Rangkiang: Journal of Islamic Economics and Business
Vol. 3 No. 2 (2025): Islamic Economic

The Impact of the Number of Issuers and Transaction Value on the Growth of Islamic Invesment in the Indonesian Capital Market

Prawira, Adi (Unknown)
Nasfi, Nasfi (Unknown)



Article Info

Publish Date
19 Nov 2025

Abstract

This study aims to analyze the effect of the number of issuers and transaction value on investment growth in the Indonesian capital market. The research method used is multiple linear regression analysis with secondary data obtained from the annual report of the Indonesia Stock Exchange (IDX). The results showed that the number of issuers had a positive and significant effect on investment growth with a significant value of 0.00 which is smaller than alpha 0.05. Similarly, transaction value has a positive and significant effect on investment growth with a significant value of 0.00 which is smaller than alpha 0.05. Of the two independent variables, transaction value has a more dominant influence than the number of issuers. This finding is in line with capital market theory which states that liquidity and availability of investment instruments are important factors in encouraging investment growth. This research is expected to contribute to regulators, issuers, and investors in making strategic decisions to strengthen the development of the Indonesian capital market.

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Journal Info

Abbrev

rangkiang

Publisher

Subject

Economics, Econometrics & Finance

Description

Rangkiang: Journal of Islamic Economics and Business is an international, peer-reviewed open access journal dedicated to the exchange of high-quality research results in all aspects of Islamic economics and business. The scope of the Rangkiang Journal is not only in the form of studies, research or ...