OPTIMALISASI PEMANFAATAN INDEKS ISSI, IDX ESGL, IDX SHARIA GROWTH DAN IDX HIGH DIVIDED UNTUK EVALUASI SAHAM BERBASIS MAQASHID SYARIAH

Diyah Saputri; Yuni Astuti; Yuni Astuti

Diyah Saputri UIN Raden Mas Said Surakarta
Yuni Astuti UIN Raden Mas Said Surakarta
Yuni Astuti UIN Raden Mas Said Surakarta

Keywords: ISSI, IDX ESGL, IDX High Dividend, IDX Sharia Growth, maqashid sharia, sharia stocks, stock valuation

Abstract

Abstrack This article aims to analyze how the ISSI, IDX ESGL, IDX High Dividend, and IDX Sharia Growth stock indices can be utilized for investing in accordance with the five principles of maqashid sharia. The results of the analysis show that TLKM and UNVR stocks meet the criteria of the five principles of maqashid sharia. Furthermore, both stocks are valued using the PER (Price to Earnings Ratio) Approach. The data used are EPS (Earnings Per Share) for the last 11 years and the average annual PER. As a result, both stocks are undervalued and worth buying. This study also shows that investors can utilize these stock indices to invest in accordance with the five principles of maqashid sharia.