Tujuan penelitian ini adalah untuk menganalisis reaksi pasar modal Indonesia terhadap perbedaan average abnormal return dan average trading volume activity antara sebelum dan sesudah pengumuman munculnya COVID-19 varian omicron pertama di Indonesia. Penelitian ini merupakan jenis penelitian kuantitatif dengan menggunakan pendekatan event study. Sampel yang digunakan adalah emiten farmasi yang aktif terdaftar di Bursa Efek Indonesia selama periode event dengan menggunakan metode purposive sampling. Pengujian hipotesis menggunakan Paired Sample T-Test. Hasil penelitian dari pengujian hipotesis menunjukkan bahwa: (1) Tidak ada perbedaan signifikan pada average abnormal return antara periode sebelum dan sesudah pengumuman munculnya COVID-19 varian omicron pertama di Indonesia. (2) Tidak ada perbedaan yang signifikan pada average trading volume activity antara sebelum dan sesudah pengumuman munculnya COVID-19 varian Omicron pertama di Indonesia.

This study aims to measure the performance of Indonesian Sharia Banks. Bank Syariah Indonesia is a bank resulting from the merger of three state-owned sharia commercial banks, namely Bank Rakyat Indonesia Syariah, Bank Negara Indonesia Syariah and Bank Syariah Mandiri. Previously, research on these 3 banks had been carried out before the merger occurred. This study seeks to see the performance of Indonesian Islamic Banks after the merger using the Islamicity Performance Index approach. The data used is Bank Syariah Indonesia annual report data for 2021. The results of this study show that two indicators have very satisfactory values, namely Islamic Investment vs. Non-Islamic Investment and Islamic Income vs. Non-Islamic Income, the Equitable Distribution Ratio indicator has a fairly good value, the Profit Sharing Ratio indicator has an unsatisfactory value, and the last two indicators, namely the Zakat Performance Ratio and the Director-Employee Welfare Ratio have very unsatisfactory values.

This study aims to measure the performance of Indonesian Sharia Banks. Bank Syariah Indonesia is a bank resulting from the merger of three state-owned sharia commercial banks, namely Bank Rakyat Indonesia Syariah, Bank Negara Indonesia Syariah and Bank Syariah Mandiri. Previously, research on these 3 banks had been carried out before the merger occurred. This study seeks to see the performance of Indonesian Islamic Banks after the merger using the Islamicity Performance Index approach. The data used is Bank Syariah Indonesia annual report data for 2021. The results of this study show that two indicators have very satisfactory values, namely Islamic Investment vs. Non-Islamic Investment and Islamic Income vs. Non-Islamic Income, the Equitable Distribution Ratio indicator has a fairly good value, the Profit Sharing Ratio indicator has an unsatisfactory value, and the last two indicators, namely the Zakat Performance Ratio and the Director-Employee Welfare Ratio have very unsatisfactory values.