Muharrami, Rais Sani
Jurusan Syariah dan Ekonomi Islam Sekolah Tinggi Agama Islam Negeri (STAIN) Kudus Jl. Cong

Published : 2 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 2 Documents
Search

Pergerakan Harga Saham Syariah Pada Saham Bank Syariah Di lihat Dari Faktor Makroekonomi Muharrami, Rais Sani; Zahidah, Shufiatul; Yoga, Ika
BISNIS Vol 5, No 1 (2017): BISNIS: Jurnal Bisnis dan Manajemen Islam
Publisher : Fakultas Ekonom dan Bisnis Islam Institut Agama Islam Negeri (IAIN) Kudus

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21043/bisnis.v5i1.2951

Abstract

This study aims to determine the macroeconomic indicators that affect sharia banking stock price index period 2014-2016. Four variables consist of inflation, BI interest rate, rupiah exchange rate and SBIS are considered to have an effect on the syariah bank stock price index. This research uses quantitative method. This study uses monthly time series data which is analyzed by multiple linear regression. The data used are secondary data with 36 data from January 2014-December 2016. Data collection is taken with documentation techniques sourced from the official website of Bank Indonesia and yahoofinance.com. The results showed that inflation did not significantly influence the sharia bank stock price index. While the BI interest rate, the exchange rate of rupiah and SBIS have a significant influence on PT Bank Panin Dubai Syariah Tbk stock price index. From the results of this study, it can be concluded that the indicators considered in the PT Bank Panin Dubai Syariah Tbk stock price index are BI rate, rupiah exchange rate and SBIS.
Analisis Prediksi Kebangkrutan dan Rasio Keuangan Bank Umum Syariah dengan Metode Altman Z-Score pada Tahun 2011-2015 Muharrami, Rais Sani; Sinta, Sinta
Ihtifaz: Journal of Islamic Economics, Finance, and Banking Vol 1, No 1 (2018)
Publisher : Universitas Ahmad Dahlan

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (3230.856 KB) | DOI: 10.12928/ijiefb.v1i1.274

Abstract

The purpose of this research is to perform a comparative analysis of bankruptcy prediction and financial ratio related to Bank Umum Syariah Devisa and Bank Umum Syariah non Devisa. This research applied Altman model on Bank Umum Syariah Devisa and Bank Umum Syariah non Devisa to explain its bankruptcy prediction., while Mann Withney test is used to show a comparative analysis on its financial ratio related to bankruptcy.  Data was use in this research is time series data, the data from 2011 up to 2015. The data is obtained from publication in Otoritas Jasa Keuangan (OJK) and publication in each bank’s website. The sampling techniques using purposive sampling methods. This research can be concluding that there is no difference between Bank Umum Syariah Devisa and Bank Umum Syariah non Devisa on Bankruptcy prediction with Altman model. In financial ratios related to bankrupty exposure such as liquidity, Profitability, and Productivity has not significant difference to. While insolvency ratio at Bank Umum Syariah Devisa and Bank Umum Syariah non Devisa foundto have differences. For bankruptcy prediction at Bank Umum Syariah Devisa and Bank Umum Syariah non Devisa is found not difference. So, we can conclude that the difference in bankruptcy perdiction on Bank Umum Syariah Devisa and Bank Umum Syariah non Devisa caused by the absence of dirrerences in the financial ratios with regard to bankruptcy unless insolvency.