Comparisonal Analysis of Return and Risk Sharia Stock with Conventional Stock in Indonesia Year 2013-2019

Kholilurrahman Kholilurrahman, Mohammad Nizarul Alim

Abstract


This study aims to find the comparison of return and risk sharia stocks and conventional stocks. This study is comparative research with a qualitative approach. The entire company is listed in sharia stock Jakarta Islamic Index (JII) and LQ45 conventional stock in Indonesia Stock Exchange (IDX) with the sampling technique using purposive sampling . The data analysis technique used paired t-test . The result of this study illustrates that there is no significant difference between the return of sharia stock Jakarta Islamic Index (JII) and the return of LQ45 conventional stock for 2013-2019. Meanwhile, the result of the comparison between the risk of sharia stock Jakarta Islamic Index (JII) and the risk of LQ45 conventional stock for 2013-2019 experienced a significant difference, It can be seen from the difference in the mean risk of sharia stock Jakarta Islamic Index (JII) and risk of LQ45 conventional stock for 2013-2019. So, the risk of LQ45 conventional stock is higher than the risk of sharia stock Jakarta Islamic Index (JII)

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References


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https://www.spssindonesia.com

https://finance.yahoo.com

https://www.idx.co.id

https://www.ksei.co.id

www.syariah.ojk.go.id


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