
{"id":26614,"date":"2026-02-26T05:23:33","date_gmt":"2026-02-26T05:23:33","guid":{"rendered":"https:\/\/feb.unair.ac.id\/?p=26614"},"modified":"2026-02-26T05:23:33","modified_gmt":"2026-02-26T05:23:33","slug":"gold-characteristics-as-safe-haven-and-assets-diversification-for-sharia-stocks-in-indonesia-3","status":"publish","type":"post","link":"https:\/\/feb.unair.ac.id\/artikel-ilmiah\/gold-characteristics-as-safe-haven-and-assets-diversification-for-sharia-stocks-in-indonesia-3\/","title":{"rendered":"Gold Characteristics as Safe Haven and Assets Diversification for Sharia Stocks in Indonesia"},"content":{"rendered":"<p><strong>Title<\/strong>: Gold Characteristics as Safe Haven and Assets Diversification for Sharia Stocks in Indonesia<\/p>\n<p><strong>Authors<\/strong>:<\/p>\n<ol>\n<li>Masrizal<\/li>\n<li>Raditya Sukmana<\/li>\n<li>Bayu Arie Fianto<\/li>\n<li>M. Shabri Abd. Majid<\/li>\n<\/ol>\n<p><strong>Department<\/strong>: Ekonomi Islam<\/p>\n<p><strong>Journal Name<\/strong>: Journal of Economic Studies<\/p>\n<p><strong>Kinds of Journal<\/strong>: Q1<\/p>\n<p><strong>Keywords<\/strong>: Bank profitability, Economic freedom, Economic growth, Islamic bank, OICSGMM<\/p>\n<p><strong>Abstract<\/strong>:<\/p>\n<p><i>Purpose<\/i>: This paper aims to examine the profitability of Islamic banks benefits from economic freedom and its subcomponents.<\/p>\n<p><i>Design\/Methodology\/Approach<\/i>: This study uses a sample of 41 Islamic banks from the Organization of Islamic Cooperation (OIC) Countries selected from 2010\u20132020. It conducts an empirical approach based on the System Generalized Method of Moments (SGMM).<\/p>\n<p><i>Findings<\/i>: Overall, economic freedom has a substantial impact on the profitability of Islamic banks. We then investigate the relationship between the subcomponents of economic freedom and the profitability of Islamic banks. The study\u2019s breakdown components suggest that financial and investment freedoms are favorable  indicators, while business and monetary freedoms have a negative effect.<\/p>\n<p><i>Practical Implications<\/i>: This research can serve as a guideline for Islamic bank management in terms of maintaining performance. The results of this study provide policy implications for the government to offer friendly regulations for economic actors to engage in financial transactions by looking at the economic freedom sub-component.<\/p>\n<p><i>Originality\/Value<\/i>: To the best of the authors&#8217; knowledge, the study of the role of economic freedom in Islamic banking performance is limited, particularly in the context of OIC Countries.<\/p>\n<p><strong>For details<\/strong>: <a href=\"https:\/\/doi.org\/10.1108\/JES-01-2024-0059\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/doi.org\/10.1108\/JES-01-2024-0059<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Title: Gold Characteristics as Safe Haven and Assets Diversification for Sharia Stocks in Indonesia Authors: Masrizal Raditya Sukmana Bayu Arie Fianto M. Shabri Abd. Majid Department: Ekonomi Islam Journal Name: Journal of Economic Studies Kinds of Journal: Q1 Keywords: Bank profitability, Economic freedom, Economic growth, Islamic bank, OICSGMM Abstract: Purpose: This paper aims to examine [&hellip;]<\/p>\n","protected":false},"author":100,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[52],"tags":[],"class_list":["post-26614","post","type-post","status-publish","format-standard","hentry","category-artikel-ilmiah"]}