic capital markets across ASEAN-5 countries remain highly integrated despite the global financial crisis of 2008, and it also finds the integration strength between Jakarta Islam

APA, Harvard, Vancouver, ISO, and other styles

36

Shah, Nida, Muhammad Nadeem Qureshi, and Yasra Aslam. "An Empirical Investigation of Islamic Calendar Effect in Global Islamic Equity Indices." International Journal of Economics and Finance 9, no. 6 (2017): 57. http://dx.doi.org/10.5539/ijef.v9n6p57.

Full text

Abstract:

This study aims to explore the effect of Islamic Months specifically Ramadan and Zil-Haj on the stock returns and volatility of the Islamic Global Equity Indices. For the said purpose, the data on three Global Equity Islamic Indices including; Dow Jones Islamic Market World Index, MSCI ACWI Islamic Index, and S&P Global BMI Shariah Index are collected from 5th Jan 2011 (1st Muharram 1432 A.H.) to 12th November 2015 (30th Muharram 1437 A.H.). Ordinary Least Square (OLS) and GARCH (1,1) regression methods are applied to analyze the impact of the Islamic months on global stock returns and vol

APA, Harvard, Vancouver, ISO, and other styles

37

Yanti, Tia Novi, and Dahruji. "Window Dressing Detection in the Energy Sector Industry Listed on the Indonesian Sharia Stock Index." Jurnal Ekonomi Syariah Teori dan Terapan 9, no. 6 (2022): 800–814. http://dx.doi.org/10.20473/vol9iss20226pp800-814.

Full text

Abstract:

ABSTRAK Penelitian ini mempunyai tujuan yaitu ingin menganalisis apakah terdapat indikasi window dressing dalam laporan keuangan dilihat dari nilai cash holding, financial leverage dan nilai perusahaan pada sektor energi yang terdaftar di Indeks Saham Syariah Indonesia (ISSI) Bursa Efek Indonesia selama periode 2017-2020. Metode penelitian yang diterapkan yakni uji Beda t-test menggunakan uji Mann Whitney. Sampel yang dipakai ada 22 perusahaan sektor energi di ISSI BEI untuk rentang waktu 2017 triwulan pertama sampai 2020 triwulan keempat. Berdasarkan hasil analisa dalam riset ini membuktikan

APA, Harvard, Vancouver, ISO, and other styles

38

Antonio, Muhammad Syafii, Hafidhoh Hafidhoh, and Hilman Fauzi. "THE ISLAMIC CAPITAL MARKET VOLATILITY: A COMPARATIVE STUDY BETWEEN IN INDONESIA AND MALAYSIA." Buletin Ekonomi Moneter dan Perbankan 15, no. 4 (2013): 391–415. http://dx.doi.org/10.21098/bemp.v15i4.73.

Full text

Abstract:

This study attempts to examine the short-term and long-term relationship among selected global anddomestic macroeconomic variables fromeach country (Fed rate, crude oil price, Dow Jones Index, interest rate, exchange rate and inflation) for Indonesia and Malaysia Islamic capital market (Jakarta Islamic Index (JII) and FTSE Bursa Malaysia Hijrah Shariah Index (FHSI). The methodology used in this study is vector error correction model (VECM) for the monthly data starting from January 2006 to December 2010. The result shows that in the long-term, all selectedmacroeconomic variables except Dow Jon

APA, Harvard, Vancouver, ISO, and other styles

39

Lusyana, Devi, and Mohamed Sherif. "Shariah-compliant investments and stock returns: evidence from the Indonesian stock market." Journal of Islamic Accounting and Business Research 8, no. 2 (2017): 143–60. http://dx.doi.org/10.1108/jiabr-10-2015-0052.

