EFFECT OF SHARIA INTERBANK MUDHARABAH INVESTMENT CERTIFICATE (SIMA) ON THE MONEY SUPPLY (JUB) IN 2014-2018

putri sara (UIN Syahada Padangsidimpuan, Indonesia)
adanan murrah (UIN Syahada Padangsidimpuan, Indonesia)
indah sari (UIN Syahada Padangsidimpuan, Indonesia)

Abstract


There is almost no part of human economic life that is not related to the existence of money. Excessive increases in the money supply can drive price increases beyond expected levels so that in the long run it can disrupt economic growth. Conversely, if an increase in the money supply is low, economic devastation will occur. Sharia Interbank Mudharabah Investment Certificate (SIMA) is a tool used for transactions in the Sharia Interbank Money Market (PUAS). This certificate is a certificate that is used as an investment tool for banks with excess funds to make a profit, and on the other hand, the Interbank Sharia Mudharabah Investment Certificate (SIMA) is also a means for banks experiencing shortages of funds to obtain short-term funds on the mudharabah principle. The theory used is the theory relating to the Sharia Interbank Mudharabah Investment Certificate (SIMA), the Amount of Money Supply (JUB), and the theories that support this research. The method used in this study was started by obtaining data using documentation techniques through the official website of Bank Indonesia, www.bi.go.id, and the official website of the Financial Services Authority, www.ojk.go.id. Then processed with the help of SPSS Version 23. The test used to prove the hypothesis is a partial test (t test) and the coefficient of determination (R2). Partial test results (t-test) can be concluded that the variable Interbank Sharia Mudharabah Investment Certificate (SIMA) affects the Amount of Money Supply (JUB), seen from the tcount > t table = 1.67655. Based on the Adjusted R square value of 0.490 or 49% this shows that the variable Interbank Sharia Mudharabah Investment Certificate (SIMA) affects the variable Amount of Money Supply (JUB). While the remaining 51% is influenced by other variables not discussed in this study.


References


Arifin, I. (2007). Membuka cakrawala ekonomi. PT Grafindo Media Pratama.

Arikunto, S. (2010). Metode peneltian. Jakarta: Rineka Cipta.

Arikunto, S. (2013). Manajemen Penelitian, cet. ke-12. Jakarta: PT. Rineka Cipta.

Baeti, N., Jurusan, , Pembangunan, E., Ekonomi, F., & Juli, D. (2013). Pengaruh Pengangguran, Pertumbuhan Ekonomi, Dan Pengeluaran Pemerintah Terhadap Pembangunan Manusia Kabupaten/Kota Di Provinsi Jawa Tengah Tahun 2007-2011 Info Artikel. Edaj, 2(3), 85–98.

Dr, P. (2008). Sugiyono, Metode Penelitian Kuantitatif Kualitatif dan R&D. CV. Alfabeta, Bandung, 25.

Fadhillah, W., & Harahap, F. S. (2020). Pengaruh Pemberian Solid (Tandan Kosong Kelapa Sawit) Dan Arang Sekam Padi Terhadap Produksi Tanaman Tomat. Jurnal Tanah Dan Sumberdaya Lahan, 7(2), 299–304.

Hardana, A., Royani, I., Situmorang, I. S., & Ariyanda, B. (2022). Financial Performance Analysis at PT. Bank Syariah Mandiri With Method Economic Value Adde (Eva). Journal of Islamic Financial Technology, 1(1).

Lubis, P. S. A. (2020). Pengaruh Sertifikat Investasi Mudharabah Antarbank Syariah (SIMA) terhadap Jumlah Uang Beredar (JUB) tahun 2014-2018. IAIN Padangsidimpuan.

Rahardja, P. (2008). Pengantar Ilmu ekonomi: mikroekonomi dan makroekonomi.

Sari, D. M. S., Suartini, S., & Hasanuh, N. (2021). Pengaruh Pembiayaan Mudharabah, Musyarakah dan Murabahah Terhadap Profitabilitas Bank Umum Syariah. Jurnal Ilmiah Ekonomi Islam, 7(1), 241–249.

Setiono, W. (2022). Pengaruh Fundamental Keuangan dan Faktor Ekonomi Makro terhadap Return Saham (Studi pada Perusahaan Properti dan Real Estate yang Terdaftar di BEI Periode 2016-2019). Universitas Jenderal Soedirman.

Soemitra, A. (2017). Bank & Lembaga Keuangan Syariah. Prenada Media.

Suhendi, H. (2010). Fiqih Muamalah, Edisi. 1, Cet 5. Jakarta: Rajawali Pers.




DOI: https://doi.org/10.24952/jsb.v1i2.6435

Refbacks

  • There are currently no refbacks.


INDEKS JURNAL


TIM REDAKSI

Editor In Chief

 Managing Editor

 Editorial Board

Reviewer

It Support Team

  • Nofinawati, MA, Universitas Islam Negeri Syekh Ali Hasan Ahmad Addary Padangsidimpuan, Sumatera Utara, Indonesia

 

 

Creative Commons License 

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

 

ISSN Print:  2809-8781

ISSN Online:  2827-9344

FAKULTAS EKONOMI DAN BISNIS ISLAM

UNIVERSITAS ISLAM NEGERI SYEKH ALI HASAN AHMAD ADDARY PADANGSIDIMPUAN
Jalan T. Rizal Nurdin Km. 4,5 Sihitang Padangsidimpuan, Sumatera Utara,  Indonesia

Email: journalofsharia@uinsyahada.ac.id