Proceedings of the First Multidiscipline International Conference, MIC 2021, October 30 2021, Jakarta, Indonesia

Research Article

Analysis of the Effect of Financial Indicators and Ratio Sharia Banking on Capital Market

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  • @INPROCEEDINGS{10.4108/eai.30-10-2021.2315854,
        author={Srie Nuning Mulatsih and Heru Subiyantoro and Yolanda Yolanda and Masruri Masruri},
        title={Analysis of the Effect of Financial Indicators and Ratio Sharia Banking on Capital Market},
        proceedings={Proceedings of the First Multidiscipline International Conference, MIC 2021, October 30 2021, Jakarta, Indonesia},
        publisher={EAI},
        proceedings_a={MIC},
        year={2022},
        month={1},
        keywords={assets; pyd; tpf; npf; car; fdr; roa; bopo; islamic capital market},
        doi={10.4108/eai.30-10-2021.2315854}
    }
    
  • Srie Nuning Mulatsih
    Heru Subiyantoro
    Yolanda Yolanda
    Masruri Masruri
    Year: 2022
    Analysis of the Effect of Financial Indicators and Ratio Sharia Banking on Capital Market
    MIC
    EAI
    DOI: 10.4108/eai.30-10-2021.2315854
Srie Nuning Mulatsih1,*, Heru Subiyantoro2, Yolanda Yolanda2, Masruri Masruri3
  • 1: Student of Doctorate of Law Study Program, Universitas Borobudur Jakarta
  • 2: Universitas Borobudur Jakarta
  • 3: Universitas Islam Syekh-Yusuf
*Contact email: nuningpurwanto@unis.ac.id

Abstract

This research was conducted to analyze Macroeconomic Indicators (SBI Interest Rates, Exchange Rates, Inflation, Indonesian Composite Stock Price Index, GDP), and Financial Ratios (Assets, PYD, DPK, NPF, CAR, FDR, ROA and BOPO) to the Capital Market. The Sharia method used in this study is a quantitative research method using panel data analysis tools. The variables of this research are Islamic Banking and Islamic Capital Market in Indonesia during the period 2011-2019. Sources of data are taken from publications in the form of Sharia Financial Development Reports (LPKS), Islamic banking snapshoots and Financial Services Authority (OJK) Statistics. This study uses Analysis of multiple linear regressions. The results of this study suggest that, at least in part the Asset Variables, PYD, FDR, ROA and BOPO affect the Islamic Capital Market and simultaneously affect the Islamic Capital Market.