Analysis of Ramadan Effect on Indonesian Islamic Stock Market: Jakarta Islamic Index (JII) (2016-2020)
نویسندگان
چکیده
This study aims to determine the effect of Ramadan on Indonesian Islamic stock market: Jakarta Index (JII) (2016-2020) which by looking at difference in return and trading volume activity between non-Ramadan months, this also beginning, middle end Ramadan. The sample were thirty companies listed during Sha'ban, Shawwal from 2016-2020. data used is secondary data, analysis technique one-way ANOVA test Kruskall-Wallis test.
 results indicate that does not have a positive (JII), indicated no significant returns non-Ramadan. Furthermore, there
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ژورنال
عنوان ژورنال: Asian journal of economics, business and accounting
سال: 2022
ISSN: ['2456-639X']
DOI: https://doi.org/10.9734/ajeba/2022/v22i23887