{"id":"https://openalex.org/W4409468601","doi":"https://doi.org/10.56709/mrj.v4i2.682","title":"Analisis Perbandingan Return dan Risk Investasi Saham Syariah dan Konvensional yang Terdaftar pada Bursa Efek Indonesia","display_name":"Analisis Perbandingan Return dan Risk Investasi Saham Syariah dan Konvensional yang Terdaftar pada Bursa Efek Indonesia","publication_year":2025,"publication_date":"2025-04-15","ids":{"openalex":"https://openalex.org/W4409468601","doi":"https://doi.org/10.56709/mrj.v4i2.682"},"language":"en","primary_location":{"id":"doi:10.56709/mrj.v4i2.682","doi":"https://doi.org/10.56709/mrj.v4i2.682","is_oa":true,"landing_page_url":"https://doi.org/10.56709/mrj.v4i2.682","pdf_url":"https://www.mes-bogor.com/journal/index.php/mrj/article/download/682/592","source":{"id":"https://openalex.org/S4387282203","display_name":"Economic Reviews Journal","issn_l":"2830-6449","issn":["2830-6449"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Economic Reviews Journal","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"diamond","oa_url":"https://www.mes-bogor.com/journal/index.php/mrj/article/download/682/592","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5117161384","display_name":"Nurlia Safitri","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I4210154162","display_name":"Universitas Pembangunan Panca Budi Medan","ror":"https://ror.org/051t2jr69","country_code":"ID","type":"education","lineage":["https://openalex.org/I4210154162"]}],"countries":["ID"],"is_corresponding":false,"raw_author_name":"Nurlia Safitri","raw_affiliation_strings":["Universitas Pembangunan Panca Budi"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Universitas Pembangunan Panca Budi","institution_ids":["https://openalex.org/I4210154162"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5066081513","display_name":"Heriyati Chrisna","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I4210154162","display_name":"Universitas Pembangunan Panca Budi Medan","ror":"https://ror.org/051t2jr69","country_code":"ID","type":"education","lineage":["https://openalex.org/I4210154162"]}],"countries":["ID"],"is_corresponding":false,"raw_author_name":"Heriyati Chrisna","raw_affiliation_strings":["Universitas Pembangunan Panca Budi"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Universitas Pembangunan Panca Budi","institution_ids":["https://openalex.org/I4210154162"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I4210154162"],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":true,"cited_by_count":0,"citation_normalized_percentile":{"value":0.0769939,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":"4","issue":"2","first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11365","display_name":"Islamic Finance and Banking Studies","score":0.9951000213623047,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11365","display_name":"Islamic Finance and Banking Studies","score":0.9951000213623047,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.0026000000070780516,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12123","display_name":"Financial Analysis and Corporate Governance","score":0.000699999975040555,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/sharia-stocks","display_name":"sharia stocks","score":0.9169999957084656},{"id":"https://openalex.org/keywords/conventional-stocks","display_name":"conventional stocks","score":0.972000002861023},{"id":"https://openalex.org/keywords/islamic-investment","display_name":"Islamic investment","score":0.5649999976158142},{"id":"https://openalex.org/keywords/stock-returns","display_name":"stock returns","score":0.8370000123977661},{"id":"https://openalex.org/keywords/investment-risk","display_name":"investment risk","score":0.9769999980926514},{"id":"https://openalex.org/keywords/volatility","display_name":"volatility","score":0.6489999890327454},{"id":"https://openalex.org/keywords/jii-index","display_name":"JII