https://journaltransnationaluniversalstudies.org/index.php/gp <p><strong>Journal Transnational Universal Studies </strong>is a double blind peer-reviewed academic journal and open access to law and politics. The journal is published monthlyrec by Central Publishing.</p> <p><br /><strong>Journal Transnational Universal Studies</strong> provides a means for sustained discussion of relevant issues that fall within the focus and scopes of the journal which can be examined empirically.<br />This journal publishes research articles multidisciplinary sciences, which includes: Humanities and social sciences, contemporary political science, Educational sciences, religious sciences and philosophy, economics, Engineering sciences, Health sciences, medical sciences, design arts sciences and media. Published articles are from critical and comprehensive research, studies or scientific studies on important and current issues or reviews of scientific books.</p> <p>Published articles are from critical and comprehensive research, studies or scientific studies on important and current issues or reviews of scientific books.</p> <p>This journal publishes research articles covering multidiciplinary.<br />Journal has become a member of Crossref (Prefix: <a href="https://doi.org/10.58631/ajhs.v2i5.46">10.58631</a>) with Online ISSN <a href="https://portal.issn.org/resource/ISSN/2984-7435">2984-7435</a> and Print ISSN <a href="https://portal.issn.org/api/search?search%5b%5d=MUST=allissnbis=%222984-7427%22&amp;search_id=26747351">2984-7427</a></p> en-US [email protected] (JTUS ) [email protected] (JTUS ) Tue, 31 Dec 2024 23:53:33 +0000 OJS 3.2.1.4 http://blogs.law.harvard.edu/tech/rss 60 https://journaltransnationaluniversalstudies.org/index.php/gp/article/view/134 Zulkarnaini Zulkarnaini, Nawawi Marhaban, Nurdin Nurdin Copyright (c) 2025 Zulkarnaini, Nawawi Marhaban, Nurdin https://creativecommons.org/licenses/by-sa/4.0 https://journaltransnationaluniversalstudies.org/index.php/gp/article/view/134 Wed, 01 Jan 2025 00:00:00 +0000 https://journaltransnationaluniversalstudies.org/index.php/gp/article/view/144 <p>The efficiency of the Islamic stock market is pivotal amid global economic uncertainties, serving as a resilient alternative to conventional markets through adherence to sharia principles. This study aims to analyze the efficiency, volatility, and performance of the Indonesian Islamic stock market (Jakarta Islamic Index/JII) over a five-year period (2019–2024), reflecting global economic challenges. Using a quantitative approach, this research employs volatility and performance analysis models with data drawn from financial reports and macroeconomic indicators. Findings reveal that while the Islamic stock market in Indonesia experiences increased volatility during economic crises, it demonstrates superior stability and competitive returns compared to conventional markets. These results underscore the role of sharia principles in mitigating speculative risks and enhancing market resilience. Implications of this study suggest that policymakers, investors, and regulators can leverage the insights to develop strategies for risk management and investment optimization within the Islamic capital market ecosystem. Enhanced financial literacy and technological innovations are recommended to bolster transparency and efficiency, ensuring sustainability in the global economic landscape.</p> Choiruddin Choiruddin, Safrizal Safrizal, Dewi Sartika, Addiya Ullami, Romadhan Romadhan, Arief Safari, Amie Amelia Copyright (c) 2025 Choiruddin, Safrizal, Dewi Sartika, Addiya Ullami, Romadhan, Arief Safari, Amie Amelia https://creativecommons.org/licenses/by-sa/4.0 https://journaltransnationaluniversalstudies.org/index.php/gp/article/view/144 Sat, 18 Jan 2025 00:00:00 +0000