MATURITY, TYPE OF CONTRACT AND SUKUK NOMINAL PRICES

Abstract

Sukuk as one of Islamic financial instruments has shown a large nominal value trend. The
issuance of sukuk with a large nominal value is inseparable from the macroeconomic and
microeconomic aspects. Microeconomic aspects are currently not studied in depth, including
assessing nominal values. Therefore explorative research is needed on the nominal value of
sukuk using maturity and type of contract as a contributing factor. Influence analysis is
performed using chi square variation test with. This research was conducted on companies that
sell sukuk on the Indonesia Stock Exchange (IDX) in a particular month. Research is cross
sectional. The results showed that the maturity, type of contract and the maturity of each contract
affect the nominal value of the sukuk at a significance level of thirty percent (30%).