Efektivitas Diversifikasi Portofolio Investasi pada Instrumen Syariah

Abstract

This study aims to evaluate the effectiveness of diversifying investment portfolios in sharia instruments, focusing on the potential for risk reduction and increased returns through an appropriate diversification approach. The method used is a portfolio analysis based on the Markowitz model using sharia stock data recorded in the Jakarta Islamic Index (JII) and other sharia instruments. The results show that portfolio diversification involving sharia stocks provides benefits in the form of reduced risk, albeit with less sacrifice in terms of returns. The implication of this study is the importance of applying the principle of diversification in sharia investment portfolios to increase financial resilience and optimize the potential of the growing sharia capital market.