Al-Kharaj: Journal of Islamic Economic and Business
Vol. 7 No. 4 (2025): All articles in this issue include authors from 3 countries of origin (Indonesi

The Effect Of The Implementation Of Artificial Intelligence In Stock Trading Strategies On Profitability: A Managerial Perspective In The Indonesian Capital Market

Primas Arisandy Nugraha (Unknown)
Abdul Moin (Unknown)
Risma Rosehan (Unknown)



Article Info

Publish Date
08 Jan 2026

Abstract

The following study aims to analyze the impact of artificial intelligence (AI) implementation, limited infrastructure and human resource (HR) skills, capital market regulations, and managerial decisions on profitability in stock trading strategies in the Indonesian capital market. The study employed a quantitative approach by distributing questionnaires to 100 respondents, including individual investors, investment managers, financial analysts, and financial institution professionals. Data were analyzed using multiple linear regression using SPSS version 25 software. The study's findings indicate that artificial intelligence (AI) implementation, capital market regulations, and managerial decisions have a positive and significant impact on profitability in stock trading strategies. Conversely, limited infrastructure and human resource (HR) skills have no significant impact. Simultaneously, the four independent variables explain 81% of the variation in profitability, with the remaining portion influenced by several other variables outside the study. The following study makes a theoretical contribution by enriching the literature on the role of AI and managerial factors in increasing investment profitability. Practically, these findings emphasize the importance of integrated AI adoption, coupled with strong capital market regulations and sound managerial decisions, to support the success of stock trading strategies in the digital era.

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Journal Info

Abbrev

alkharaj

Publisher

Subject

Economics, Econometrics & Finance

Description

Al-Kharaj, Journal of Islamic Economic and Business is peer-reviewed journal published by program studi ekonomi syariah , Institut Agama Islam Negeri (IAIN) Palopo. Al-Kharaj focus on the research of Islamic Economic and Business. The aims of this journal is to explore and develop economic related ...