Full text

Abstract:

Purpose The purpose of this paper is to investigate the impact of the Indonesia Shariah-compliant Stock Index (ISSI) on the performance of included shares. In essence, the authors ask whether the establishment of the ISSI provides abnormal returns for the firms that are not included in the Jakarta Index. Design/methodology/approach The authors use an event study methodology to estimate cumulative abnormal returns in the days surrounding the event to examine the relationship between Shariah-compliant investments and stock returns. The estimation window of 90 trading days prior to the event (−30

APA, Harvard, Vancouver, ISO, and other styles

40

Wulandari, Nurafifah, and Rahmat Saleh. "Analysis of CSR Disclosure Practice in Sustainability Reports: A Case Study of Mining and Agriculture Companies in the Indonesia Sharia Stock Index." Widya Cipta: Jurnal Sekretari dan Manajemen 8, no. 2 (2024): 153–61. https://doi.org/10.31294/widyacipta.v8i2.22818.

Full text

Abstract:

The urgent need for CSR disclosure is not only for the company's internal needs in accountability, transparency, risk management, and business sustainability but also includes compliance with regulations and ensuring the reputation of the company's image for the trust of stakeholders, especially the surrounding community. The current situation related to the activities of mining and agricultural companies, which are risky and sensitive to the social environment and political economy, has become a major concern for various parties in Indonesia. Corporate Social Responsibility (CSR) has now beco

APA, Harvard, Vancouver, ISO, and other styles

41

Antonio, Muhammad Syafii, Hafidhoh Hafidhoh, and Hilman Fauzi. "THE ISLAMIC CAPITAL MARKET VOLATILITY: A COMPARATIVE STUDY BETWEEN IN INDONESIA AND MALAYSIA." Buletin Ekonomi Moneter dan Perbankan 15, no. 4 (2013): 377–400. http://dx.doi.org/10.21098/bemp.v15i4.432.

Full text

Abstract:

This study attempts to examine the short-term and long-term relationship among selected global and domestic macroeconomic variables from each country (Fed rate, crude oil price, Dow Jones Index, interest rate, exchange rate and inflation) for Indonesia and Malaysia Islamic capital market (Jakarta Islamic Index (JII) and FTSE Bursa Malaysia Hijrah Shariah Index (FHSI). The methodology used in this study is vector error correction model (VECM) for the monthly data starting from January 2006 to December 2010. The result shows that in the long-term, all selected macroeconomic variables except Dow

APA, Harvard, Vancouver, ISO, and other styles

42

Muhammad Khozin Ahyar, Angga Hergastyasmawan, and Dzul Febrian. "The Impact of the Covid-19 Pandemic and Macroeconomics on the Sharia Stock Indexes in Indonesia." Jurnal Ekonomi Syariah Teori dan Terapan 10, no. 4 (2023): 322–36. http://dx.doi.org/10.20473/vol10iss20234pp322-336.

Full text

Abstract:

ABSTRACT The Covid-19 pandemic has changed economic conditions in various countries, including Indonesia. One of the sectors affected is the capital market sector which can also describe the economic condition of a country through the stock index. This article aimed to analyze the impact of Covid-19 and the macroeconomics on the Islamic stock index in Indonesia (ISSI and JII). Macroeconomic variables are included in the model as an update. This study used a quantitative method using the VECM model. Research variable data were obtained from investing websites (ISSI and JII), Indonesian covid-19

APA, Harvard, Vancouver, ISO, and other styles

43

Makinudin, Ahmad Rizqi, Ali Rama, and Zuhairan Yunmi Yunan. "Analysis of Environmental Performance and Tax Aggressiveness on CSR Disclosure: A Study of PROPER KLH Companies in the Indonesian Sharia Stock Index 2017-2022." Al-Muamalat: Jurnal Ekonomi Syariah 11, no. 2 (2024): 322–40. http://dx.doi.org/10.15575/am.v11i2.34015.

