Indonesia Conference Directory

Corresponding Author
Aisyah Vanadia Rubianto

Institutions
State Polytechnic of Malang
National Yunlin University of Science and Technology

Abstract
The purpose of this research is to understand the motivations of Indonesian public companies in issuing Sukuk and conventional bond. Indonesia are chosen because researches that determine the issuance of Sukuk is still scant whilst the growth of Sukuk is rapid. The samples are 57 public companies that issue 97 conventional bond and 22 Sukuk from 2007 – 2016. By using logistic regression, the result proposes that there are differences between the determinant of Sukuk and bond issuers. Firms with higher leverage ratio are more inclined to issue Sukuk than bond. Thus, this result complies with trade-off theory.

Keywords
Sukuk, bond, trade-off theory

Topic
Islamic Finance

Link: https://ifory.id/abstract/gvutLYQynXzR

Corresponding Author
Fajar Islamiyah Rahmawati

Institutions
a) Accounting Department, State Polytechnic of Malang, Jl. Soekarno Hatta No. 9, Kec. Lowokwaru , Kota Malang, Jawa Timur 65141, Indonesia
b) Accounting Department, State Polytechnic of Malang, Jl. Soekarno Hatta No. 9, Kec. Lowokwaru , Kota Malang, Jawa Timur 65141, Indonesia

Abstract
This research aims to analyze factors that influence accounting students- interest to become Islamic Banks- customers (A case study: Accounting Students of State Polytechnic of Malang). The factors are knowledge, religiosity, product, reputation, and service. This research uses primary data by distributing questionnaires to accounting students in State Polytechnic of Malang, and then the samples of 416 respondents are analyzed based on Multiple Linear Regression. The result shows that knowledge does not significantly and negatively affect the students- interest while religiosity, product, reputation, and service significantly and positively affect the students- interest to become Islamic Banks- customer. Therefore, to improve the accounting students- interest to become Islamic Banks- customer, the banks should improve their Automated Teller Machine (ATM) facilities, maintain and enhance the Islamic principles, and increase their promotion strategy.

Keywords
bank, knowledge, religiosity, product, reputation, service

Topic
Islamic Finance

Link: https://ifory.id/abstract/zcKHr8WQmy7F