Open AccessHolding Period of Sharia and Conventional Bank’s Stock in Indonesian Capital Market
Author(s) -
Sylva Alif Rusmita,
Ainun Azaria
Publication year - 2021
Publication title -
international journal of islamic economics
Language(s) - English
Resource type - Journals
eISSN - 2686-2131
pISSN - 2686-2166
DOI - 10.32332/ijie.v3i1.3328
Subject(s) - sharia , indonesian , business , nonprobability sampling , islam , stock exchange , accounting , capital (architecture) , financial system , finance , geography , population , philosophy , linguistics , demography , archaeology , sociology
This study aims at determining the differences holding period of sharia commercial banks and conventional commercial banks on the IDX. This study uses a purposive sampling method, and from the specified criteria there were 7 samples gained from 3 Islamic Commercial Banks and 4 Conventional Commercial Banks that meet the criteria and can be used as samples. The data used is in the form of daily reports obtained from the IDX website from 2018 until 2019. The results of this study show the differences holding period in the Sharia Commercial Banks and Conventional Commercial Banks where holding period of conventional are longer than sharia. From the results of the study, it appears that investors are not faithful with Islamic stocks, investors consider the risks and benefits of investing.