The Use of Fundamental Analysis on Sustainable Energy’s Investment Decisions in Registered Mining Companies in the Sharia Stock Index
- DOI
- 10.2991/978-94-6463-338-2_21How to use a DOI?
- Keywords
- fundamental analysis; manager decision; stakeholder theory; mining companies; Muslim investment decision; sharia stock
- ABSTRACT
Investors are starting to pay attention to Islamic value issues to achieve sustainability in energy. Recently, not only financial, social, and environmental, but also sharia value information has emerged to convey investment information on organizations' responsibility for the business of energy sustainability in line with sharia values. Sharia Index was emerging in capital market of Muslim-majority countries, which has had a major impact on the Indonesian financial industry. Nevertheless, various studies are still limited to using the fundamental information for analyzing conventional stock by external stakeholders (investors). Studies need to consider the fundamental analysis of investment decisions in registered mining companies in the sharia stock to achieve sustainable business. A sustainable business also increases business investment and will help drive a sustainable energy transition. This study uses sharia stock, particularly for Muslim investment decisions, whether they should consider the fundamental analysis. This study explored the Indonesian Sharia Stock Index by watching stock rate actions. The information used in this study is secondary facts obtained from the legit internet site of the Indonesia stock alternate. It determines the effect of liquidity, solvency, and profitability on mining businesses' stock fees on the Indonesian Sharia Stock Index (ISSI). The population of this look would encompass mining organizations indexed on the Indonesian Sharia Stock Index (ISSI) for the 2018-2021 duration. The sampling technique might be purposive sampling, and the study would receive facts from 17 mining groups. The facts evaluation approach used in this research is descriptive statistics, classical assumption check, more than one linear regression evaluation and hypothesis test.
- Copyright
- © 2023 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Wulan Dari PY - 2023 DA - 2023/12/23 TI - The Use of Fundamental Analysis on Sustainable Energy’s Investment Decisions in Registered Mining Companies in the Sharia Stock Index BT - Proceedings of the 2023 International Conference on Information Technology and Engineering (ICITE 2023) PB - Atlantis Press SP - 136 EP - 145 SN - 1951-6851 UR - https://doi.org/10.2991/978-94-6463-338-2_21 DO - 10.2991/978-94-6463-338-2_21 ID - Dari2023 ER -