Ad-Deenar: Jurnal Ekonomi dan Bisnis Islam
Vol 10 No 01 (2026): Ad-Deenar: Jurnal Ekonomi dan Bisnis Islam

ANALYSIS OF INDONESIA'S NATURAL RUBBER COMMODITY EXPORTS TO THE 5 MAIN DESTINATION COUNTRIES FROM AN ISLAMIC ECONOMIC PERSPECTIVE YEAR 2016-2025

Arrohmanza Arrohmanza (UIN Raden Intan Lampung)
M. Yusuf Bahtiar (UIN Raden Intan Lampung)
Anna Ermawati (UIN Raden Intan Lampung)



Article Info

Publish Date
09 Apr 2026

Abstract

This study aims to analyze the influence of natural rubber production variables, world rubber prices, and exchange rates (exchange rates) on the value of Indonesia's rubber exports in the 2016-2025 period from an Islamic economic perspective. Indonesia is the world's main producer of rubber, but global price fluctuations and exchange rate instability pose a significant challenge to the welfare of farmers and the country's foreign exchange. The research method used was quantitative with a multiple linear regression model using the EViews 10 software device. The results of the study show that partially, the variables of natural rubber production (X1) and international rubber prices (X2) have a positive and significant effect on the export value (Y). In contrast, the exchange rate variable (X3) did not have a significant influence on the value of rubber exports in that period. Simultaneously, the three independent variables had a significant effect on the export value with the ability to explain the data variation (Adjusted R Square) of 87.8%. From the perspective of Islamic economics, these findings indicate the dominance of the real sector (production) over the monetary sector, which is in line with the principles of maslahah (benefit) and distributive justice for smallholders through a transparent pricing mechanism (thaman al-mithl) without the element of speculation (gharar).

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Journal Info

Abbrev

ad

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

Ad-Deenar: Jurnal Ekonomi dan Bisnis Islam accepts original manuscripts in the field of Islamics Economics, including research reports, case reports, application of theory, critical studies and literature reviews. The spread of Islamic Economics include: 1. Islamic Finance and Capital Market 2. ...