Islamic stock market is apparently different from the conventional stock market due to the prohibition of unlawful goods and excessive risk-taking behavior.
Septiana Indarwati, Agus Widarjono
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Impact of the Monetary Policy Instruments on Islamic Stock Market Index Return [PDF]
Previous studies found that Islamic stock market index in Malaysia (KLSI), does not react, or react negatively to interest rate, although one of the main criteria of Islamic finance is to avoid business and activities that yield interest because of its prohibition in Islamic laws.
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Determinants of Macroeconomic Variables on Islamic Stock Index: Evidence from Frontier Market
This paper provides useful insights on the determinants of macroeconomic variables on Islamic stock index evidence from frontier market. The aims of this study is to examine the effect of macroeconomic variables namely gross domestic product (GDP), inflation (consumer price index), exchange rate (USD exchange rate), oil price (crude palm oil) and money
Noor Hafizha Muhamad Yusuf +4 more
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Perdagangan Saham di Pasar Modal Syariah (Studi Kasus Bursa Efek Indonesia)
The purpose of this research is to know how sharia’ application on stock trading at Islamic Capital Market not only primary market but also secondary market are good in Islamic perspective.We can use the question words of “what”, “what for” and “how ...
Gusniarti Gusniarti
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Forecasting of Islamic Stock Index in Turkey with Deep Learning Using Index-Based Features
The Islamic stock market is a dynamic platform that provides a suitable environment for investors to invest in shares that comply with Islamic law. Predicting the future price movements of the market provides significant advantages for investors such as ...
Dilşad Tülgen Çetin, Sedat Metlek
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Strong Correlations of Sharia Market To Conventional Market: Evidence From Indonesia Stock Exchange
Significant differences between Islamic Economic System and Conventional Economic System should generate differences between sharia market and conventional market. Conventional market clearly is influenced by interest rate and speculation that is normal
Yadi Nurhayadi, Nuryadi Wijiharjono
doaj +1 more source
Research aims: This research aims to determine whether there is a significant difference in the average abnormal return on the Jakarta Islamic Index on the Indonesia Stock Exchange in 2017-2020 before and after the Eid al-Fitr holiday and find out ...
Firman Pribadi, Aldi Abilawa
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Forecasting the volatility of the Dow Jones Islamic Stock Market Index: Long memory vs. regime switching [PDF]
Abstract The financial crisis has fueled interest in alternatives to traditional asset classes that might be less affected by large market gyrations and, thus, provide for a less volatile development of a portfolio. One attempt at selecting stocks that are less prone to extreme risks is obeyance of Islamic Sharia rules.
Adnen Ben Nasr +3 more
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Benarkah Suku Bunga Memengaruhi Volatilitas Pasar Saham Syariah?
This research attempts to explore to what extent the sensitivity volatility of Islamic stock markets in Indonesia toward macroeconomics. The writer examines inflation, exchange rates, money supply (JUB), interest rates (BIRATE), and Industrial Production
Septiana Indarwati
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The Influence of the World Gold Price, the Dow Jones Islamic Market, and the Composite Stock Price Index on the Jakarta Islamic Index for the 2014 - 2018 period [PDF]
This study aims to determine how much influence the variables of the World Gold Price and Stock Prices with proxies: Dow Jones Islamic Market (DJIM) stock prices, and the Composite Stock Price Index (IHSG), on the Jakarta Islamic Index (JII). This study uses a quantitative approach, namely data that is measured in a numerical scale, based on the 2014 ...
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