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All Journal Al-Muzara'ah NALAR: Jurnal Peradaban dan Pemikiran Islam
Fathiyakan
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Integration between Indonesian Sharia Stock Index and Türkiye Sharia Index Using the Generalized Autoregressive Conditional Heteroscedasticity Model Rahayu, Siti; Sawitri, Peni; Ülev, Salih; Fathiyakan
AL-MUZARA'AH Vol. 12 No. 2 (2024): AL-MUZARA'AH (December 2024)
Publisher : Department of Islamic Economics, IPB University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29244/jam.12.2.311-319

Abstract

Indonesia and Türkiye are countries with a large number of followers of Islam. These two countries have a lot of cooperation in various activities. This study aims to measure the integration between Islamic capital markets in Indonesia and Türkiye. For the Indonesian Islamic capital market index, the Indonesian Islamic Stock Index (ISSI) is used, while for Türkiye, the Borsa Katilim (KATLM) is used. Using the Generalised Autoregressive Conditional Heteroscedasticity (GARCH) method, it was found that during the observation year, although there was a lot of cooperation, the activities of these two countries were not integrated. This can provide ideas for further research related to why there is a lot of cooperation between countries but it does not result in integration.
Ulama in Indonesia's Political Contestation: The Indonesian Ulama Council's Election Posts on Instagram Anggraeni, Nur Najmi; Baktı, Ahmet Selman; Zainol, Siti Zulfa Palem Binti; Syahmirwan; Fathiyakan
NALAR Vol 8 No 1 (2024): Islam in Indonesia
Publisher : Faculty of Ushuluddin, Adab, and Da'wah, State Islamic University of Palangkaraya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23971/njppi.v8i1.8196

Abstract

The article aims to explore the role of the Indonesian Ulama Council in the 2024 election contestation through election posts on Instagram. This study was conducted using the content analysis method. Data sources were obtained from the Indonesian Ulama Council's Instagram account. The data was obtained by observing posts from September 2023 to March 2024. The data obtained was then analyzed with three stages of qualitative analysis: data reduction, data display, and conclusion. Based on the data analysis, this study found that substantially, the election content posted by the Indonesian Ulama Council on Instagram is about peaceful elections and Muslim participation in elections. The study also found that the posting of election-related fatwas by the Indonesian Ulama Council on Instagram aims to raise awareness and encourage Muslims to exercise their voting rights in the election. Based on these findings, election-related posts by the Indonesian Ulama Council on Instagram represent the involvement of religious institutions in political contestation and the embodiment of ideological roles as a driving force for the successful implementation of elections in Indonesia.
Co-Authors Anggraeni, Nur Najmi Baktı, Ahmet Selman Peni Sawitri Siti Rahayu Syahmirwan Ülev, Salih Zainol, Siti Zulfa Palem Binti