Jurnal Ilmiah Econosains
Vol 17 No 2 (2019): Vol 17 No 2 (2019): Jurnal Ilmiah Econosains

THE INFLUENCES OF INTEREST RATE AND INFLATION ON SHARIA MUTUAL FUND PERFORMANCE

Achmad Fauzi (Universitas Negeri Jakarta)



Article Info

Publish Date
18 Nov 2019

Abstract

ABSTRACT This research aims to determine the significance of the influence of interest rate and inflation on the performance of sharia mutual funds. This research was conducted on sharia mutual fund-type shares listed with the Financial Services Authority (Indonesia) (OJK) for the 60 months observed. Sharpe’s method was used for measuring the performance of the mutual funds used. This study uses a secondary quantitative research approach and the analysis technique used is multiple linear regression. Based on the result of the t test, interest rate is shown to have a significant negative effect on the performance of sharia mutual funds while inflation does not have a significant effect on their performance. Keywords: Interest rate, BI rate, inflation, performance of mutual fund, Sharpe’s method.

Copyrights © 2019






Journal Info

Abbrev

econosains

Publisher

Subject

Economics, Econometrics & Finance

Description

The Scientific Journal of Econoscience is an Online Economy Journal that has E-ISSN: 2252-8490 P-ISSN: 1693-1661 published by the Faculty of Economics, State University of Jakarta (UNJ). Econoscience publishes the manuscript twice in the period (March and August), containing 8-10 articles and ...