A comparative study of Islamic unit trust and conventional unit trust in Malaysia : an emphasis on its performance

Author

• Suhaili Sarif, Universiti Malaya

Date of Award

1-1-2001

Thesis Type

Masters

Document Type

Thesis

Divisions

Faculty of Business and Economics

Department

-

Institution

Universiti Malaya

Abstract

The emergence of Islamic unit trust in the Malaysian unit trust industry is reflection of a strong desire among Muslims in general and investors in specific, to have a fund intermediary which is in compliance with Syariah principles. However, its implementation has only come into success after continuous effort and commitment from the government. Unfortunately after almost 10 years of operation in the market, Islamic unit trust has only managed to capture a minuscule proportion in the unit trust market, besides receiving several negative perceptions. This study tries to determine the significant similarities and differences between Islamic and conventional un it trust from the Malaysian perspective. In addition, the performance of both types of funds based on the selected sample is worked on to conform the hypothesis. The findings from the test employed are very important to either validate the aforementioned negative perceptions or to reject it as a baseless allegation. Besides, the study also suggests several recommendations in order to promote the acceptance of Islamic unit trust specifically and the whole unit trust industry in general.

Initial

snms

Additional Information

Dissertation (M.A) -- Faculty of Business and Economics, Universiti Malaya, 2001.

Recommended Citation

Sarif, Suhaili, "A comparative study of Islamic unit trust and conventional unit trust in Malaysia : an emphasis on its performance" (2001). Student Works (2000-2009). 622.
https://knova.um.edu.my/student_works_2000s/622

Creative Commons License

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