Economic Reviews Journal
Vol. 5 No. 1 (2026): Economic Reviews Journal

Pengaruh Inflasi dan Nilai Tukar Terhadap Indeks Saham Syariah Indonesia (ISSI) Sebelum dan Sesudah Pemilu 2024

Mariam, Siti (Unknown)
Junaedi, Dedi (Unknown)
Evinovita, Evinovita (Unknown)



Article Info

Publish Date
20 Apr 2026

Abstract

This study analyzes the impact of inflation and exchange rates on the Indonesia Sharia Stock Index (ISSI) before and after the 2024 Election. Using daily time series data and t-tests, the results show that inflation had a significant negative effect on ISSI before the election, but no significant effect afterward. The exchange rate had a significant negative effect in both periods, with a stronger impact after the election. These findings indicate that the 2024 Election influenced ISSI’s sensitivity to macroeconomic variables and reflect increased investor confidence and greater stability in the sharia stock market post-election.

Copyrights © 2026






Journal Info

Abbrev

mrj

Publisher

Subject

Economics, Econometrics & Finance Industrial & Manufacturing Engineering Social Sciences

Description

Economic Reviews Journal  is a scientific journal published by Masyarakat Ekonomi Syariah Bogor in collaboration with Ikatan Ahli Ekonomi Islam, Institut Agama Islam Nasional Laa Roiba Bogor, and Intellectual Association for Islamic Studies (IAFORIS) . This journal contains scientific papers from ...