PENGARUH INFLASI DAN PRODUK DOMESTIK BRUTO (PDB) TERHADAP SURAT BERHARGA SYARIAH NEGARA (SBSN) 2011-2018

  • Akhmad Sobrun Jamil Institut Pesantren KH Abdul Chalim Pacet Mojokerto
Keywords: inflation, groos domestic product, soverign sukuk

Abstract

State Sharia Securities (SBSN) or commonly referred to as state sukuk is one of the sharia investment instruments that serves as one of the main sources of state infrastructure financing. This research was conducted with the aim to determine the effect of inflation variables and Gross Domestic Product (GDP) on Government Sharia Securities (SBSN). This study uses time series data from 2011 to 2018 by using multiple linear regression analysis methods and using the Ms. program. Excel 2007 and SPSS 18 to obtain detailed results regarding the relationship between one variable with another variable.

The results showed that partially from the T test results, the inflation variable did not affect the State Sharia Securities (SBSN) while the Gross Domestic Product (GDP) affected the State Sharia Securities (SBSN). Simultaneously the results of data processing from the F test results that inflation and Gross Domestic Product (GDP) affect the State Sharia Securities (SBSN). From the R Square test (R2) inflation and Gross Domestic Product (GDP) have a 70.9% effect on the State Sharia Securities (SBSN) while the remaining 29.1% is influenced by other variables not included in this research model

Downloads

Download data is not yet available.

References

Ahmad, Wahida, dan Rafisah Mat Radzi. “Sustainability of Sukuk and Conventional Bond during Financial Crisis: Malaysia’s Capital Market.” Global Economy and Finance Journal 4, no. 2 (2011): 33–45.
Ardiansyah, Ivan Hannoeriadi, dan Deni Lubis. “Pengaruh Variabel Makroekonomi terhadap Pertumbuhan Sukuk Korporasi di Indonesia.” AL-Muzara’ah 5, no. 1 (2017): 1–18.
Ayuningtyas, Rosida Dwi. “Faktor-Faktor Yang Mempengaruhi Harga Obligasi Syariah Korporasi di Indonesia (Periode Januari 2010- Juli 2015).” La Riba 3, no. 1 (2017): 13–22.
Hariyanto, Eri. Sukuk Negara Pembiayaan Intrumen APBN. Diedit oleh Dwiyanto Indiahono. 01 ed. Yogyakarta: Gava Media, 2017.
Hasyim, Ali Ibrahim. Ekonomi Makro. 2 ed. Jakarta: Kencana, 2017.
Indah, Yuliana. investasi produk keuangan syariah. Diedit oleh Indah Yuliana. 1 ed. Malang, 2010.
Nasrullah, Aan. “Studi Surat Berharga Negara : Analisis Komparatif Sukuk Negara Dengan Obligasi Negara Dalam Pembiayaan Defisit APBN.” Jurnal Lentera 1, no. September (2015): 198.
Rahardja, Prathama, dan Mandala Manurung. Pengantar Ilmu Ekonomi (Mikroekonomi & Makroekonomi). 3 ed. Jakarta: Fakultas Ekonomi Universitas Indonesia, 2008.
Rini, Mustika. “Obligasi Syariah (Sukuk) dan Indikator Makroekonomi Indonesia : Sebuah Analisis Vector Error Orrection Models (VECM).” Institut Pertanian Bogor, 2012.
Rizka Hendriyani. “Analisis Pengaaruh Inflasi, IHSG, dan Jumlah Uang Beredar Terhadap Pertumbuhan Sukuk Korporasi Pada Pasar Modal Syariah Di Indonesia.” UIN Sunan Kalijaga, 2018.
Sutawijaya, Adrian. “Pengaruh Faktor-Faktor Ekonomi Terhadap Inflasi Di Indonesia.” Organisasi dan Manajemen 8 (2012): 85–101.
Tandelilin, M. Eduardus. Pasar Modal Manajemen Portofolio Dan Investasi. 1 ed. Yogyakarta: PT Kanisius, 2017.
Wiyanti, Diana. “Perspektif Hukum Islam terhadap Pasar Modal Syariah Sebagai Alternatif Investasi Bagi Investor.” Hukum IUS QUIA IUSTUM 20, no. 2 (2013): 234–254.
“Ini Inisiatif OJK untuk Kembangkan Industri Keuangan Syariah.” Diakses Desember 28, 2018. https://www.cnbcindonesia.com/.
Keuangan Syariah Berpotensi Jadi Pembiayaan Infrastruktur, n.d. Diakses Oktober 9, 2019. https://www.ojk.go.id/id/berita.
Published
2019-11-02
How to Cite
Jamil, A. (2019). PENGARUH INFLASI DAN PRODUK DOMESTIK BRUTO (PDB) TERHADAP SURAT BERHARGA SYARIAH NEGARA (SBSN) 2011-2018. Al-Tsiqoh : Jurnal Ekonomi Dan Dakwah Islam, 4(2), 77-89. https://doi.org/10.31538/altsiq.v4i2.567
Section
Articles