Macroeconomic Indicators and Sukuk Market Performance in Selected OIC Economies

english

Penulis

  • Nursilah Ahmad Universiti Sains Islam Malaysia
  • Asma Abdul Rahman Universiti Sains Islam Malaysia
  • Syazwani Abdul Rahim Academy of Contemporary Islamic Studies (ACIS), Universiti Teknologi MARA, Malaysia
  • Nurul Atika Azzan Universiti Sains Islam Malaysia

DOI:

https://doi.org/10.30993/tifbr.v15i2.282

Abstrak

Sukuk memainkan peranan penting dalam membangunkan kewangan Islam diperingkat global. Sehubungan itu, adalah penting untuk mengenalpasti pembolehubah makroekonomi yang mempengaruhi pertumbuhan pasaran sukuk. Kajian ini meneliti hubungan antara indikator makroekonomi dan prestasi pasaran sukuk bagi tempoh 2004 hingga 2019 bagi 10 negara penerbit sukuk menggunakan pendekatan panel data. Penunjuk makroekonomi yang digunapakai ialah Keluaran Dalam Negara Kasar (KDNK), indeks harga pengguna, perdagangan antarabangsa, kadar pertukaran wang dan krisis kewangan. Hasil kajian mendedahkan bahawa KDNK, perdagangan antarabangsa dan kadar pertukaran wang mempunyai kesan yang ketara ke atas prestasi pasaran sukuk. Kajian ini juga menganalisis peratusan perubahan pertumbuhan setiap komponen KDNK di negara tersebut lima tahun sebelum pandemik Covid-19 melanda dunia. Dapatan kajian menunjukkan bahawa komponen penggunaan adalah penyumbang utama kepada kestabilan ekonomi. Oleh itu, pihak berkuasa disarankan untuk melaksanakan polisi yang menyokong penggunaan produktif dan perdagangan antarabangsa bagi meningkatkan prestasi pasaran sukuk.

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Diterbitkan

2021-12-01 — Diperbaharui pada 2022-11-07

Cara Mengutip

Ahmad, N., Rahman, A. A. ., Rahim, S. A., & Azzan, N. A. . (2022). Macroeconomic Indicators and Sukuk Market Performance in Selected OIC Economies : english. Tazkia Islamic Finance and Business Review, 15(2). https://doi.org/10.30993/tifbr.v15i2.282

Terbitan

Vol 15 No 2 (2021)

Bagian

Articles

Lisensi

Hak Cipta (c) 2022 Author and Publisher

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