Choosing the Best Investment for Muslims According to Shariah

Dina Fitrisia Septiarini, Dian Fillianti

2017

Abstract

Investment is owning one or more assets and usually long term with the hope of gaining profit in the future. The return earned must be proportional to the risk of losses on assets. That is, the higher the risk of assets the higher the expected return of the asset. The purpose of this study is to determine the difference of rate of risk on Islamic stock, Islamic mutual fund, sukuk, 3 months of mudharabah deposit, gold, and property period 2008-2016. It uses quantitative approach by using Kruskal-Wallis test. The sample collecting method used is purposive sampling. This study used secondary data that was collected from official websites of Indonesia Stock Exchange, PT BNP Paribas, Indosat Ooredoo, Bank Syariah Mandiri, Price Gold, and Residential Property Price Index on Makassar. Data used was historical data. The result Kruskal-Wallis test show that there was significant difference of rate of risk on Islamic Stock, Islamic Mutual Fund, Sukuk, Mudharabah deposit, Gold and Property. The result of this study proved that Islamic Stock is better than another type of investments.

Paper Citation

in Harvard Style

Septiarini D. and Fillianti D. (2017). Choosing the Best Investment for Muslims According to Shariah.In 1st International Conference on Islamic Economics, Business, and Philanthropy - Volume 1: ICIEBP, ISBN 978-989-758-315-5, pages 96-99. DOI: 10.5220/0007077500960099

in Bibtex Style

@conference{iciebp17,
author={Dina Fitrisia Septiarini and Dian Fillianti},
title={Choosing the Best Investment for Muslims According to Shariah},
booktitle={1st International Conference on Islamic Economics, Business, and Philanthropy - Volume 1: ICIEBP,},
year={2017},
pages={96-99},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0007077500960099},
isbn={978-989-758-315-5},
}

in EndNote Style

TY - CONF

JO - 1st International Conference on Islamic Economics, Business, and Philanthropy - Volume 1: ICIEBP,
TI - Choosing the Best Investment for Muslims According to Shariah
SN - 978-989-758-315-5
AU - Septiarini D.
AU - Fillianti D.
PY - 2017
SP - 96
EP - 99
DO - 10.5220/0007077500960099