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Motorcycle Financing Transactions at PT Bank Sumut Syariah Panyabungan Sub-Branch: Islamic Law Perspective Siti Kholijah
Budapest International Research and Critics Institute-Journal (BIRCI-Journal) Vol 5, No 2 (2022): Budapest International Research and Critics Institute May
Publisher : Budapest International Research and Critics University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33258/birci.v5i2.5622

Abstract

The main principle of islamic life is monotheism of Allah, namely an awareness that human life is a mandate from Allah. The word muamalat is the only word that literally means "doing each other" or reciprocity. Muamalah is etymologically the same and meaningful with almufa'alah, namely doing each other. The research objective is to analyze motorcycle financing transactions at PT Bank Sumut Syariah Panyabungan Sub-Branch as islamic law perspective. This research includes field research. The method used in this research is qualitative method. Sources of data in this study are primary and secondary data. The writing method uses the inductive method. The results showed that motorcycle financing transactions at PT Bank Sumut Syariah Panyabungan Sub-Branch based on a murabahah contract, the profit is immediately known. The benefits of murabaha are immediately known at the beginning when the murabaha transaction is agreed upon. Customers are given convenience in paying off motorcycle financing, so that customers feel lucky. Motorcycle financing transactions at PT Bank Sumut Syariah Panyabungan Sub-Branch is in accordance with islamic law, because this murabahah contract is a sale and purchase agreement of sharia goods, meaning that it is in accordance with islamic law. The profits obtained are not based on usury, but a profit-sharing system between the customer and the bank.
Effect of Inflation, Exchange Rate, and Interest Rate on the Composite Stock Price Index Siti Kholijah; Amimah Qodari; Yolanda Sari; Pandu Adi Cakranegara; Agnes Soukotta
Budapest International Research and Critics Institute-Journal (BIRCI-Journal) Vol 5, No 3 (2022): Budapest International Research and Critics Institute August
Publisher : Budapest International Research and Critics University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33258/birci.v5i3.6237

Abstract

The purpose of this research is to discuss effect of inflation, exchange rate, and interest rate on the composite stock price index. The type of research used in this research is casual research. This study uses quantitative data with the type of time series data. Samples taken from 2018 to the end of 2021, in the form of monthly data, the data is secondary data that has been validated and issued directly from the official website. The method of analysis used multiple regression analysis. The results show that inflation has a positive and significant effect on the composite stock price index. Exchange rate has a positive and insignificant effect on the composite stock price index. Interest rate has a positive and significant effect on the composite stock price index.