This study aimed to examine the effect of the Capital Structure and Profitability of the Company's value in the Islamic capital market listed on the Stock Exchange. The research sample is done with purposive sampling method based on the criteria of (1) the Company entering into the Islamic Capital Market listed on the Stock Exchange which always presents the financial report fiscal year ended December 31, during the observation period (2013 and 2014). (2) In the financial statements include the financial ratio values that will be examined include the DAR, ROE, NPM. (3) Data is always consistent during the period of the study. Thus obtained a sample of 27 companies. This study uses multiple linear regression model. Results of this study concludes that the variables simultaneously Profitability and Capital Structure positive and significant impact on the value of the Company. However partially based upon extraneous variables each has a different effect, namely ROE positive and significant impact on the PBV, NPM negative effect and significant to PBV while the DAR positive effect and significant to the PBV, variable Size control and its significant negative effect on the PBV. 
Keywords: Profitability, Capital Structure and Firm Value.