%A NIM.: 21108030005 Hilal Najmi Risdana Torkis %O Muhfiatun, S.E.I., M.E.I. %T PENGARUH PRODUK DOMESTIK BRUTO (PDB), HARGA EMAS DUNIA DAN INDEKS PRODUKSI INDUSTRI (IPI) TERHADAP INDEKS HARGA SAHAM SYARIAH INDONESIA DENGAN NILAI TUKAR RUPIAH SEBAGAI VARIABEL MODERASI PERIODE 2018-2023 %X This study aims to examine the influence of gross domestic product, global gold prices, and the industrial production index on the Indonesian Sharia Stock Index, with the exchange rate as a moderating variable. This is a quantitative study using the Vector Error Correction Model (VECM) approach, assisted by EViews software. The findings indicate that gross domestic product has a significant negative effect on the Sharia stock index. Global gold prices have a significant positive effect on the Sharia stock index. The industrial production index has no effect on the Sharia stock index. Furthermore, the exchange rate can moderate the influence of gross domestic product and global gold prices on the Sharia stock index. Lastly, the exchange rate cannot moderate the influence of the industrial production index on the sharia stock ind %K Ekonomi Makro, Indeks Harga Saham Syariah Indonesia, Jakarta Islamic Index %D 2025 %I UIN SUNAN KALIJAGA YOGYAKARTA %L digilib70400