Pengaruh Saham Syariah dan Reksadana Syariah terhadap Pertumbuhan Ekonomi di Indonesia
DOI:
https://doi.org/10.63822/b1fk4113Keywords:
Sharia Stocks, Sharia Mutua Funds, Economic Growth, Sharia, Capital MarketAbstract
This study examines the effect of sharia stocks and sharia mutual funds on economic growth in Indonesia. Using a quantitative approach, this study analyzes data from 2016 to 2022 obtained from the Central Statistics Agency and the Financial Services Authority. The independent variables in this study are sharia stocks (represented by the Jakarta Islamic Index/JII and the Indonesia Sharia Stock Index/ISSI) and sharia mutual funds, while the dependent variable is economic growth. Data analysis was performed using classical assumption tests and multiple linear regression with the help of Eviews 10 software, including F test and t test. The results show that partially, sharia stocks have a significant effect on economic growth in Indonesia. The increasing investment interest in the sharia capital market, especially sharia stocks, contributes to increasing economic growth, poverty reduction, and job creation. On the other hand, sharia mutual funds partially do not have a significant effect on economic growth. This is allegedly due to the allocation of sharia mutual fund portfolios by investment managers tending to be in large-cap company stocks that tend to be stagnant. However, simultaneously, sharia stocks and sharia mutual funds have a significant effect on economic growth in Indonesia.
Downloads
References
Alamsyah, iqbal firman. (2022). Analisis Regresi Data Panel Untuk Mengetahui Faktor Yang Mempengaruhi Jumlah Penduduk Miskin Di Kalimantan Timur. 254–266.
Azijah, S. A. (2010). Manajemen Investasi Syariah. Bandung. In CV. Sanabil. http://repository.syekhnurjati.ac.id/id/eprint/4586%0Ahttps://repository.syekhnurjati.ac.id/4586/1/Buku Manajemen Investasi Syariah.pdf
Dwi Nurhidayah, Amalia Nuril Hidayati, & Muhammad Alhada Fuadilah Habib. (2022). Pengaruh Inflasi, Saham Syariah, Sukuk dan Reksadana Syariah terhadap Pertumbuhan Ekonomi Nasional Tahun 2013-2020. Jurnal Sinar Manajemen, 9(1), 158–169. https://doi.org/10.56338/jsm.v9i1.2435
Hamsah, Megawati, D., & Hidayat, N. (2024). Pengaruh Saham Syariah dan Obligasi Syariah (Sukuk) Terhadap Pertumbuhan Ekonomi Indonesia. Journal of Sharia and Law, 3(2), 430–449.
Heradhyaksa, B. (2022). Buku Ajar Hukum Investasi & Pasar Modal Syariah. In Paper Knowledge . Toward a Media History of Documents.
Imeldalius, I., Suganda, R., Makraja, F., Ulum, K. M. M., & Nimah, R. (2024). Analisis Penetapan Hukum Islam Terhadap Perkembangan Cryptocurrency Melalui Pendekatan Saddu Dzari’ ah. Jurnal Ilmiah Ekonomi Islam, 10(3), 2524-2531.
Latief, A. (n.d.). modul kompotensi pengelolaan investasi syariah.
Manurung, A. H. (2009). Indeks Saham Syariah Di Pasar Modal.
Marlina, L., Hidayat, W. W., & Rahmat, B. Z. (2022). Bopo, Npf, Inflasi, Suku Bunga Acuan Bank Indonesia, Dan Profitabilitas Bank Syariah Di Indonesia. Jurnal Ilmiah Akuntansi Dan Keuangan, 4(6), 2339–2353. https://doi.org/10.32670/fairvalue.v4i6.1097
Priyono dan Zainuddin Ismail. (2017). Teori Ekonomi.
Rianda, C. N. (2020). Analisis Dampak Pengangguran Berpengaruh Terhadap Individual. At-Tasyri’: Jurnal Ilmiah Prodi Muamalah, 12(1), 17. https://doi.org/10.47498/tasyri.v12i01.358
Rosaria Sihite. (2022). Analisis Pengaruh Pendapatan Perkapita, Jumlah Konsumsi dan Pertumbuhan Ekonomi di Kabupaten/Kota Provinsi Kalimantan Tengah. 2(April), 46–57.
Sahir, S. H. (2022). Metodologi Penelitian.
Soleh, A. (2015). Pertumbuhan Ekonomi Dan Kemiskinan Di Indonesia. EKOMBIS REVIEW: Jurnal Ilmiah Ekonomi Dan Bisnis, 2(2), 197–209. https://doi.org/10.37676/ekombis.v2i2.15
Sujianto, A. E., & Fitria, L. (2024). Exclusive Summary : Penentuan Produk Domestik Bruto atau GDP ( Gross Domestic Product ) 3 Sektor. Musytari : Neraca Manajemen, Akuntansi, Dan Ekonomi, 5(7), 111–123.
Ulum, K. M., Nasyiah, I., & Izzati, L. W. (2024). Sharia green financing: Potential sustainable funding for MSME on Wakafestasi securities crowdfunding services. As-Sakha: Sharia Economic Law and Legal Studies, 1(1), 53-71.
Widjiantoro, S. T. (2023). Pengaruh Sukuk Korporasi dan Reksa Dana Syariah Terhadap Struktur Perekonomian Indonesia. Jurnal Ilmiah Ekonomi Islam, 9(01), 275–282.
Winantisan, R. N. N., Tulug, J. E., & Rumokoy, L. J. (2024). Pengaruh Keberagaman Usia dan Gender Pada Dewan Komisaris Dan Direksi Terhadap Kinerja Keuangan Pernankan Di Indonesia Periode 2018. 12(1), 1–12.
Downloads
Published
Issue
Section
License
Copyright (c) 2025 Rheva Berliana, Silvia Lovita, Sintia Eka Wulandari, Esty Apridasari (Author)
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
