The Effectiveness of Islamic Capital Market Securities in Supporting MSMEs Working Capital Financing
This study was undertaken to determine how effective Islamic Capital Market Securities, namely the issuance of subordinated sukuk and others sukuk in Islamic banking, are on the quantity of working capital financing distribution to MSMEs in Indonesia. By using monthly time series secondary data and...
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| Format: | Article |
| Language: | English |
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Jurusan Ekonomi Pembangunan Fakultas Ekonomi Universitas Sriwijaya
2023-07-01
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| Series: | Jurnal Ekonomi Pembangunan |
| Subjects: | |
| Online Access: | https://ejournal.unsri.ac.id/index.php/jep/article/view/19309 |
| _version_ | 1827905920440467456 |
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| author | Fera Widyanata Ahmad Syathiri Nia Meitisari Asfeni Nurullah |
| author_facet | Fera Widyanata Ahmad Syathiri Nia Meitisari Asfeni Nurullah |
| author_sort | Fera Widyanata |
| collection | DOAJ |
| description | This study was undertaken to determine how effective Islamic Capital Market Securities, namely the issuance of subordinated sukuk and others sukuk in Islamic banking, are on the quantity of working capital financing distribution to MSMEs in Indonesia. By using monthly time series secondary data and multiple linear regression analysis techniques, it was found that the issuance of subordinated sukuk and others sukuk had a significant positive effect on increasing the quantity of working capital financing distribution to MSMEs. It can be concluded that the policy of Islamic banking to issue Islamic Capital Market Securities effectively supports the increase in the working capital of MSMEs. |
| first_indexed | 2024-03-13T00:48:34Z |
| format | Article |
| id | doaj.art-9a332fc7b13548c596c3f15b661f6b3d |
| institution | Directory Open Access Journal |
| issn | 1829-5843 2685-0788 |
| language | English |
| last_indexed | 2024-03-13T00:48:34Z |
| publishDate | 2023-07-01 |
| publisher | Jurusan Ekonomi Pembangunan Fakultas Ekonomi Universitas Sriwijaya |
| record_format | Article |
| series | Jurnal Ekonomi Pembangunan |
| spelling | doaj.art-9a332fc7b13548c596c3f15b661f6b3d2023-07-08T07:57:05ZengJurusan Ekonomi Pembangunan Fakultas Ekonomi Universitas SriwijayaJurnal Ekonomi Pembangunan1829-58432685-07882023-07-012119910810.29259/jep.v21i1.193097075The Effectiveness of Islamic Capital Market Securities in Supporting MSMEs Working Capital FinancingFera Widyanata0Ahmad Syathiri1Nia Meitisari2Asfeni Nurullah3Faculty of Economics, Sriwijaya University, IndonesiaFaculty of Economics, Sriwijaya University, IndonesiaFaculty of Economics, Sriwijaya University, IndonesiaFaculty of Economics, Sriwijaya University, IndonesiaThis study was undertaken to determine how effective Islamic Capital Market Securities, namely the issuance of subordinated sukuk and others sukuk in Islamic banking, are on the quantity of working capital financing distribution to MSMEs in Indonesia. By using monthly time series secondary data and multiple linear regression analysis techniques, it was found that the issuance of subordinated sukuk and others sukuk had a significant positive effect on increasing the quantity of working capital financing distribution to MSMEs. It can be concluded that the policy of Islamic banking to issue Islamic Capital Market Securities effectively supports the increase in the working capital of MSMEs.https://ejournal.unsri.ac.id/index.php/jep/article/view/19309sukukmsmesfinancingbanking |
| spellingShingle | Fera Widyanata Ahmad Syathiri Nia Meitisari Asfeni Nurullah The Effectiveness of Islamic Capital Market Securities in Supporting MSMEs Working Capital Financing Jurnal Ekonomi Pembangunan sukuk msmes financing banking |
| title | The Effectiveness of Islamic Capital Market Securities in Supporting MSMEs Working Capital Financing |
| title_full | The Effectiveness of Islamic Capital Market Securities in Supporting MSMEs Working Capital Financing |
| title_fullStr | The Effectiveness of Islamic Capital Market Securities in Supporting MSMEs Working Capital Financing |
| title_full_unstemmed | The Effectiveness of Islamic Capital Market Securities in Supporting MSMEs Working Capital Financing |
| title_short | The Effectiveness of Islamic Capital Market Securities in Supporting MSMEs Working Capital Financing |
| title_sort | effectiveness of islamic capital market securities in supporting msmes working capital financing |
| topic | sukuk msmes financing banking |
| url | https://ejournal.unsri.ac.id/index.php/jep/article/view/19309 |
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