"Objective: This study aims to analyze the effect of macroeconomic variables, namely inflation, the Rupiah exchange rate, BI rate, and money supply on the Indonesia Sharia Stock Index (ISSI). The research seeks to provide an empirical overview of the relationship between these macroeconomic factors and the performance of the Islamic capital market in Indonesia. Method: This research e…
" To analyze the short-term and long-term effects of BI interest rates, inflation, exchange rates, world gold prices,and world oil prices on the Indonesian Sharia Stock Index (ISSI) during the 2020–2024 period. : Autoregressive Distributed Lag (ARDL) : The results show that in the long term, BI interest rates, exchange rates, and world gold prices have a significant negativ…
"Objective : This study aims to analyze and predict the financial distress conditions of halal food and beverage sub-sector companies listed on the Indonesia Sharia Stock Index (ISSI) before (2018–2019), during (2020–2022), and after the COVID- 19 pandemic (2023–2024) using the Altman Z-Score model. Methodology : The research employed a quantitative-descriptive method with seconda…
"Objectives : This study aims to analyse the effect of Environmental, Social, and Governance (ESG) risk on corporate financial performance, with status of sharia-compliant shares as a moderating variable. Methods : This research uses descriptive quantitative techniques, namely the moderation regression analysis (MRA) tests. The sample consists of 80 companies from 10 industrial se…
"Objective: This study aims to analyze the differences in profitability ratios before, during, and after the COVID-19 pandemic in technology and information sector companies listed on the Indonesia Sharia Stock Index (ISSI). The profitability ratios used in this study are Return on Assets (ROA) and Return on Equity (ROE). Method: This research employs a quantitative approach using descri…
Tujuan : Penelitian ini bertujuan untuk menganalisis pengaruh rasio keuangan seperti Total Asset Turn Over (TATO), Debt to Asset Ratio (DAR), Current Ratio (CR), dan Net Profit Margin (NPM) kepada nilai perusahaan yaitu Price to Book Value (PBV) dengan perusahaan sektor kesehatan yang terdaftar di Indeks Saham Syariah Indonesia atau ISSI selama periode 2019 sampai 2023. Metode : Pe…
Tujuan : Menganalisis dinamika dan penyesuaian jangka pendek dan jangka Panjang antara perbankan syariah dan pasar modal syariah terhadap industri manufaktur di Indonesia. Metode : Penelitian ini menggunakan pendekatan kuantitatif dengan data sekunder sebagai sumber data yang digunakan. Jenis data yang digunakan dalam penelitian adalah data sekunder berupa data runtut waktu (time seri…