Pengenalan Saham Syariah di BEI

Summary

This video explains the principles of Sharia-compliant stocks in the Islamic finance market. It covers the key concepts such as the use of Mudharabah, Musyarakah, and Wakalah in stock transactions, along with the criteria for a stock to be considered Shariah-compliant, including the nature of the business and financial ratios. It also discusses factors like dividend yields, capital gains, and the importance of fundamental analysis when selecting stocks. Furthermore, it provides examples of industries and companies that meet Shariah standards, and explains how investors can use Shariah-compliant trading platforms.

Takeaways

• 😀 Shariah-compliant stocks must adhere to principles such as avoiding haram activities, and have specific financial ratios for eligibility.
• 😀 Shariah-compliant stocks exclude industries such as gambling, alcohol, and interest-based businesses.
• 😀 The Jakarta Islamic Index (JII) tracks a selection of 70 Shariah-compliant stocks, regularly updated each year.
• 😀 Investors can use the Shariah Online Trading System (SOTX) to buy stocks from the Shariah-compliant list.
• 😀 Investors buy Shariah-compliant stocks to gain dividends and capital gains.
• 😀 Dividend calculations are based on the number of lots of shares held, with dividends paid per share, typically once a year.
• 😀 Capital gains are calculated based on the price difference between the buying and selling price of shares.
• 😀 Key factors in stock selection include fundamental analysis like price-to-earnings ratio, book value, and income growth.
• 😀 Market sentiment, as seen with certain stocks like PT Matahari and Netflix, can influence stock prices during market conditions such as a pandemic.
• 😀 Shariah-compliant stocks come from various sectors, including mining, chemicals, and infrastructure, and their performance is based on ethical and financial criteria.

Q & A

What are the key contracts used in Islamic finance in the capital markets?

The key contracts used in Islamic finance in the capital markets are **Mudharabah**, **Musyarakah**, and **Wakalah**.

What types of activities are prohibited for Shariah-compliant stocks?

Shariah-compliant stocks must avoid activities such as **selling prohibited goods** (e.g., alcohol or gambling) and engaging in **margin trading**.

What are the criteria for a stock to be considered Shariah-compliant?

For a stock to be considered Shariah-compliant, its company must have a business aligned with Shariah law, and its financial ratios must meet specific requirements, such as a low interest-based debt-to-asset ratio and revenue from interest not exceeding a certain percentage.

What is the Jakarta Islamic Index (JII) and how many companies were listed on it as of 2020?

The **Jakarta Islamic Index (JII)** lists Shariah-compliant stocks, and as of 2020, it included 70 stocks, with 30 of them listed on the more selective **JII30** index.

What is the Shariah Online Trading System (SOTX) and what role does it play in the Islamic capital market?

The **Shariah Online Trading System (SOTX)** allows investors to buy and sell Shariah-compliant stocks. It involves 18 companies that offer services for trading these stocks.

What are the two primary goals of investors when buying stocks in the Shariah-compliant market?

Investors in the Shariah-compliant market typically aim to earn **dividends** and **capital gains**.

How are dividends calculated for Shariah-compliant stocks?

Dividends for Shariah-compliant stocks are calculated based on the number of shares (or lots) an investor holds, with the dividend amount per share announced by the company.

What is capital gain and how is it calculated in the context of stock investments?

A **capital gain** is the profit made by selling a stock at a higher price than the purchase price. For example, buying a stock at Rp1500 per share and selling it at Rp1600 results in a gain of Rp100 per share.

What factors should an investor consider when purchasing a Shariah-compliant stock?

An investor should consider both **fundamental analysis** (such as price-to-earnings ratio, asset value, and profit growth) and **market information** (such as how stocks performed during certain periods like the pandemic) when deciding to buy a Shariah-compliant stock.

Can you give an example of Shariah-compliant stocks that performed well during the pandemic?

During the pandemic, stocks such as **PT Matahari Department Store** and **Netflix** saw an increase in value, making them examples of Shariah-compliant stocks that performed well in challenging times.