@phdthesis{digilib78505, month = {July}, title = {DETERMINAN KINERJA INVESTASI DANA HAJI DI INDONESIA: STUDI EMPIRIS PADA BADAN PENGELOLA KEUANGAN HAJI (BPKH) PERIODE 2018?2024}, school = {UIN SUNAN KALIJAGA YOGYAKARTA}, author = {NIM.: 22108030046 Novi Tsania Fitriana NIM. 22108030046}, year = {2026}, note = {Dr. Mukhamad Yazid Afandi, M.Ag}, keywords = {Dana Haji; BPKH; ROI; Likuiditas, Rasio Investasi; Kendall?s Tau-b}, url = {https://digilib.uin-suka.ac.id/id/eprint/78505/}, abstract = {The fluctuation of BPKH?s ROI (5,31\% - 7,22\%) amidst rising AUM underlies this research. This Study aims to analyze the relationships between mandatory liquidity, the investment ratio, and total managed funds with ROI for the 2018?2024 period. A quantitative approach utilizing secondary data was employed, with analysis conducted via the Kendall?s Tau-b correlation test. The results indicate that mandatory liquidity has a negative relationship with ROI, whereas the investment ratio and total managed funds exhibit a positive relationship; however, none of these relationships are statistically significant. These findings provide empirical insight into the relationship between internal factors and the investment performance of Hajj funds.} }