ISTI'ANAH, ISTI'ANAH (2025) ANALISIS PERBANDINGAN RISK DAN RETURN SAHAM SYARIAH DENGAN SAHAM KONVENSIONAL (Studi Kasus pada JII70 dan LQ45 periode 2019-2023). S2 thesis, Universitas Mercu Buana Jakarta.
|
Text (HAL COVER)
01 COVER.pdf Download (520kB) | Preview |
|
![[img]](https://repository.mercubuana.ac.id/style/images/fileicons/text.png) |
Text (BAB I)
02 BAB 1.pdf Restricted to Registered users only Download (199kB) |
|
|
Text (BAB II)
03 BAB 2.pdf Restricted to Registered users only Download (347kB) |
|
|
Text (BAB III)
04 BAB 3.pdf Restricted to Registered users only Download (202kB) |
|
|
Text (BAB IV)
05 BAB 4.pdf Restricted to Registered users only Download (135kB) |
|
|
Text (BAB V)
06 BAB 5.pdf Restricted to Registered users only Download (29kB) |
|
|
Text (DAFTAR PUSTAKA)
07 DAFTAR PUSTAKA.pdf Restricted to Registered users only Download (263kB) |
|
|
Text (LAMPIRAN)
08 LAMPIRAN.pdf Restricted to Registered users only Download (191kB) |
Abstract
The rapid growth of investment in Indonesia’s capital market has fueled increasing interest in both sharia-based and conventional stocks. Amid the wide range of available investment options, investors are faced with the challenge of determining which type of stock can provide optimal returns with minimal risk. This study aims to analyze and compare the levels of risk and return between sharia stocks listed in the Jakarta Islamic Index 70 (JII70) and conventional stocks in the LQ45 index during the 2019–2023 period. The research employs a quantitative approach with a descriptive comparative method. Data analysis techniques include calculating returns and standard deviation as indicators of risk, as well as conducting an independent sample t-test to determine the significance of differences between the two types of stocks. The findings reveal significant differences between the returns of conventional stocks and return sharia stocks. The higher returns in sharia stocks indicate that during the 2019–2023 period, stocks included in the sharia index (JII70) provided greater profits compared to conventional stocks (LQ45). Furthermore, the results also demonstrate significant differences in risk between conventional and sharia stocks. The higher risk in sharia stocks suggests that the price movements of stocks within the sharia index (JII70) tend to be more volatile compared to those in the conventional index (LQ45). These findings serve as an important reference for investors in considering investment alternatives that are not only financially competitive but also aligned with ethical and sustainability principles Keywords: Risk, Return, Stock Pesatnya pertumbuhan investasi di pasar modal Indonesia mendorong meningkatnya minat terhadap saham berbasis syariah maupun konvensional. Di tengah beragamnya pilihan investasi tersebut, para investor dihadapkan pada persoalan dalam menentukan jenis saham yang mampu memberikan imbal hasil optimal dengan tingkat risiko minimal. Penelitian ini bertujuan untuk menganalisis dan membandingkan tingkat risiko (risk) dan tingkat pengembalian (return) antara saham syariah yang tergabung dalam indeks Jakarta Islamic Index 70 (JII70) dan saham konvensional dalam indeks LQ45 pada periode 2019–2023. Penelitian ini menggunakan pendekatan kuantitatif dengan metode deskriptif komparatif. Teknik analisis data dilakukan menggunakan perhitungan return dan standar deviasi sebagai indikator risiko, serta uji beda menggunakan independent sample t-test untuk mengetahui signifikansi perbedaan antara kedua jenis saham. Hasil penelitian menunjukkan terdapat perbedaan secara signifikan antara return saham konvensional dengan return saham syariah. Return yang lebih tinggi pada saham syariah menunjukkan bahwa dalam periode 2019-2023, saham-saham yang tergabung dalam indeks syariah (JII70) memberikan keuntungan yang lebih besar dibandingkan saham konvensional (LQ45). Kemudian, hasil penelitian menunjukkan adanya perbedaan secara signifikan (nyata) antara risk saham konvensional dengan risk saham syariah. Risk yang lebih tinggi pada saham syariah menunjukkan bahwa pergerakan harga saham-saham dalam indeks syariah (JII70) cenderung lebih fluktuatif dibandingkan saham-saham dalam indeks konvensional (LQ45). Temuan ini menjadi referensi penting bagi investor dalam mempertimbangkan alternatif investasi yang tidak hanya kompetitif secara finansial, tetapi juga sesuai dengan prinsip etika dan keberlanjutan. Kata kunci : Risk, Return, Saham
| Item Type: | Thesis (S2) |
|---|---|
| Call Number CD: | CD/555. 25 048 |
| NIM/NIDN Creators: | 55523110009 |
| Uncontrolled Keywords: | Risk, Return, Saham |
| Subjects: | 300 Social Science/Ilmu-ilmu Sosial > 330 Economics/Ilmu Ekonomi 300 Social Science/Ilmu-ilmu Sosial > 330 Economics/Ilmu Ekonomi > 332 Financial Economics, Finance/Ekonomi Keuangan dan Finansial, Ekonomi Biaya dan Pembiayaan > 332.6 Investment/Investasi 600 Technology/Teknologi > 650 Management, Public Relations, Business and Auxiliary Service/Manajemen, Hubungan Masyarakat, Bisnis dan Ilmu yang Berkaitan > 658 General Management/Manajemen Umum |
| Divisions: | Pascasarjana > Magister Akuntansi |
| Depositing User: | khalimah |
| Date Deposited: | 20 Oct 2025 08:30 |
| Last Modified: | 20 Oct 2025 08:30 |
| URI: | http://repository.mercubuana.ac.id/id/eprint/99534 |
Actions (login required)
 |
View Item |
