Islamiah and Iwan Kusmayadi 2026. Banking Stock Market Reaction to the Announcement Bank Indonesia Interest Rate Event: Announcement of BI Benchmark Interest Rate Reduction, By the Board of Governors Meeting, August 19, 2025. Al-Kharaj: Journal of Islamic Economic and Business. 8, 1 (Feb. 2026). DOI:https://doi.org/10.24256/kharaj.v8i1.9605.