Non-Halal Aspects on Company listed  in the Jakarta Islamic Index

descriptionPublicationkeyboard_double_arrow_right Article , Other literature type 28 Feb 2021Publisher:Fakultas Ekonomi dan Bisnis UnhasJournal:Hasanuddin Economics and Business Review, volume 4, page 30 (issn: 2549-3221, eissn: 2549-323X,

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Authors: Mustakim Muchlis;

doi: 10.26487/hebr.v4i3.2576

Non-Halal Aspects on Company listed in the Jakarta Islamic Index

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Abstract

Abstract. This study aims to measure the effect of non-halal transactions such as interest-based debt and non-halal income on firm value companies listed in the Jakarta Islamic Index. The sample used in this study were companies listed in Jakarta Islami Index 2015-2019. Data processing uses SPSS and results that interest-based debt and non-halal income partially and simultaneously have a negative relationship with firm value. This shows that Islamic values have become a consideration for investors in the ratification of the Islamic stock exchange in Indonesia.

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