Analysis of Macroeconomics Factor Affecting Jakarta Islamic Index

Tri Wijayanti Septiarini, Muhamad Rifki Taufik, Mufti Afif, Atika Rukminastiti Masrifah

2019

Abstract

The goal of this study was to propose analyzing the influence of macroeconomics factor to Jakarta Islamic Index. The macroeconomics factors consist of inflation, BI rate, exchange rate IDR/USD, and Gross Domestic Product (GDP). The observation data concerned were obtained during April, 2016 to June, 2019 (in total 39 monthly observation data). The multiple linear regression model is applied to analyze the relation between independent variable (inflation, BI rate, exchange rate IDR/USD, and Gross Domestic Product) and dependent variable which is Jakarta Islamic Index (JII). The results explained that the independent variables are significant except inflation.

Paper Citation

in Harvard Style

Septiarini T., Taufik M., Afif M. and Masrifah A. (2019). Analysis of Macroeconomics Factor Affecting Jakarta Islamic Index. In Proceedings of the 7th ASEAN Universities International Conference on Islamic Finance - Volume 1: 7th AICIF, ISBN 978-989-758-473-2, pages 19-22. DOI: 10.5220/0009864700002898

in Bibtex Style

@conference{7th aicif19,
author={Tri Septiarini and Muhamad Taufik and Mufti Afif and Atika Masrifah},
title={Analysis of Macroeconomics Factor Affecting Jakarta Islamic Index},
booktitle={Proceedings of the 7th ASEAN Universities International Conference on Islamic Finance - Volume 1: 7th AICIF,},
year={2019},
pages={19-22},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0009864700002898},
isbn={978-989-758-473-2},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 7th ASEAN Universities International Conference on Islamic Finance - Volume 1: 7th AICIF,
TI - Analysis of Macroeconomics Factor Affecting Jakarta Islamic Index
SN - 978-989-758-473-2
AU - Septiarini T.
AU - Taufik M.
AU - Afif M.
AU - Masrifah A.
PY - 2019
SP - 19
EP - 22
DO - 10.5220/0009864700002898