PENGARUH INFLASI, JAKARTA ISLAMIC INDEX (JII) DAN BI 7-DAYS (REVERSE) REPO RATE TERHADAP NAB EXCHANGE TRADE FUND SYARIAH DI INDONESIA

Muh. Afdhal Mubarak AS

Abstract


This study aims to determine the effect of inflation, the Jakarta Islamic Index (JII) and the BI 7-days (Reverse) Repo Rate on the NAV of the Sharia Exchange Trade Fund for the period April 2020-February 2022. This research is a type of quantitative research. The sampling technique used in this research is purposive sampling, where Sharia Premier ETF JII is the object of research. This research uses Multiple Linear Regression Analysis method using Eviews 10.0 program. Based on the results of this study, partially inflation and the 7-day BI (Reverse) Repo Rate have a significant effect on the NAV of Exchange Trade Fund Sharia, but the Jakarta Islamic Index (JII) has no significant effect on the NAV of Exchange Trade Fund Sharia and simultaneously, the Jakarta Islamic Index ( JII) and BI 7-days (Reverse) Repo Rate have a significant effect on the NAV of the Sharia Exchange Trade Fund.

Keywords


(Inflation; Jakarta Islamic Index; BI Days (Reverse) Repo Rate;Net Asset Value; Exchange Traded Fund)

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References


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DOI: https://doi.org/10.32507/ajei.v13i2.1598

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