Heads we win, tails you lose: Is there equity in
Islamic equity funds?

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Heads we win, tails you lose: Is there equity in Islamic equity funds?

We made the first estimate of the proportion of fund alpha statistically attributable to luck rather than skill for a sample of Malaysian Islamic equity funds. Broadly, the funds do not outperform market benchmarks. In the limited instances where performance is superior, based on a contemporary met...

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Bibliographic Details
Main Authors:	Mustaffa Kamil, Nazrol Kamil, Alhabshi, Syed O., Bacha, Obiyathulla I., Masih, Mansur
Format:	Article
Language:	English
Published:	Elsevier 2014
Subjects:	HG4501 Stocks, investment, speculation
Online Access:	http://irep.iium.edu.my/41388/ http://irep.iium.edu.my/41388/1/PACFIN649_-_Published_Version.pdf

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