The determinants of Islamic REITs performance in Malaysia: case study of axis REIT / Muhammad Adib Syahir Rusli

Islamic Real Estate Investment Trusts (I-REITs) have been established to enlarge the scope of Islamic Capital Market in Malaysia. Almost 13 years of establishment of I-REITs since 2006, it is something interesting to study the performance of this Islamic property investment vehicle because it is a p...

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Main Author: Rusli, Muhammad Adib Syahir
Format: Student Project
Language:English
Published: Faculty of Business and Management 2019
Subjects:
Online Access:http://ir.uitm.edu.my/id/eprint/25780/
http://ir.uitm.edu.my/id/eprint/25780/1/PPb_MUHAMMAD%20ADIB%20SYAHIR%20RUSLI%20BM%20M%2019_5.pdf
id uitm-25780
recordtype eprints
spelling uitm-257802019-10-24T01:27:03Z http://ir.uitm.edu.my/id/eprint/25780/ The determinants of Islamic REITs performance in Malaysia: case study of axis REIT / Muhammad Adib Syahir Rusli Rusli, Muhammad Adib Syahir Income. Income distribution. National income. Including gross national product, gross domestic product, and gross state product Investment companies. Investment trusts. Mutual funds Finance, Islamic Islamic Real Estate Investment Trusts (I-REITs) have been established to enlarge the scope of Islamic Capital Market in Malaysia. Almost 13 years of establishment of I-REITs since 2006, it is something interesting to study the performance of this Islamic property investment vehicle because it is a potential and different asset class that not fully explored by global investors. This paper investigates the economic factors that can influence the Islamic Real Estate Investment Trust (REIT)’s performance, paying particular attention to the selected Islamic REIT’s company in Malaysia for 7 years quarterly basis from Q1 2011 to Q4 2018 with 32 observations. Study used Net Asset value (NAV) as the proxy for REITs performance while economic growth and inflation rate represent the determinants variable. Applying correlations and multiple regression analysis, the results provide evidence on the association between NAV and economic growth ( GDP ), inflation rate ( CPI ), interest rate ( BLR ) and exchange rate ( EXR ). Results of this study are hoped to help the investors and portfolio managers to deepen their understanding of the dependence factors that might influence the performance of Islamic REITs in Malaysia. Faculty of Business and Management 2019 Student Project NonPeerReviewed text en http://ir.uitm.edu.my/id/eprint/25780/1/PPb_MUHAMMAD%20ADIB%20SYAHIR%20RUSLI%20BM%20M%2019_5.pdf Rusli, Muhammad Adib Syahir (2019) The determinants of Islamic REITs performance in Malaysia: case study of axis REIT / Muhammad Adib Syahir Rusli. [Student Project] (Unpublished)
repository_type Digital Repository
institution_category Local University
institution Universiti Teknologi MARA
building UiTM Institutional Repository
collection Online Access
language English
topic Income. Income distribution. National income. Including gross national product, gross domestic product, and gross state product
Investment companies. Investment trusts. Mutual funds
Finance, Islamic
spellingShingle Income. Income distribution. National income. Including gross national product, gross domestic product, and gross state product
Investment companies. Investment trusts. Mutual funds
Finance, Islamic
Rusli, Muhammad Adib Syahir
The determinants of Islamic REITs performance in Malaysia: case study of axis REIT / Muhammad Adib Syahir Rusli
description Islamic Real Estate Investment Trusts (I-REITs) have been established to enlarge the scope of Islamic Capital Market in Malaysia. Almost 13 years of establishment of I-REITs since 2006, it is something interesting to study the performance of this Islamic property investment vehicle because it is a potential and different asset class that not fully explored by global investors. This paper investigates the economic factors that can influence the Islamic Real Estate Investment Trust (REIT)’s performance, paying particular attention to the selected Islamic REIT’s company in Malaysia for 7 years quarterly basis from Q1 2011 to Q4 2018 with 32 observations. Study used Net Asset value (NAV) as the proxy for REITs performance while economic growth and inflation rate represent the determinants variable. Applying correlations and multiple regression analysis, the results provide evidence on the association between NAV and economic growth ( GDP ), inflation rate ( CPI ), interest rate ( BLR ) and exchange rate ( EXR ). Results of this study are hoped to help the investors and portfolio managers to deepen their understanding of the dependence factors that might influence the performance of Islamic REITs in Malaysia.
format Student Project
author Rusli, Muhammad Adib Syahir
author_facet Rusli, Muhammad Adib Syahir
author_sort Rusli, Muhammad Adib Syahir
title The determinants of Islamic REITs performance in Malaysia: case study of axis REIT / Muhammad Adib Syahir Rusli
title_short The determinants of Islamic REITs performance in Malaysia: case study of axis REIT / Muhammad Adib Syahir Rusli
title_full The determinants of Islamic REITs performance in Malaysia: case study of axis REIT / Muhammad Adib Syahir Rusli
title_fullStr The determinants of Islamic REITs performance in Malaysia: case study of axis REIT / Muhammad Adib Syahir Rusli
title_full_unstemmed The determinants of Islamic REITs performance in Malaysia: case study of axis REIT / Muhammad Adib Syahir Rusli
title_sort determinants of islamic reits performance in malaysia: case study of axis reit / muhammad adib syahir rusli
publisher Faculty of Business and Management
publishDate 2019
url http://ir.uitm.edu.my/id/eprint/25780/
http://ir.uitm.edu.my/id/eprint/25780/1/PPb_MUHAMMAD%20ADIB%20SYAHIR%20RUSLI%20BM%20M%2019_5.pdf
first_indexed 2023-09-18T23:15:28Z
last_indexed 2023-09-18T23:15:28Z
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