Determination Sovereign Sukuk in Indonesia in 2011–2016

Winda Widianingsih, Suryana Suryana, Neni Sri Wulandari

2017

Abstract

This study aims to determine the value of sovereign sukuk that are affected by macroeconomic variables in this case economic growth, Money Supply (JUB), and Bank Indonesia Sharia Certificates (SBIS). This study uses secondary data with time series data type and used monthly for the period 2011-2016. The research method used is descriptive and verifikatif method with multiple linear regression analysis. Variable Dependent in this research is sukuk country. Furthermore, the independent variables in the research are economic growth, JUB, and SBIS. Based on the results of the research note that economic growth has no significant effect on the value of sovereign sukuk with a positive related. While JUB has significantly effect on the value of sovereign sukuk with a positive related. As well as SBIS has significantly effect on the value of sovereign sukuk with a negative related.

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Paper Citation


in Harvard Style

Widianingsih W., Suryana S. and Wulandari N. (2017). Determination Sovereign Sukuk in Indonesia in 2011–2016.In 1st International Conference on Islamic Economics, Business, and Philanthropy - Volume 1: ICIEBP, ISBN 978-989-758-315-5, pages 73-77. DOI: 10.5220/0007077000730077


in Bibtex Style

@conference{iciebp17,
author={Winda Widianingsih and Suryana Suryana and Neni Sri Wulandari},
title={Determination Sovereign Sukuk in Indonesia in 2011–2016},
booktitle={1st International Conference on Islamic Economics, Business, and Philanthropy - Volume 1: ICIEBP,},
year={2017},
pages={73-77},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0007077000730077},
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 - Determination Sovereign Sukuk in Indonesia in 2011–2016
SN - 978-989-758-315-5
AU - Widianingsih W.
AU - Suryana S.
AU - Wulandari N.
PY - 2017
SP - 73
EP - 77
DO - 10.5220/0007077000730077