Perbandingan Kinerja Saham Konvensional dan saham syariah di Pasar Modal
DOI:
https://doi.org/10.26740/jim.v14n1.p159-167Kata Kunci:
independent sample t-test, retur, risk, standard deviation.Abstrak
This This study compares the performance of conventional and Sharia-compliant stocks in the Indonesian capital market using data from the Jakarta Islamic Index (JII) and IDX30 for 2020–2024. Quantitative descriptive methods were employed, with stock returns and risks (standard deviation) as performance indicators. Purposive sampling selected 7 Sharia and 7 conventional stocks consistently listed during the period. Statistical analysis using the Independent Samples t-test in SPSS 25 showed no significant differences in returns (sig. 0.359) or risks (sig. 0.833) between Sharia and conventional stocks. External factors such as the COVID-19 pandemic, government policies, and global market fluctuations contributed to this convergence. These findings imply that Sharia stocks offer comparable financial performance to conventional stocks, supporting their viability for Muslim investors.
Keywords: Return, Risk, Standard Deviation, Independent Sample T-test,
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