Islamic Economic Finance and Accounting (The Research in Indonesia)

Budiandru, Budiandru (2021) Islamic Economic Finance and Accounting (The Research in Indonesia). In: Kantor Akuntan Publik Budiandru dan Rekan. Kantor Akuntan Publik Budiandru dan Rekan, pp. 1-129.

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Investment financing is one of the operational activities of Islamic banking to encourage the real sector. This study aims to analyze the effect of economic turmoil on investment financing, analyze the response to investment financing, and analyze each variable's contribution in explaining the diversity of investment financing. This study uses monthly time series data from 2009 to 2020 using the Vector Error Correction Model (VECM) analysis. The results show that the exchange rate, inflation, and interest rates significantly affect Islamic banking investment financing in the long term. The response to investment financing is the fastest to achieve stability when it responds to shocks to the composite stock price index. The most significant contribution to explaining diversity in investment financing comes from inflation. Islamic banking can increase the proportion of funding for investment. Increased investment financing can make customers have a larger business scale to encourage economic growth.

Item Type: Book Section
Subjects: H Social Sciences > HC Economic History and Conditions
Divisions: Fakultas Ekonomi dan Bisnis > Akuntansi S1
Depositing User: Dr Budiandru Budiandru
Date Deposited: 01 Feb 2023 09:32
Last Modified: 01 Feb 2023 09:32

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