Return Provisions Stipulated Investor Holding Periode In Islamic Banking’s Share (Artificial Intelligent VS Panel Approach)

The purpose of this research is to examine the effects of macroeconomic, bid-ask spread, and stock return on the holding period of Islamic banking shares in OIC countries. During the study period (May 2018–November 2021), panel data regression and machine learning approaches were utilized to discover partial correlations between variables. The results showed that returns had the highest significance impact in a positive direction, meaning that investors are concerned about income growth, and high return make holding period longer. While variable gold prices, exchange rates, and bid-ask spreads showed negative significance to the holding period. The unique funding is that covid-19 cases do not necessarily change the investor’s holding period in Islamic banking stocks. The results of study can be taken into consideration by the government to always maintain the stability of macroeconomic conditions as a risk reduction strategy to protect investor. As for Islamic banking, the result of the current study can be used as a reference to assess the behavior of investors so that companies can achieve industrial growth. The novelty of this research is the research method, which compares traditional statistical results with machine learning, as well as the update case in Covid condition.