Abstract
The purpose of this study is to determine the sharia stock portfolio that can be formed using the Sharia Compliant Asset Pricing Model (SCAPM) from 2017-2021. SCAPM is a modified form of CAPM which aims to frame the analytical model within the sharia framework. This research is descriptive quantitative research. The sample used is 13 Islamic stocks selected using purposive sampling method. The data used is secondary data obtained from the official websites of the Indonesia Stock Exchange, Bank Indonesia, and Investing.com. The software used to process the data is Microsoft Excel. The research result shows that there are 4 stocks that qualified for optimum stock portfolio, namely ADRO, ANTM, EXCL, and INCO. The largest proportion of funds held by ANTM (39,38%) while the lowest held by EXCL (13,04%) of the total funds.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
