Critical Assesement on Risk and Return of Sharia Portfolios in Indonesia

Authors

  • Trimulato Trimulato Department Sharia Banking, Faculty Islamic Economics and Bussines, Universitas Islam Negeri Alauddin Makassar
  • Ahmad Rodoni Department Sharia Banking, Faculty Islamic Economics and Bussines, Universitas Islam Negeri Alauddin Makassar
  • Bagus Laksono Postgraduate School of Islamic Studies, İstanbul Sabahattin Zaim Üniversitesi, Türkiye

DOI:

https://doi.org/10.35897/iqtishodia.v7i1.715

Abstract

The development Islamic financial industry is getting better, with presence various product choices can be chosen community, including development of sharia-based investment products. Sharia investment products should not conflict with Sharia principles and may not contain elements being banned. The choice sharia investment products increasingly diverse with presence of investment products on Islamic capital markets or sharia shares. This study aims determine development Sharia stock index and describe risk and return on the Sharia Portfolio as a means sharia investment. Method used in this study is qualitative which describes development Sharia stock index. Types data used are secondary data existed previously such as data obtained from Financial Services Authority (OJK), data analysis technique used is descriptive outlining the development sharia shares and risk forms and return Sharia Portfolio. Results showed development of the Indonesia Sharia Index (ISSI) grew 9.42 percent, Jakarta Islamic Index (JII) 70 decreased -6.99 percent, and Jakarta Islamic Index (JII) 30 10.2 percent. Risk and return on sharia can be carried out in various ways to do analysis, namely can be conducted diversification, technical analysis, fundamental analysis, Markowitz method, and Index single analysis model.

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Published

2022-03-28

How to Cite

Trimulato, T., Rodoni, A. . and Laksono, B. . (2022) “Critical Assesement on Risk and Return of Sharia Portfolios in Indonesia ”, Iqtishodia: Jurnal Ekonomi Syariah, 7(1), pp. 20–29. doi: 10.35897/iqtishodia.v7i1.715.

Issue

Vol. 7 No. 1 (2022): March

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Articles

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