PENGARUH MAKROEKONOMI TERHADAP PERTUMBUHAN SUKUK DI INDONESIA

Indonesia, which is the largest Muslim country in the world, has a very large market for the development of the Islamic capital market, especially sukuk. So that if the company issues sukuk, the company has a wider market potential because it has the opportunity to get Muslim and conventional investors. This study aims to determine what macroeconomic factors affect the growth of sukuk in Indonesia. This study uses quantitative data that is processed using multiple regression analysis. The results of the study stated that the money supply variable had a significant positive effect on the growth of sukuk in Indonesia. The inflation variable has a significant positive effect on the growth of sukuk in Indonesia. The interest rate variable has a significant positive effect on the growth of sukuk in Indonesia. And the exchange rate variable has a significant negative effect on the growth of sukuk in Indonesia