EQUILIBRIUM
Vol 8, No 1 (2020): EQUILIBRIUM

The Influence of Macroeconomics Indicators to The Growth of Sukuk in Indonesia

Cupian, Cupian (Unknown)
Muasia, Rien (Unknown)
Putri, Safira Aryanti (Unknown)



Article Info

Publish Date
22 May 2020

Abstract

The purpose of this study is to analyze the influence of macroeconomic on the growth of Islamic bonds (sukuk) in Indonesia period 2013.1-2016.12. This study uses Ordinary Least Square (OLS) method with a monthly time series starting from January 2013 until December 2016. The results of this study indicate that the Production Index (IP) and Bank Indonesia Syariah Certificate (BSBIS) variables positively and significantly affect the development of state sukuk issuance in Indonesia, then inflation negatively and significantly affects the development of state sukuk issuance, while the JII variable negatively and does not significantly affect the development of state sukuk issuance in Indonesia.

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Journal Info

Abbrev

Publisher

Subject

Economics, Econometrics & Finance

Description

Equilibrium journal issued by the Department of Islamic Economics, Pascasarjana, STAIN Kudus, periodically (every 6 months) in June and December with the aim of disseminating information about the study of knowledge islamic economics in the form of conceptual studies and research ...