Full text

Abstract:

This study investigates the factors influencing Corporate Social Responsibility (CSR) disclosure among companies listed in the PROPER KLH within the Indonesian Sharia Stock Index (ISSI) from 2017 to 2022. Utilizing a quantitative approach, the research employs secondary data and panel data regression analysis. The results reveal that environmental performance, company age, and tax aggressiveness significantly affect CSR disclosure, as measured by the Global Reporting Initiative (GRI) index. These findings underscore the crucial role of these factors in shaping a company's commitment to social

APA, Harvard, Vancouver, ISO, and other styles

44

Tabash, Mosab I., Mohammad Sahabuddin, Fatima Muhammad Abdulkarim, Basem Hamouri, and Dang Khoa Tran. "Dynamic Dependency between the Shariah and Traditional Stock Markets: Diversification Opportunities during the COVID-19 and Global Financial Crisis (GFC) Periods." Economies 11, no. 5 (2023): 149. http://dx.doi.org/10.3390/economies11050149.

Full text

Abstract:

The aim of the present research is to highlight whether there exist any diversification opportunities from investing in developed and developing countries’ Shariah-compliant and non-Shariah-compliant stock markets during global financial crisis (GFC) and the COVID-19 pandemic periods. For this purpose, we employ daily data for both Shariah and non-Shariah indices from 29 October 2007 to 31 December 2021. The study uses multivariate GARCH-DCC and wavelet approaches to examine if there exist diversification opportunities in the selected markets. Evidence from this study shows that although the d

APA, Harvard, Vancouver, ISO, and other styles

45

Marina, Nisha, Muhammd Ridha Habibi, Abdul Fatah Hassanudin, Nurjaman, and Anggriyani. "PENGARUH GOOD CORPORATE GOVERNANCE DAN KEBIJAKAN MANAJEMEN CSR TERHADAP PROFITABILITAS DI INDEKS SAHAM SYARIAH INDONESIA." Jurnal Investasi 8, no. 4 (2022): 61–71. http://dx.doi.org/10.31943/investasi.v8i4.228.

Full text

Abstract:

The purpose of this study is to analyze whether good corporate governance and corporate social responsibility can affect the level of company profitability. Which is where GCG is proxied by managerial ownership, institutional ownership, and the independence of the Board of Commissioners. CSR is proxied using the Global Reporting Initiative (GRI) G-4 indicator with 91 assessment indicators, which consist of 9 points of economic performance assessment, 34 points of environmental performance assessment, 16 points of assessment of labor practices and work comfort, 12 points of human rights assessm

APA, Harvard, Vancouver, ISO, and other styles

46

Qudratullah, Mohammad Farhan. "Analisis Tipologi Saham Syariah Di Bursa Efek Indonesia Berdasarkan Nilai Return Dan Resiko (Value At Risk) Pasca Krisis Global 2008." Jurnal Fourier 1, no. 1 (2012): 17. http://dx.doi.org/10.14421/fourier.2012.11.17-26.

Full text

Abstract:

Since the signed memorandum of understanding between BAPEPAM with Dewan Syariah Nasional-Majelis Ulama Indonesia (DSN-MUI) on the principle of Islamic capital market in 2003, the Islamic capital market in Indonesia has developed significantly. In each investment, including Islamic capital market investment, there are 2 (two) fundamental things that always accompany it, the return and risks. This paper discusses the analysis of return and risk of sharia stocks that always go in Jakarta Islamic Index (JII) after the global crisis in 2008, risk analysis tools using Value at risk (VaR) approach to

APA, Harvard, Vancouver, ISO, and other styles

47

Nastiti, Ari Sita, and Gardina Aulin Nuha. "Islamic Corporate Governance and Intellectual Capital: Drivers or Detractors of Sustainability Disclosure?" Share: Jurnal Ekonomi dan Keuangan Islam 14, no. 1 (2025): 542–62. https://doi.org/10.22373/share.v14i1.26051.

