Analysis Of Determinants of Student Interest in Investing in The Islamic Capital Market (Case Study of Islamic High School Students Jam'iyah Mahmudiyah Tanjung Pura-Langkat)

Abstract

This research on analyzing the determinants of student interest in investing in the Islamic capital market aims to analyze the effect of religiosity, knowledge, benefits and minimum investment capital on student interest in investing in the Islamic capital market. This type of research is a quantitative research that aims to analyze the determinants of student interest in investing their money in the Islamic capital market. Regarding the independent variables used, namely religiosity, knowledge, benefits and minimum investment capital, while the dependent variable used is interest in investing in the Islamic capital market. The population of this study were students of the Islamic High School (STAI) Jam'iyah Mahmudiyah Tanjung Pura-Langkat, Indonesia. Meanwhile, the determination of the number of samples was carried out using the Slovin formula and then obtained a sample of 100 students. The data analysis technique used is multiple linear regression analysis. Based on the results of the analysis that has been done, it can be concluded that partially religiosity and benefits have no significant effect on interest in investing in the Islamic capital market. Meanwhile, knowledge and minimum investment capital partially have a positive and significant effect on interest in investing in the Islamic capital market. Then simultaneously religiosity, knowledge, benefits and minimum investment capital have a significant effect on interest in investing in the Islamic capital market. Based on the results of the analysis that has been done, it can be concluded that partially religiosity and benefits have no significant effect on interest in investing in the Islamic capital market. Meanwhile, knowledge and minimum investment capital partially have a positive and significant effect on interest in investing in the Islamic capital market. Then simultaneously religiosity, knowledge, benefits and minimum investment capital have a significant effect on interest in investing in the Islamic capital market. Based on the results of the analysis that has been done, it can be concluded that partially religiosity and benefits have no significant effect on interest in investing in the Islamic capital market. Meanwhile, knowledge and minimum investment capital partially have a positive and significant effect on interest in investing in the Islamic capital market. Then simultaneously religiosity, knowledge, benefits and minimum investment capital have a significant effect on interest in investing in the Islamic capital market. Meanwhile, knowledge and minimum investment capital partially have a positive and significant effect on interest in investing in the Islamic capital market. Then simultaneously religiosity, knowledge, benefits and minimum investment capital have a significant effect on interest in investing in the Islamic capital market. Meanwhile, knowledge and minimum investment capital partially have a positive and significant effect on interest in investing in the Islamic capital market. Then simultaneously religiosity, knowledge, benefits and minimum investment capital have a significant effect on interest in investing in the Islamic capital market.