Review Financial Performance on Sharia Stock Prices at Coal Sector

This research evaluated the financial performance indicators, including Return on Equity (ROE), Return on Assets (ROA), Gross Profit Margin (GPM), and Net Profit Margin (NPM), that influenced the pricing of Sharia coal stocks, impacting economic decisions. This research employed a quantitative descriptive method utilizing secondary data derived using purposive sampling. The sample comprised 25 energy or coal sector companies listed on the IDX and the Sharia Securities List (DES) for the 2020 to 2023 period. This research analyzed financial performance variables for companies issuing Sharia stocks, offering an overview of the evolution of Sharia stocks, which presents a novel viewpoint on the state of the Sharia capital market. Investment is crucial in fostering economic growth in both industrialized and developing nations. Hence, this research seeks to enhance investors’ and potential investors’ comprehension of financial reports by providing a solid platform for informed investment decisions.