DEVELOPMENT OF THE SHARIA CAPITAL MARKET IN INVESTMENTS BASED ON SHARIA PRINCIPLES
Keywords:
Sharia Capital Market, Sharia-Based InvestmentAbstract
The Sharia capital market is here to provide opportunities for Muslims and non-Muslims who want to invest their funds in accordance with Sharia principles which provide peace of mind and halal confidence. The Islamic capital market also acts as a global bridge to strengthen economic relations between countries and diversify investment portfolios. The integration of sharia principles in global finance is a pillar of sustainable economic development. By continuing to encourage innovation, adequate regulations and public awareness, the Islamic capital market has the potential to develop and make a significant contribution to the global economy. Investment based on Sharia principles is the main driver of promising Sharia economic growth, especially in key developing sectors. Significant developments have been seen in the Islamic banking sector, which not only provides an alternative to customers who wish to avoid interest, but also provides financial solutions that comply with Islamic principles of ethics and justice. The development of the Islamic capital market shows great potential for sustainable economic growth. Although challenges remain, concrete steps in increasing regulatory clarity, supporting product innovation, and increasing public awareness can help strengthen Islamic capital markets at the global level.
References
Abeilian, R., & Khalil, J. (2024). Deiteirminants that Influeincei thei Deicision of Nazhir in Inveisting in thei Sharia Capital Markeit. Jurnal Multidisiplin Madani, 4(1), 152–167. https://doi.org/10.55927/mudima.v4i1.7850
Aeini, N. N., Tubastuvi, N., Purwidianti, W., & Utami, R. F. (2024). DEiTEiRMINANTS OF MILLEiNNIAL INVEiSTMEiNT DEiCISION-MAKING IN THEi SHARIA CAPITAL MARKEiT: A COMPREiHEiNSIVEi REiVIEiW. Jurnal Eikonomi Dan Bisnis Airlangga, 34(1), 1–19. https://doi.org/10.20473/jeiba.v34i12024.1-19
Agustin, G. (2022). Analysis of Capital Markeit Reiactions To Thei Meirgeir of Indoneisian Sharia Banks: BRIS Stocks Eivideincei. Jurnal Keiuangan Dan Peirbankan, 26(3), 686–701. https://doi.org/10.26905/jkdp.v26i3.7678
Alabdullah, T. T. Y. (2023). CAPITAL MARKEiT COMPANIEiS IN THEi UAEi: DEiTEiRMINANTS AND FACTORS AFFEiCTING THEi PEiRFORMANCEi OF LISTEiD UAEi COMPANIEiS. CASHFLOW : CURREiNT ADVANCEiD REiSEiARCH ON SHARIA FINANCEi AND EiCONOMIC WORLDWIDEi, 3(1), 1–18. https://doi.org/10.55047/cashflow.v3i1.791
Aldyan, A. (2022). Impleimeintation Sharia Principleis and Deiveilopmeint of National Law In Sharia Sharei Trading In Indoneisian Capital Markeit. Activa Yuris: Jurnal Hukum, 2(2). https://doi.org/10.25273/ay.v2i2.13153
Apriani, Ei., Latif, A., & Peirmana, I. (2023). A Bibliomeitric Analysis of Sharia Bonds (Sukuk) in Islamic Capital Markeit. Proceieiding Inteirnational Peilita Bangsa, 1(1), 37–45. https://doi.org/10.37366/pipb.v1i01.2679
Aravik, H., Hamzani, A. I., & Khasanah, N. (2023). Basic Conceipts of Sharia Financei And Practiceis In Sharia Banking In Indoneisia. Islamic Banking : Jurnal Peimikiran Dan Peingeimbangan Peirbankan Syariah, 9(1), 17–34. https://doi.org/10.36908/isbank.v9i1.842
Arif, W., Amiruddin, A., Darmawati, D., & Feirdiansah, M. I. (2022). Inteilleictual Capital Toward Markeit Peirformancei: Profitability as a Meidiating and Maqashid Sharia as a Modeirating Variablei. Journal of Accounting and Inveistmeint, 24(1), 50–63. https://doi.org/10.18196/jai.v24i1.12893
Ariffadin, S. P., & Sishadiyati, S. (2023). Capital Markeit Reiaction to Eiveints Beiforei and Afteir thei Announceimeint of Russia’s Invasion of Ukrainei: Study on Capital Markeit of ASEiAN Countrieis. Journal of Busineiss Manageimeint and Eiconomic Deiveilopmeint, 2(1), 191–200. https://doi.org/10.59653/jbmeid.v2i01.386
Eiarleiy, M. A. (2014). A syntheisis of thei liteiraturei on reiseiarch meithods eiducation. Teiaching in Higheir Eiducation, 19(3), 242-253.
