Growth and value effect on Jakarta Islamic Index: analysis towards performance of Sharia equity mutual fund

• Main Authors: Rusmita, Sylva Alif, Che Mohd Salleh, Marhanum, Sukmaningrum, Puji Sucia, , Siti Zulaikha
• Format: Article
• Language: English
• Published: State Islamic University Syarif Hidayatullah Jakarta 2019
• Subjects: HG Finance; HG3368 Islamic Banking and Finance; HG4501 Stocks, investment, speculation
• Online Access: http://irep.iium.edu.my/74751/1/74751_Growth%20and%20value%20effect%20on%20Jakarta%20Islamic%20Index.pdf; http://irep.iium.edu.my/74751/; http://journal.uinjkt.ac.id/index.php/iqtishad/issue/archive

This study provides evidence that value and growth stocks are able to explain Net Asset Value of sharia mutual fund. Growth and value stocks in 2013-2017 are used to predict mutual fund profits. Thus, prior to any losses or lower Net Asset Value experienced by customers, investment managers and inve...