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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| Format: | Student Project |
| Language: | English |
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Faculty of Business and Management
2019
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| Online Access: | https://ir.uitm.edu.my/id/eprint/25780/ |
| _version_ | 1848806352085843968 |
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| author | Rusli, Muhammad Adib Syahir |
| author_facet | Rusli, Muhammad Adib Syahir |
| author_sort | Rusli, Muhammad Adib Syahir |
| building | UiTM Institutional Repository |
| collection | Online Access |
| 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. |
| first_indexed | 2025-11-14T22:25:33Z |
| format | Student Project |
| id | uitm-25780 |
| institution | Universiti Teknologi MARA |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T22:25:33Z |
| publishDate | 2019 |
| publisher | Faculty of Business and Management |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | uitm-257802019-10-24T01:27:03Z https://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 https://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. (2019) [Student Project] <http://terminalib.uitm.edu.my/25780.pdf> (Unpublished) |
| 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 |
| title | 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_short | 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 |
| 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 |
| url | https://ir.uitm.edu.my/id/eprint/25780/ |