Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah
Vol 5 No 5 (2023): Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah

Faktor – Faktor yang Mempengaruhi Index Harga Saham di Jakarta Islamic Index (JII)

Cindi Rahmawati (UIN Sayyid Ali Rahmatullah)
Wahyu Dwi Warsitasari (UIN Sayyid Ali Rahmatullah Tulungagung)



Article Info

Publish Date
27 Nov 2022

Abstract

This research is aimed to determine the exchange rate, money in circulation, and the impact of expansion on the stock cost file in the Jakarta Islamic Index (JII) during the observation period of January 2017 to December 2021. Closing price data obtained from the Jakarta Islamic Index (JII) from 2017 to 2021 is the data used as a sample. The method used in this research is a quantitative method using a quantitative approach associative, which aims to determine the effect or relationship between variables. The regression model used in this research is multiple linear regression. This research uses Eviews 9 for data management and purposive sampling for data collection. The results of this research indicate that, partially, inflation does not positively affect the Jakarta Islamic Index (JII) stock price index. On the other hand, the amount of money and the exchange rate in circulation partially harm the stock price index in the Jakarta Islamic Index (JII). In the meantime, the amount of money in circulation, the exchange rate (exchange rate), and simultaneous inflation variables significantly affect the Stock Price Index in the Jakarta Islamic Index (JII) for 2017 to 2020. Keywords : Jakarta Islamic Index (JII), Inflation, Exchange Rate, Money Supply

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Journal Info

Abbrev

alkharaj

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

AL-KHARAJ: The Journal of Islamic Economics, Finance & Business is a scientific journal published by the Center for Research and Strategic Studies (PRKS) of the Institute of Islamic Religion (IAI) National Laa Roiba Bogor. This journal contains scientific papers from academics, researchers and ...