BI-7 INFLUENCE ANALYSISDAYS REPO RATE,JAKARTA ISLAMIC INDEX, AND THE AMOUNT OF MONEY IN CIRCULATION TOWARDS THE GROWTH RATE OF ASSET VALUES NET WAGE (NAB) OF SYARIAH MUTUAL FUNDS PERIOD 2019 - 2023

Abstract

This research aims to examine the influence of the BI-7 Days Repo Rate (BI7DRR), Jakarta Islamic Index (JII), and Money Supply on the growth rate of Net Asset Value (NAV) of sharia mutual funds for the period 2019-2023. This type of research is quantitative with secondary data. The data analysis method used is multiple linear analysis with the help of the SPSS version 22 program using saturated sampling. The result of this research is that the BI-7 Days Repo Rate has a negative effect on the growth rate of NAV of sharia mutual funds, the Jakarta Islamic Index has no effect on the growth rate of NAV of sharia mutual funds, and "Money Circulation Amount" has a negative influence on the growth rate of NAB of sharia mutual funds.