PENGARUH INFLASI DAN INDEKS SYARIAH (JAKARTA ISLAMIC INDEX) TERHADAP KINERJA REKSADA SUARIAH

Islamic mutual fund is an invesment which has a lot of profit than other investment's instrument, however in every economic activities is never be free from a risk. That condition causes a very interesting research on Islamic mutual fund performance. the aim of this research is to know the effect of inflation and lndex sharia (Jakarta Islamic Index) towards Islamic mutual fund performance. this research uses a net active value's data (NAB) which published by BAPEPAM LK, inflation data which published by Indonesian bank and jakarta islamic index's data which obtained from indonesian stock exchange report. the time used in this research is from 2010 to 2012. by using purposive sampling there are 26 Islamic mutual fund was choosen as the actives and always exists during research analysis period. The research method is using regression analysis by panel data where the dependent variable is Islamic mutual fund performance while the independent variables are inflation and sharia index. The result of this research indicates that inflation and sharia index (Jakarta Islamic Index) are simultaneously effect to the Islamic mutual fund performance. Partially, the inflation variable is does not effect towards Islamic mutual fund performance while sharia index is significantly has the effect towards Islamic mutual fund performance.