Economie : Jurnal Ilmu Ekonomi
Vol 5, No 2 (2023): June

Unlocking Economic Potential: Leveraging Maqâshid al-Syarî'ah Achievements to Boost Investment in OIC Countries

Hariyani, Happy Febrina (Unknown)
Fuddin, Muhammad Khoirul (Unknown)



Article Info

Publish Date
30 Jun 2023

Abstract

The study investigates the factors influencing investment ratings within OIC (Organization of Islamic Cooperation) countries from 2011 to 2015. We employed the Tobit Regression model as our primary analytical tool to achieve this objective. Our data sources encompassed secondary data sets published by reputable organizations such as the World Bank, Transparency International, and UNDP. We utilised purposive sampling, targeting 19 OIC nations for which comprehensive data on the required variables were available. The model featured five independent variables: the Corruption Perception Index, GDP per capita, population growth, life expectancy, and the education index. The sole dependent variable under examination was the investment rating. Our findings unveiled that the Corruption Perception Index and GDP per capita significantly influenced the investment ratings within OIC countries. It implies that perceptions of corruption and economic prosperity played pivotal roles in shaping the investment climate within these nations during the specified period.

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Journal Info

Abbrev

economie

Publisher

Subject

Economics, Econometrics & Finance Environmental Science Social Sciences Other

Description

The Aim of this journal to publish original research papers related to the Indonesian economy and business issues. This journal is also dedicated to disseminating the published articles freely for international academicians, researchers, practitioners, regulators, and public ...