Inflation, Interest Rates, And Money Supply Against The Jakarta Ismaic Index 30

Authors

  • Ai Rohayani Sriwanti Nusantara Islamic University
  • Farah Latifah Nurfauziah Nusantara Islamic University
  • Nisa Nuraidah Nusantara Islamic University
  • Shinta Afriani Nusantara Islamic University

DOI:

https://doi.org/10.31328/cebi.v3i1.284

Keywords:

Inflation, Interest Rates, Money Supply, Jakarta Islamic Index (JII) 30

Abstract

Jakarta iIslamic iIndex i(JII) i30 iis ione iof ithe istock iindices iin iIndonesia ithat icalculates ithe iaverage istock iprice iindex ifor isharia istock. Jakarta iIslamic iIndex i(JII) i30 iconsists iof i30 iliquid isharia istock ibased ion isharia iprinciples. iThere iare imany imacroeconomic ifactors that iaffect istock iindices. iBasically, ithe iability ito iunderstand iand iforecast imacroeconomic iconditions iin ithe ifuture iwill ibe ivery iuseful for iinvestors iin imaking iinvestment idecisions.This istudy iaims ito ianalyze ithe ieffect iof iInflation, iInterest iRates iand iThe iMoney iSupply on iteh iJakarta iIslamic iIndex i(JII) i30. iThis iresearch imethod iis iquantitative.The idata isource iis isecondary idata iin ithe iform iof ia itime series iof i84 isamples.The idata icollection itechnique iis idocumentation. iThe idata ianalysis itechnique iused iis imultiple ilinear ianalysis iwith data iprocessing iused ithrough ithe iSPSS i25 iprogram. iThe iresult ishowed ithat iInflation ihas ino ieffect ion ithe iJakarta iIslamic iIndex (JII) 30, ithis ican ibe iseen ifrom ithe iacquisition iof ithe iInflation isignificance ivalue iof i0,427 i> i0,05 iwhich imeans itheat iif ithere iis ian increase ior idecrease iin ithe iInflation irate, iit iwill inot iaffect ithe iincrease ior idecrease iof ithe iJakarta iIslamic iIndex i(JII) 30.iMeanwhile, the iInterest iRate iand iMoney iSupply iaffect ithe iJakarta iIslamic iIndex i(JII) i30. iThis ican ibe iseen ifrom ithe iacquisition iof ithe ivalue iof interest irate isignificance iof i0,000 i< i0,05 iand ithe iacquisition iof ithe isignificance ivalue iof ithe iMoney iSupply iof i0,000 i< i0,05 meaningithat iif ithere iis ian iincrease iin ithe iInterest iRate iand iMoney iSupply, iit iwill iaffect ithe iincrease ior idecrease iin ithe JakartaiIslamic iIndex i(JII) i30.

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Published

2023-03-31

How to Cite

Ai Rohayani Sriwanti, Farah Latifah Nurfauziah, Nisa Nuraidah, & Shinta Afriani. (2023). Inflation, Interest Rates, And Money Supply Against The Jakarta Ismaic Index 30. Conference on Economic and Business Innovation (CEBI), 3(1), 666–676. https://doi.org/10.31328/cebi.v3i1.284

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