Hadirnya sukuk terutama sukuk koorporasi dalam perekonomian nasional dapat dikatakan berkembang pesat, adanya legalitas serta diyakini sebagai salah satu instrumen investasi bagi pertumbuhan ekonomi. Pada penelitian skripsi kali ini bermaksud untuk melakukan pengujian pengaruh adanya penerbitan sukuk yang dikatakan sebagai instrumen investasi serta dampaknya bagi variabel makro ekonomi di Indonesia khususnya variabel suku bunga dan inflasi pada periode 2012-2018.Pengujian ini bersifat secara kuantitatif yang berdasarkan jumlah data sekunder terkumpul sebanyak 84 bulan dalam kurun waktu 2012-2018. Serta di analisis dengan regresi data panel teknik model common effect yang diolah menggunakan Stata 14.
Berdasarkan hasil uji analisis diperoleh bahwa penerbitan sukuk sebagai instrument investasi berpengaruh besar pada variabel makro ekonomi khususnya jangka panjang, namun demikian dengan jangka pendek jutru melancarkan likuiditas perbankan agar ekonomi nasional stabil khususnya perbankan
Kata Kunci : Sukuk, Investasi, Makro Ekonomi
The presence of corporate sukuk in the national economy can be said to be developing rapidly, the existence of legality and is believed to be one of the investment instruments for economic growth. This thesis research intends to test the effect of the issuance of sukuk which is said to be an investment instrument and it’s impact on macroeconomic variables in Indonesia, especially the variable interest rates and inflation in the period 2012-2018. This testing is quantitative based on the amount of secondary data collected as much as 84 months in the 2012-2018 period. And analyzed by panel data regression common effect model techniques processed using Stata 14.
Based on the results of the analysis test, it is found that the issuance of sukuk as an investment instrument has a major effect on macroeconomic variables, especially long term, however, in the short term, the bank launches liquidity so that the national economy is stable, especially banking.
Keyword : Sukuk, Investment, Macroeconomics