index","score":0.6639999747276306},{"id":"https://openalex.org/keywords/idx30-index","display_name":"IDX30 index","score":0.8130000233650208},{"id":"https://openalex.org/keywords/indonesia-stock-exchange","display_name":"Indonesia Stock Exchange","score":0.9139999747276306}],"concepts":[{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.37067756056785583}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.56709/mrj.v4i2.682","doi":"https://doi.org/10.56709/mrj.v4i2.682","is_oa":true,"landing_page_url":"https://doi.org/10.56709/mrj.v4i2.682","pdf_url":"https://www.mes-bogor.com/journal/index.php/mrj/article/download/682/592","source":{"id":"https://openalex.org/S4387282203","display_name":"Economic Reviews Journal","issn_l":"2830-6449","issn":["2830-6449"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Economic Reviews Journal","raw_type":"journal-article"}],"best_oa_location":{"id":"doi:10.56709/mrj.v4i2.682","doi":"https://doi.org/10.56709/mrj.v4i2.682","is_oa":true,"landing_page_url":"https://doi.org/10.56709/mrj.v4i2.682","pdf_url":"https://www.mes-bogor.com/journal/index.php/mrj/article/download/682/592","source":{"id":"https://openalex.org/S4387282203","display_name":"Economic Reviews Journal","issn_l":"2830-6449","issn":["2830-6449"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Economic Reviews Journal","raw_type":"journal-article"},"sustainable_development_goals":[],"sustainable_development_goals_aurora":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W4409468601.pdf","grobid_xml":"https://content.openalex.org/works/W4409468601.grobid-xml"},"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W4391375266","https://openalex.org/W2765153054","https://openalex.org/W2596173151","https://openalex.org/W3213789065","https://openalex.org/W3080576469","https://openalex.org/W4231340554","https://openalex.org/W1491839574","https://openalex.org/W2931838652","https://openalex.org/W3168296622","https://openalex.org/W4409405436"],"abstract_inverted_index":{"Sharia":[0],"and":[1,9,45,49,71,93,147,151],"conventional":[2,50,74,112,134,152,174],"stock":[3,165],"investments":[4],"each":[5],"have":[6,17,29],"different":[7],"return":[8,104],"risk":[10,118,172],"profiles,":[11],"where":[12],"sharia":[13,25,48,69,106,121,150,164],"stocks":[14,153,175],"tend":[15],"to":[16,32,39],"lower":[18,132,171],"volatility":[19],"because":[20],"they":[21],"are":[22],"limited":[23],"by":[24,125],"principles":[26],"but":[27],"still":[28],"the":[30,41,54,59,78,145,177],"potential":[31],"provide":[33],"competitive":[34],"returns.":[35],"This":[36],"research":[37,63,98,161,178],"aims":[38],"analyze":[40],"comparison":[42],"of":[43,66,86,114,120,129,136,149,158],"returns":[44,146,169],"risks":[46,148],"between":[47,144],"shares":[51,70,75,107,113,122,135],"listed":[52],"on":[53,105],"Indonesia":[55],"Stock":[56],"Exchange":[57],"for":[58],"2019-2023":[60],"period.":[61,179],"The":[62,97,102,117,160],"sample":[64,95],"consisted":[65],"30":[67,72],"JII":[68],"IDX30":[73],"selected":[76],"using":[77],"purposive":[79],"sampling":[80],"method.":[81],"Data":[82],"analysis":[83],"uses":[84],"calculations":[85],"realized":[87],"return,":[88,90],"expected":[89],"standard":[91,127],"deviation,":[92],"independent":[94],"t-test.":[96],"results":[99],"show:":[100],"(1)":[101],"average":[103],"is":[108,131,140],"12.3%":[109],"higher":[110,168],"than":[111,133,173],"10.1%;":[115],"(2)":[116],"level":[119,157],"as":[123],"measured":[124],"a":[126,141,155],"deviation":[128],"2.8%":[130],"3.4%;":[137],"(3)":[138],"There":[139],"significant":[142],"difference":[143],"at":[154],"significance":[156],"5%.":[159],"concluded":[162],"that":[163],"investment":[166],"provided":[167],"with":[170],"during":[176]},"counts_by_year":[],"updated_date":"2026-09-24T07:57:37.273135","created_date":"2025-10-10T00:00:00"}