Proceedings of the International Seminar on Border Region (INTSOB 2023)

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Sharia Stock Investment as a Strategy for Strengthening the Economy of the Riau Border Region

Authors
Bagas Heradhyaksa1, *, Umul Baroroh1
1UIN Walisongo, Semarang, Indonesia
*Corresponding author. Email: bagashera@walisongo.ac.id
Corresponding Author
Bagas Heradhyaksa
Available Online 17 February 2024.
DOI
10.2991/978-2-38476-208-8_5How to use a DOI?
Keywords
Border Region; Sharia Stock; Investment; Riau
Abstract

Border region is an area that should get special attention. This is because it relates to state sovereignty. Therefore, the welfare of the people in the border region must also be considered to prevent social problems. Riau is one of the provinces bordering Malaysia. There are 4 districts in Riau bordering the Malaysian sea, namely Inhil, Rohil, Bengkalis and Dumai. The four districts have a strong Islamic culture that has been passed down from generation to generation. Thus, it is easy to accept an investment system based on sharia principles. Sharia stocks are a form of investment that is safe for the community. Sharia stocks are proven to have an effect on the economy of a country. The greater the capitalization of sharia stocks, the greater the gross domestic product. This article aims to find out opportunities for strengthening the Riau people’s economy through sharia stock investment. The research method used is library research. Data from various literatures will be analyzed using qualitative methods. This study found that the opportunity for the development of Islamic stock investment in Riau is still very large. This is because the number of Single Investor Identity in Riau Province continues to increase from the previous year.

Copyright
© 2024 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.

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Volume Title
Proceedings of the International Seminar on Border Region (INTSOB 2023)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
17 February 2024
ISBN
10.2991/978-2-38476-208-8_5
ISSN
2352-5398
DOI
10.2991/978-2-38476-208-8_5How to use a DOI?
Copyright
© 2024 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

risenwbib
TY  - CONF
AU  - Bagas Heradhyaksa
AU  - Umul Baroroh
PY  - 2024
DA  - 2024/02/17
TI  - Sharia Stock Investment as a Strategy for Strengthening the Economy of the Riau Border Region
BT  - Proceedings of the International Seminar on Border Region (INTSOB 2023)
PB  - Atlantis Press
SP  - 21
EP  - 27
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-208-8_5
DO  - 10.2991/978-2-38476-208-8_5
ID  - Heradhyaksa2024
ER  -