Full text

Abstract:

This study investigates the relationship between Islamic Corporate Governance (ICG), intellectual capital, and the disclosure of sustainability reports among companies listed on the Indonesia Sharia Stock Index (ISSI). As sustainability reporting becomes increasingly important in promoting transparency and ethical accountability, especially within Islamic economic systems, this research aims to evaluate whether Sharia-based governance and intangible assets influence sustainability disclosure practices. Using a purposive sampling method, data were collected from 69 companies listed on the Jakar

APA, Harvard, Vancouver, ISO, and other styles

48

Hidayati, Nurul, and Puji Sucia Sukmaningrum. "FAKTOR YANG MEMPENGARUHI VOLATILITAS HARGA SAHAM PADA EMITEN YANG TERDAFTAR DI JAKARTA ISLAMIC INDEX." Jurnal Ekonomi Syariah Teori dan Terapan 8, no. 6 (2021): 706. http://dx.doi.org/10.20473/vol8iss20216pp706-713.

Full text

Abstract:

ABSTRAKTujuan dari penelitian ini yaitu meneliti pengaruh kebijakan dividen, volume perdagangan, volatilitas laba, ukuran perusahaan dan tingkat hutang terhadap volatilitas harga saham di emiten yang terdaftar di JII dari tahun 2015 sampai 2019. Adapun manfaat dari penelitian ini dalam eksistensi pasar finansial secara global karena dapat mengukur tingkat risiko. Penelitian ini dibantu dengan alat analisis Eviews 10. Regresi data panel dipilih dalam penelitian ini. Hasil penelitian membuktikan bahwa secara individual dividend payout ratio, volume perdagangan dan volatilitas laba secara positif

APA, Harvard, Vancouver, ISO, and other styles

49

Jufri, Achmad, Masriani Adhillah, and Abdul Qoyum. "Efek Asimetris Spillover Indeks Syariah Amerika Serikat dan Cina terhadap Indeks Syariah ASEAN selama Pandemi Covid-19." Jurnal Ekonomi Syariah Teori dan Terapan 9, no. 3 (2022): 286–98. http://dx.doi.org/10.20473/vol9iss20223pp286-298.

Full text

Abstract:

ABSTRAK Penelitian ini bertujuan untuk menguji spillover effect indeks saham syariah Amerika Serikat dan Cina terhadap indeks saham syariah ASEAN dengan menggunakan metode Nonlinier Autoregressive Distributed Lag (NARDL) untuk menemukan spillover effect yang bersifat asimetris selama pandemi Covid-19. Data yang diamati dimulai pada 1 Januari 2020 sampai dengan 30 September 2021 dengan total observasi sebanyak 336 data untuk masing-masing indeks saham. Penelitian ini mendapatkan beberapa temuan. Pertama, indeks saham syariah Amerika Serikat dan Cina memiliki pengaruh asimetris jangka pendek ter

APA, Harvard, Vancouver, ISO, and other styles

50

Syahputra, Angga, Nurhayati Nurhayati, and Andri Soemitra. "Mainstreaming Green Investment in Sharia Securities in Indonesia (Case Study of North Sumatra Province)." Al-Intaj : Jurnal Ekonomi dan Perbankan Syariah 11, no. 1 (2025): 143. https://doi.org/10.29300/aij.v11i1.4875.

Full text

Abstract:

Purpose: The purpose of this study is to explore the mainstreaming of green investment in Islamic securities in North Sumatra. This research focuses on identifying key aspects, challenges, solutions, and priority strategies to promote green investment, particularly in sharia-compliant stocks. Given the global trend of increasing green investment, which reached 2.5 trillion USD by 2021, this study aims to analyze the role of green investment in supporting sustainable economic development, especially in North Sumatra, where no issuers are currently included in the ESG index despite having 12 IPO

APA, Harvard, Vancouver, ISO, and other styles

We offer discounts on all premium plans for authors whose works are included in thematic literature selections. Contact us to get a unique promo code!