Micro & Macroeconomic determinants of NAV of Islamic equity unit trust funds in Malaysia: qualitative approach

This study aims to explore through a qualitative study the factors that influence the net asset value of Islamic equity unit trust funds in Malaysian unit trust industry. A phenomenology method through an in-depth interview was carried out with six informants using the convenience sampling method. A...

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Main Author: Othman, Anwar Hasan Abdullah
Format: Article
Language:English
Published: International Academy of Business, International Educators Group 2012
Subjects:
Online Access:http://irep.iium.edu.my/67702/
http://irep.iium.edu.my/67702/1/67702-Micro%20%26%20Macroeconomics%20determinant.pdf
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author Othman, Anwar Hasan Abdullah
author_facet Othman, Anwar Hasan Abdullah
author_sort Othman, Anwar Hasan Abdullah
building IIUM Repository
collection Online Access
description This study aims to explore through a qualitative study the factors that influence the net asset value of Islamic equity unit trust funds in Malaysian unit trust industry. A phenomenology method through an in-depth interview was carried out with six informants using the convenience sampling method. After the transcription of the interview data and detailed analysis using the thematic technique, the finding indicated that there are sixteen themes that found have influence on the variance of the net asset value of Islamic equity unit trust fund in Malaysian unit trust industry. These themes categorized into internal and external factors: external factors (Macroeconomics) include economic growth, interest rate, inflation, money supply, foreign exchange rate, crude oil price, local stability, global stability, and regulatory environment. While internal factors (Microeconomics) are fund manager experience, reputation and historical performance, shariah compliant aspect (Islamic law), size of the fund, capital appreciation, income distribution and risk.
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spelling iium-677022018-12-05T08:36:07Z http://irep.iium.edu.my/67702/ Micro & Macroeconomic determinants of NAV of Islamic equity unit trust funds in Malaysia: qualitative approach Othman, Anwar Hasan Abdullah HG4501 Stocks, investment, speculation This study aims to explore through a qualitative study the factors that influence the net asset value of Islamic equity unit trust funds in Malaysian unit trust industry. A phenomenology method through an in-depth interview was carried out with six informants using the convenience sampling method. After the transcription of the interview data and detailed analysis using the thematic technique, the finding indicated that there are sixteen themes that found have influence on the variance of the net asset value of Islamic equity unit trust fund in Malaysian unit trust industry. These themes categorized into internal and external factors: external factors (Macroeconomics) include economic growth, interest rate, inflation, money supply, foreign exchange rate, crude oil price, local stability, global stability, and regulatory environment. While internal factors (Microeconomics) are fund manager experience, reputation and historical performance, shariah compliant aspect (Islamic law), size of the fund, capital appreciation, income distribution and risk. International Academy of Business, International Educators Group 2012-11 Article PeerReviewed application/pdf en http://irep.iium.edu.my/67702/1/67702-Micro%20%26%20Macroeconomics%20determinant.pdf Othman, Anwar Hasan Abdullah (2012) Micro & Macroeconomic determinants of NAV of Islamic equity unit trust funds in Malaysia: qualitative approach. International Journal Economics and Business, 2 (1). pp. 19-37. ISSN 1948-5166 http://www.intl-academy.org/2012/11/369/
spellingShingle HG4501 Stocks, investment, speculation
Othman, Anwar Hasan Abdullah
Micro & Macroeconomic determinants of NAV of Islamic equity unit trust funds in Malaysia: qualitative approach
title Micro & Macroeconomic determinants of NAV of Islamic equity unit trust funds in Malaysia: qualitative approach
title_full Micro & Macroeconomic determinants of NAV of Islamic equity unit trust funds in Malaysia: qualitative approach
title_fullStr Micro & Macroeconomic determinants of NAV of Islamic equity unit trust funds in Malaysia: qualitative approach
title_full_unstemmed Micro & Macroeconomic determinants of NAV of Islamic equity unit trust funds in Malaysia: qualitative approach
title_short Micro & Macroeconomic determinants of NAV of Islamic equity unit trust funds in Malaysia: qualitative approach
title_sort micro & macroeconomic determinants of nav of islamic equity unit trust funds in malaysia: qualitative approach
topic HG4501 Stocks, investment, speculation
url http://irep.iium.edu.my/67702/
http://irep.iium.edu.my/67702/
http://irep.iium.edu.my/67702/1/67702-Micro%20%26%20Macroeconomics%20determinant.pdf