Jurnal Iqtisaduna
Vol 8 No 2 (2022)

Determinan Peringkat Sukuk di Indonesia Periode 2015-2019

Fisabilillah Hadisyah Siregar (Universitas Padjadjaran)
Egi Arvian Firmansyah (Universiti Brunei Darussalam, Universitas Padjadjaran)



Article Info

Publish Date
30 Dec 2022

Abstract

This research aims to find out the whether the financial and non-financial factors affect corporate sukuk rating (dependent variable) in Indonesia in 2015-2019. In this research, we employ profitability, liquidity, leverage, secure and firm size as the independent variables. This research uses the secondary data from financial statements available at Indonesia Stock Exchange and the company’s web. The object of this research is all companies receiving rating sukuk from PT PEFINDO. This research uses a quantitative approach with ordinal logistic regression while the sample is obtained through a purposive sampling method. The results show that profitability, liquidity, secure and firm size have a significant effect on sukuk rating, meanwhile leverage does not have a significant effect on sukuk rating.

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Journal Info

Abbrev

Iqtisaduna

Publisher

Subject

Religion Economics, Econometrics & Finance

Description

This study aims to determine the efforts of Islamic Financial Institutions in empowering SMEs, strategies and important roles carried out by LKS in order to empower SMEs through the provision of capital to be managed in business. The method used in this research is descriptive analysis method, a ...