Adl Islamic Economic
Vol 5 No 2 (2024): Adl Islamic Economic: Jurnal Kajian Ekonomi Islam

Pengaruh Indeks Saham Syariah (ISSI) Terhadap Pertumbuhan Ekonomi di Indonesia

Itsnaini Chusnul Khotimah (Unknown)
Hairun Nisa (Unknown)
Darsi Ahmadan (Unknown)
Hidayani (Unknown)



Article Info

Publish Date
28 Nov 2024

Abstract

This study aims to analyze the effect of the Indonesia Sharia Stock Index (ISSI) on economic growth in Indonesia. The data used in this study are annual data from 2021 to 2023, obtained from the Indonesia Stock Exchange, the Central Statistics Agency (BPS), and the Financial Services Authority (OJK) of Indonesia. The analysis method used is simple linear regression with the help of EViews software. The dependent variable in this study is economic growth (GDP), while the independent variable is the Indonesian Sharia Stock Index (ISSI). The results showed that the Indonesian Sharia Stock Index (ISSI) had a significant and negative effect on economic growth, with the ISSI coefficient: -7.4401, which indicates a negative relationship between the Islamic Stock Index (ISSI) and economic growth in Indonesia. For every unit increase in ISSI, economic growth in Indonesia is estimated to decrease by 7.4401, assuming other variables are constant.

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Journal Info

Abbrev

adl

Publisher

Subject

Humanities Economics, Econometrics & Finance Education Social Sciences Other

Description

Adl Islamic Economic (E. ISSN 2723-1771, P. ISSN 2722-2810) is an electronic scientific journal published print out and online once six a month (Mei and November). Adl Islamic Economic aims to improve the quality of research and development of Islamic economics. Adl Islamic Economic received the ...