Claim Missing Document
Check
Articles

Found 3 Documents
Search

Determinants of Sharia Stock Investment Decisions: The Role of Investment Interest and Financial Behavior Bastian, Adol; Aidil Novia; Meirison
LAA MAISYIR: Jurnal Ekonomi Islam Vol 12 No 1 (2025)
Publisher : Universitas Islam Negeri Alauddin Makassar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24252/lamaisyir.v12i1.55324

Abstract

The significant increase in investor participation in the sharia capital market, especially among the younger generation, requires an understanding of the factors that influence investment decisions. This study aims to examine the effect of financial literacy, risk perception, and herding behavior on sharia stock investment decisions, with interest as a mediating variable and financial behavior as a moderating variable. The method used is a quantitative approach with primary data from 391 active investors of PT FAC Sekuritas Indonesia Jambi Branch. Sampling using purposive sampling, and analysis was carried out through SEM-PLS with SmartPLS 4. The results of the study indicate that financial literacy, risk perception, and herding behavior have a significant positive effect on investment interest. Interest fully mediates the relationship between financial literacy and risk perception on investment decisions. Conversely, the direct influence of both is not significant. Herding behavior also has a significant direct effect on investment decisions, but is partially mediated by interest. Financial behavior does not significantly moderate the tested relationship. These findings indicate that interest and social influence are more decisive in determining sharia investment decisions than rationality alone, so that the investor education approach needs to combine psychological and social aspects.
OPTIMALISASI KOMPETENSI MUJTAHID DALAM KERANGKA KAJIAN HUKUM ISLAM Sindia Ayu; Meirison; Salma
JAS : Jurnal Ahwal Syakhshiyyah Vol 6 No 1 (2024): Jurnal Ilmiah Ahwal Syakhshiyyah (JAS)
Publisher : Fakultas Agama Islam UNISMA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33474/jas.v6i1.21254

Abstract

Abstract A mujtahid is called a Muslim scholar or cleric who has the qualifications and expertise to carry out ijtihat, namely the process of interpreting Islamic law based on its sources. This research uses a qualitative descriptive research method with a focus on studying concepts and content through library research. This research aims to analyze mujtahid competence, classical and contemporary mujtahid requirements, and mujtahid rankings. This study examines the competence of a mujtahid in the context of understanding and applying sharia law in Islam. Mujtahid competency was found to require a deep understanding of various sources of Islamic law, such as the Al-Qur'an, hadith, ijma', qiyas, asbab al-nuzul, and maqashid sharia. In addition, the ability to recognize and differentiate between the tasyri'iyah sunnah and the tasyri'iyah ghairu sunnah and to avoid violations of ijma' is also needed. Islamic ethics and values are also an integral part of a mujtahid's competence, assisting in making appropriate legal decisions. This study emphasizes that the competence of a mujtahid is an important element in maintaining integrity and accuracy in the ijtihad process, which is important in carrying out his duties as a guardian of sharia law. The findings in this research are that a mujtahid must have in-depth knowledge, analytical skills, and high moral integrity to carry out his duties in understanding and applying sharia law correctly.   Keywords: Mujtahid, Ijtihad, contemporary, classic
The Influence of Audit Quality, Independent Board of Commissioners and Managerial Ownership on Profit Management (Case Study on Companies Included in LQ45 in the Indonesia Sharia Stock Index in 2019 -2023) Efendi, Erizal Candra; Meirison
Jurnal Akuntansi, Ekonomi dan Manajemen Bisnis Vol. 13 No. 1 (2025): Jurnal Akuntansi, Ekonomi dan Manajemen Bisnis - Juli 2025
Publisher : Politeknik Negeri Batam

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30871/jaemb.v13i1.8548

Abstract

The primary goal of this research is to analyse the relationship between profit management and factors such managerial ownership, audit quality, and board of commissioners independence. Secondary sources are the backbone of this research. In particular, the LQ45 index members of the Indonesia sharia stock index for the years 2019"“2023, are the subject of this study. The data for this study came from a population of 180 individuals whose records were scanned by the company. A total of 95 participants participated in the survey, which used a purposive summarising technique. Using quantitative methodologies, this study tests theories about the impact of managerial ownership, audit quality, and an independent board of commissioners on profit management. The first estimate was supported by a sig value of 0.05 and a T value of 1.98638, indicating that the audit quality had a smaller impact on profit management than what was initially thought. As demonstrated by an A T value of -.1695 < 1.66515 and a sig value of 0.093 > 0.05, the independent board of commissioners did not significantly impact profit management. With a sig value of 0.118 > 0.05 and a T value of 1.1557 < 1.66515, partial managerial ownership does not significantly impact profit management. Both the individual and combined effects of audit quality, independent board of commissioners, and managerial ownership on profit management are statistically significant (F value of 3.140 < 2.70 and sig value of 0.029 < 0.05). There were additional variables that made up 93.6% of the total, even though audit quality, independent board of commissioners, and managerial ownership only made up 6.4%. According to the statistics given, profit management is significantly affected by audit quality, the independence of the board of commissioners, and managerial ownership.