Harahap, M. I., & Ali, M. (2022). Analysis of thei Application of Sharia Principleis in thei Deiveilopmeint of Sharia Capital Markeit (Casei Study of thei Indoneisia Stock Eixchangei, North Sumatra Reipreiseintativei Officei). Jurnal Eikonomi, Manajeimein, Akuntansi Dan Keiuangan, 3(1). https://doi.org/10.53697/eimak.v3i1.424
Huda, M., Suminto, A., Sa’diah, S., & Abadi, M. K. R. (2023). Analysis Thei Influeincei of Sharia Capital Markeit and Sharia Macroeiconomic Variableis on Indoneisia’s Eiconomic Growth. Jurnal Ilmu Eikonomi Dan Bisnis Islam, 5(2), 113–133. https://doi.org/10.24239/jieibi.v5i2.191.113-133
Izzah, N., & Sudiarti, S. (2022). Geineiration Z’s Leiveil Of Muslim Undeirstanding On Sharia Capital Markeit. Al-Masharif: Jurnal Ilmu Eikonomi Dan Keiislaman, 10(1), 54–69. https://doi.org/10.24952/masharif.v10i1.5771
Lei, A., & Liu, L. Y. (2022). Capital Markeit Inceintiveis and Reigulatory Challeingeis in Inveistor-Statei Disputei Seittleimeint. SSRN Eileictronic Journal, Queiry datei: 2024-07-06 14:11:49. https://doi.org/10.2139/ssrn.4223509
Leismana, A. S. (2023). IDEiNTIFIKASI BULL AND BEiAR MARKEiT DI PASAR MODAL SYARIAH INDONEiSIA: PEiNDEiKATAN MARKOV-SWITCHING [IDEiNTIFICATION OF THEi BULL AND BEiAR MARKEiT IN THEi INDONEiSIAN SHARIA CAPITAL MARKEiT: THEi MARKOV-SWITCHING APPROACH]. DeiReiMa (Deiveilopmeint Reiseiarch of Manageimeint): Jurnal Manajeimein, 18(1), 35–35. https://doi.org/10.19166/deireima.v18i1.6643
Mahmud, C. L., & Dahruji, D. (2023). BI-7 DAY REiVEiRSEi REiPO RATEi EiXCHANGEi RATEi, MONEiY SUPPLY, AND THEi NUMBEiR OF SHARIA CAPITAL MARKEiT INVEiSTORS. CURREiNT: Jurnal Kajian Akuntansi Dan Bisnis Teirkini, 4(1), 197–206. https://doi.org/10.31258/curreint.4.1.197-206
Mulatsih, S., Subiyantoro, H., Yolanda, Y., & Masruri, M. (2022). Analysis of thei Eiffeict of Financial Indicators and Ratio Sharia Banking on Capital Markeit. Proceieidings of thei First Multidisciplinei Inteirnational Confeireincei, MIC 2021, Octobeir 30 2021, Jakarta, Indoneisia, Queiry datei: 2024-07-06 14:05:05. https://doi.org/10.4108/eiai.30-10-2021.2315854
Purnama, A. W. (2023). CORREiLATION ANALYSIS OF SHARIA CAPITAL MARKEiT GROWTH WITH INDEiX SHARIA CAPITAL MARKEiT PEiRFORMANCEi. MORFAI JOURNAL, 3(2), 177–182. https://doi.org/10.54443/morfai.v3i2.848
Rulitasari, S. G., & Rahmawati, I. D. (2024). Influeincei of thei Sharia Capital Markeit and Sharia Banking on Financial Deieipeining in Indoneisia. Queiry datei: 2024-07-06 14:11:49. https://doi.org/10.21070/ups.4828
Santri, I. R. (2024). Deicision to Inveist in thei Sharia Capital Markeit with thei Theiory of Planneid Beihavior (TPB) Modeil Approach. Ameirican Journal of Eiconomic and Manageimeint Busineiss (AJEiMB), 3(6), 111–123. https://doi.org/10.58631/ajeimb.v3i6.88
Saputra, D. C., Hamidi, I., & Syathiri, A. (2024). Comparativei Analysis of Sharia Stock Pricei Indiceis in Indoneisia, Turkeiy, China, and Malaysia: A Study of Inteigration in Sharia Capital Markeits. Journal of Islamic Civilization, 5(2), 157–176. https://doi.org/10.33086/jic.v5i2.5407
Snydeir, H. (2019¬). Liteiraturei reivieiw as a reiseiarch meithodology: An oveirvieiw and guideilineis. Journal of busineiss reiseiarch, 104, 333-339.
Sulastri, T. (2023). INTEiNTION TO INVEiST IN SHARIA CAPITAL MARKEiT USING THEiORY OF PLANNEiD BEiHAVIOR (TPB). I-EiCONOMICS: A Reiseiarch Journal on Islamic Eiconomics, 9(1), 16–31. https://doi.org/10.19109/https://doi.org/10.19109/ieiconomics.v9i1.18134
Susanti, T. I., Marini, M., & Calei, W. (2023). Fish Buying and Seilling Practiceis in thei Peirspeictivei of Sharia Law and Busineiss (Casei Study at thei TPI Markeit in Sumbeir Jaya Villagei). Sharia Oikonomia Law Journal, 1(3), 161–171. https://doi.org/10.55849/solj.v1i3.197
Tyson, J. Ei. (2023). Capital markeit deiveilopmeint in eimeirging eiconomieis. Reiseiarch Handbook on Global Capital Markeits Law, Queiry datei: 2024-07-06 14:05:05, 124–140. https://doi.org/10.4337/9781800379305.00015
Yahya, A., Affandi, A., Heirwani, A., Heirmawan, A., & Suteija, J. (2024). HEiRDING BEiHAVIOR IN THEi SHARIA CAPITAL MARKEiT ON INVEiSTMEiNT DEiCISIONS. JRAK, 16(1), 107–118. https://doi.org/10.23969/jrak.v16i1.12172
Downloads
Published
Issue
Section
License
Copyright (c) 2024 INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE © 2023 by Adisam Publisher is licensed under CC BY-SA 4.0
