Analysis of Sukuk Role in Government Investment
Infrastructure development in Indonesia is in the development stage. The movement of economic growth rate in a country cannot be separated from the availability of infrastructure. Infrastructure in Indonesia is budgeted in the State Expenditure Budget (APBN), taking into account the amount of these funds obtained from loans made by the State. Where usually, the StateState guarantees the negotiable instruments owned by the StateState. Loans made by the StateState are intended to finance infrastructure development in Indonesia. In budgeting funds for financing infrastructure development, the government can only bear one-third of the total funding needed to build infrastructure. This study aims to provide an alternative concept of infrastructure financing with a sharia financial system using government infrastructure development financing with Sukuk. This research was conducted by analysis using the AMOS 23 application. The variables used were Sukuk investment returns), Sukuk Risk, Sukuk Investor Satisfaction and Government Investment in Infrastructure. The results obtained that these variables affect the Government investment in the Infrastructure Sector.