Iqtisadie: Journal of Islamic Banking and Shariah Economy
Vol. 2 No. 2 (2022): September 2022

Mampukah Kurs Berdampak Terhadap Indeks Saham Syariah Indonesia? Kajian Empiris Selama Pandemi Tahun 2020-2021

Ach. Fauzi Lutfi (Institut Agama Islam Negeri Madura)
Ridan Muhtadi (Institut Agama Islam Miftahul Ulum Pamekasan)



Article Info

Publish Date
15 Oct 2022

Abstract

This study aims to see how much influence the exchange rate has on the Indonesian Sharia Stock Index in 2020-2021. The method used in this study is a quantitative method with a simple regression analysis technique. The data collection technique uses secondary data obtained from the websites of Bank Indonesia and the Financial Services Authority. The results of this study indicate that the exchange rate variable has a significant influence on the Indonesian Sharia Stock Index variable which is seen from the F-statistic probability value below the alpha value of 0.0011 < 0.05. The Exchange Rate variable has a negative relationship with the Indonesian Sharia Stock Index with a coefficient value of -394.3737. This means that the higher the exchange rate, the lower the value of the Indonesian Sharia Stock Index.

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Journal Info

Abbrev

iqtisadie

Publisher

Subject

Economics, Econometrics & Finance

Description

that Journal is published twice a year every March and September. This journal contains studies on bank and non-bank Islamic financial institutions and Islamic economics. This journal can be accessed openly which means that all the content available is freely accessible at no cost, either to the ...