Direct Financial Market: Islamic Equity Market (Bursa Saham dalam Islam)
Abstract: Islamic capital
market is developed in order to accommodate the needs of Muslims in Indonesia
who wish to invest in the instrument of capital-market instruments in
accordance with Islamic principles. The industrial sector is expected to
accommodate the capital market and also involves the participation of Muslim
citizens to take active steps directly into the main market actors, namely as
local investors in the Indonesian capital market. In an effort to realize this,
then it is reasonable provided and developed investment instruments such as
shares in the Indonesian capital market in accordance with the principles of
Islamic teachings. There are requirements for a stock can be categorized in
accordance with the provisions of sharia. Companies issuing shares of Islamic
law, a company with business and management that do not conflict with the
Shari'a, and has a kosher product. The companies will be excluded from the
index if it has an Islamic stock exchange for the debt and financial ratios or
levels of income from certain interest.
Penulis: Rahmani Timorita
Yulianti
Kode Jurnal: jpperadabanislamdd100082