Economic Turmoil in Islamic Banking Investment

Budiandru, Budiandru dan Sari Yuniarti, Sari (2020) Economic Turmoil in Islamic Banking Investment. Economic Turmoil in Islamic Banking Investment. pp. 1-29.

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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

Item Type: Article
Uncontrolled Keywords: investasi, Vector Error Correction Model, nilai tukar, inflasi, tingkat suku bunga
Subjects: A General Works
Divisions: Fakultas Ekonomi dan Bisnis
Depositing User: Dr Budiandru Budiandru
Date Deposited: 16 Sep 2020 13:32
Last Modified: 16 Sep 2020 13:32

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