Jurnal Akuntansi dan Keuangan (JAK)
Vol 28 No 1 (2023): JAK Volume 28 No 1, 2023

ANALISIS FAKTOR DALAM DAN LUAR NEGERI TERHADAP JAKARTA ISLAMIC INDEX (JII) PERIODE 2010-2021

Furqonul Haq (UIN Sunan Kalijaga Yogyakarta)



Article Info

Publish Date
30 Jan 2023

Abstract

This study aims to examine domestic and foreign factors on the Jakarta Islamic Index (JII) using the estimated Vector Error Correction Model. Monthly data used from January 2010 to December 2021 (144 months). This research generally gets two findings. First, in the long term domestic factors (exchange rates) and foreign factors (world oil prices, world gold prices and DJIMI) have a significant positive influence on JII. Second, in the long run domestic factors (inflation) and foreign factors (KLSE) have a significant negative influence on JII. This research is expected to provide benefits for academics and researchers who are interested in examining the factors that influence the Islamic capital market index in Indonesia.

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Journal Info

Abbrev

jak

Publisher

Subject

Control & Systems Engineering Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Social Sciences

Description

JOURNAL OF ACCOUNTING AND FINANCE (JAK) is a Journal of Accounting and Finance issued by Faculty of Economics and Business Lampung University. JAK is issued three two a year on June and December. The Redaction Board accept only research in the field of legal science that already in the form of ...