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The Effect of BI Interest Rate, Exchange Rate, and Inflation on The Indonesian Sharia Stock Index (ISSI) Ekarina Katmas; Nur Aisyah Indarningsih
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 5 No 2 (2022): Sharia Economic: July, 2022
Publisher : Sharia Economics Department Universitas KH. Abdul Chalim, Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v5i2.2144

Abstract

The development of the capital market has experienced quite good growth in Indonesia, including the Islamic capital market. The existence of a sharia capital market with various investment instruments such as sharia shares, sukuk, and sharia mutual funds provides investment opportunities for those who wish to invest with sharia principles. The development of sharia investment instruments, especially sharia shares, continues to show improvement. It is then supported by the Indonesia Stock Exchange (IDX) by issuing the Indonesian Sharia Stock Index (ISSI) which is a benchmark for the performance of sharia shares in Indonesia. The development of the Sharia Stock Index has continued to increase since it was published although it experienced fluctuations in several periods. It is presumably due to changes in macroeconomic variables. Therefore, the study aims to analyze the effect of the BI interest rate variable, exchange rate, and inflation on the Indonesian Sharia Stock Index (ISSI) for the period 2015 to 2020. The study uses quantitative methods, with data analysis The Error Correction Model (ECM) uses the EViews version 9 application, ECM analysis to determine long-term and short-term economic phenomena from the interaction of several research variables. The results obtained show that in the long term, the exchange rate and BI interest rate variables have an influence on the Indonesian Sharia Stock Index (ISSI) while in the short term the exchange rate variable has an influence on the Indonesian Sharia Stock Index (ISSI). Whereas, the inflation variable has no effect on the Indonesian Sharia Stock Index (ISSI) in the long and short term.
Halal labelization, word of mouth and halal awareness on purchase decisions of pharmaceutical products (case study of Yogyakarta muslim students) Nur Aisyah Indarningsih; Siregar, Suci Wulandari
Journal of Halal Product and Research (JHPR) Vol. 6 No. 1 (2023): The Development of Global Halal: Issues and Challenges
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/jhpr.vol.6-issue.1.11-21

Abstract

Despite the importance of pharmaceutical products in everyday life, especially after the coronavirus outbreak in early 2020, only a few studies have attempted to analyze consumer behavior regarding halal pharmaceutical products. Therefore, this study aims to analyze the effect of halal labeling, word of mouth, and halal awareness on purchasing decisions for halal products among Yogyakarta Muslim students using the structural equation model (SEM). The sample for this research is 100 respondents spread across several campuses. Data collection was carried out online with the help of Google forms, which were distributed via social media on a Likert scale of 1–5. From the results of data processing, it was found that halal labeling, word of mouth, and halal awareness had a positive effect on purchasing decisions for pharmaceutical products. Halal awareness is the most significant determinant of purchasing decisions for halal pharmaceutical products, so the pharmaceutical industry needs to highlight the halal aspects of their products through proper branding and promotion/advertising campaigns. Halal aspects include the ingredients and substances of pharmaceutical products and the product manufacturing process. In addition to the halal aspect, aspects of product hygiene and safety need to be emphasized. In the post-COVID era, this is what Muslim consumers need.
Analisis Pengaruh Pertumbuhan Penduduk, Tingkat Kematian (Mortaliti Rate) dan Pengangguran Terhadap Pertumbuhan Ekonomi: Pada Eight Development Country Mindo Mursalina Jen; Andi Hasrun; Nur Aisyah Indarningsih
Jurnal Al-Istishna Vol. 1 No. 1 (2024): Jurnal Al-Istishna
Publisher : Program Studi Ekonomi Syariah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58326/jai.v1i1.194

Abstract

Penelitian ini bertujuan untuk menguji serta menganalisis kembali bagaimana keterlibatan pertumbuhan penduduk, tingkat kematian serta tingkat pengangguran dapat mempengaruhi pertumbuhan ekonomi pada eight development county. Penelitian ini dilakukan pada kurun waktu tahun 2012 hingga 2022 dengan menggunakan analisis regresi data panel menggunakan perangkat software Eviews 13. Penelitian ini menggunakan data sekunder yang bersumber dari The World Bank dan Tranparancy International sehingga didapat sampel akhir berjumlah 88 sampel yang berasal dari 8 negara yakni Indonesia, Iran, Nigeria, Malaysia, Turkiye, Pakistan, Mesir dan Bangladesh. Penelitian ini menunjukkan bahwa pertumbuhan ekonomi tidak dipengaruhi oleh pertumbuhan penduduk dan tingkat kematian (mortality rate). Disamping itu ditemukan juga bahwa tingkat pengangguran memiliki efek yang negatif signifikan terhadap pertumbuhan ekonomi. Hal ini sesuai dengan teori yang disajikan dalam hukum Okun. Hasil ini diharapkan dapat menjadi penambah literatur dalam pengetahuan kita dengan melakukan penelitian terkait pertumbuhan ekonomi di negara-negara D8, dimana karakteristik negara berkembang yang memiliki perbedaan dengan negara-negara maju yang telah banyak diteliti sebelumnya.