Examining Islamic Funds Underperformance: The Case Of Malaysia

• Main Authors: Mohd Rahimie Abd Karim, Mehmet Asutay, Zurina Shafii, Masmurniwati Mohd Aris
• Format: Article
• Language: English
• Published: Universiti Sains Islam Malaysia 2015
• Subjects: Islamic funds; Shariah; Malaysia; Unit trust
• Online Access: http://ddms.usim.edu.my/handle/123456789/9065

Despite operating in a niche market, Islamic funds continue to face considerable challenge from conventional funds. Past studies have shown that the return of Islamic funds is generally lower whilst their risk is higher as compared to conventional funds and market index. This study attempts to inve...