THE EFFECTS OF MACROECONOMIC VARIABLES ON PROFIT-SHARING YIELD PRICING

Abstract

This research analyzes the infuence of macroeconomic variables such as Bank Indonesia rate, exchange rates, and inflation rate on pricing the profit-sharing yield for fundraising product in Indonesian Islamic banking. It uses a multiple regression to analyze the influence, and it also uses financial ratio and the profit-sharing yield from the previous period as control variables for this research. The analysis result shows that macroeconomic variables have significance influences on the pricing for profit-sharing yield in Islamic banking. 
Keyword: BI rate, exchange rate, profit-sharing yield, inflation rate, interest rateJEL classification: E40, G21, Z12