DETERMINAN RETURN SAHAM SYARIAH SEKTOR PERTAMBANGAN DENGAN NILAI TUKAR SEBAGAI VARIABEL MODERASI

• Main Author: Farhan Fadlirahman, (Author)
• Format: Book
• Published: 2023-06-21.
• Subjects: Thesis; NonPeerReviewed
• Online Access: Link Metadata
• Notes: http://repository.upnvj.ac.id/25155/1/ABSTRAK.pdf; http://repository.upnvj.ac.id/25155/13/AWAL.pdf; http://repository.upnvj.ac.id/25155/14/BAB%20I.pdf; http://repository.upnvj.ac.id/25155/15/BAB%20II.pdf; http://repository.upnvj.ac.id/25155/16/BAB%20III.pdf; http://repository.upnvj.ac.id/25155/17/BAB%20IV.pdf; http://repository.upnvj.ac.id/25155/18/BAB%20V.pdf; http://repository.upnvj.ac.id/25155/19/DAFTAR%20PUSTAKA.pdf; http://repository.upnvj.ac.id/25155/9/RIWAYAT%20HIDUP.pdf; http://repository.upnvj.ac.id/25155/10/LAMPIRAN.pdf; http://repository.upnvj.ac.id/25155/12/HASIL%20PLAGIARISME.pdf; http://repository.upnvj.ac.id/25155/11/ARTIKEL%20KI.pdf
• Keywords: HB Economic Theory; HG Finance

Investment in Islamic stocks in companies can be a goal to gain investment benefits derived from Islamic stock returns. This sharia stock investment is suitable for Muslim people who want to invest without violating sharia principles. Investing in Islamic stocks contains risks because all investments contain risks. Therefore, investors can look at the company's fundamentals to identify the best stocks and reduce risk. The purpose of this study is to find out how the influence of Current Ratio (CR), Return on Assets (ROA), and Debt to Equity Ratio (DER) on Islamic stock returns and exchange rates as a moderating variable. This study used a purposive sampling technique for mining companies listed on the JII index for the 2012-2021 period and obtained a total of 5 sample companies. Data analysis using multiple linear regression. The results showed that partially Current Ratio, Return on Assets, and Debt to Equity Ratio did not have a significant effect on stock returns. The results of the study also show that exchange rates can moderate the effect of Current Ratio, Return on Assets, and Debt to Equity Ratio on Stock Returns. The limitations in this study are that it only uses research samples that are limited to the mining sector recorded on JII, only 5 out of 6 populations are used as research samples, and research variables that are too commonly known by investors. For further research, it is expected to be able to add other independent variables and add other macroeconomic variables as moderating variables.