Text

Pengaruh Variabel Makroekonomi Domestik dan Internasional Terhadap Jakarta Islamic Index 70

---

Objective: This study aims to analyze and measure the long term and short term effects of domestic and international macroeconomic variables on JII70. Method: The study employs the Vector Error Correction Model (VECM) using monthly time series data from June 2018 to December 2024. Results: The results show that, in the long term, BI Rate, Exchange Rate, World Oil Price, World Gold Price, and the Dow Jones Islamic Market US Index significantly influence the JII70. In the short term, none of the variables have a significant effect. Inflation and Money Supply do not have a significant impact on JII70 in either the short or long term. This study recommends the promotion of JII70 and Islamic finance, careful consideration by companies and investors in making investment decisions, and the development of an early warning system in the Islamic Capital Market to anticipate financial crises.

---

Availability

Detail Information

Series Title

-

Call Number

REF 332.6 HID p

Publisher

Bogor : Universitas Islam Tazkia., 2025

Collation

-

Language

Indonesia

ISBN/ISSN

NIM2110103026

Classification

332.6

Content Type

-

Media Type

-

Carrier Type

-

Edition

-

Subject(s)

VECM
Sharia Stocks
JII70
Macroeconomic Variabels

Specific Detail Info

-

Statement of Responsibility

Muhamad Brilliant Mubina Putra Hidayat

Other version/related

File Attachment

Comments

---

You must be logged in to post a comment