Proceedings of the 1st International Conference on Accounting, Management and Entrepreneurship (ICAMER 2019)

Empirical Study About Islamic Stock Index Case in Indonesia

Authors
Siti Jubaedah, Janiman Janiman, Putri Adhiani Islami
Corresponding Author
Siti Jubaedah
Available Online 16 March 2020.
DOI
10.2991/aebmr.k.200305.037How to use a DOI?
Keywords
ISSI, SBIS, Exchange Rate, inflation, BI Rate
Abstract

This study was intended to test whether the external factors represented by Bank Indonesia Sharia Certificate (SBIS), Exchange Rate, Inflation and BI Rate significantly influence the Indonesia Sharia Stock Index (ISSI) during the period January 2015 to December 2018. This type of research is an explanatory research with quantitative approach. This study uses monthly time series data of each variable. The data analysis method uses multiple linear regression by first testing the classic assumptions using SPSS version 23. The results of this study showed that Bank SBIS have significant influence and positive relation toward ISSI and BI Rate have significant influence and negative relation toward ISSI. Inflation and Exchange Rate is not significant influence toward ISSI.

Copyright
© 2020, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 1st International Conference on Accounting, Management and Entrepreneurship (ICAMER 2019)
Series
Advances in Economics, Business and Management Research
Publication Date
16 March 2020
ISBN
978-94-6252-928-1
ISSN
2352-5428
DOI
10.2991/aebmr.k.200305.037How to use a DOI?
Copyright
© 2020, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Siti Jubaedah
AU  - Janiman Janiman
AU  - Putri Adhiani Islami
PY  - 2020
DA  - 2020/03/16
TI  - Empirical Study About Islamic Stock Index Case in Indonesia
BT  - Proceedings of the 1st International Conference on Accounting, Management and Entrepreneurship (ICAMER 2019)
PB  - Atlantis Press
SP  - 148
EP  - 151
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200305.037
DO  - 10.2991/aebmr.k.200305.037
ID  - Jubaedah2020
ER  -