Conventional Islamic REITs against macroeconomics variable / Nazmi Mustaqim Muhammad

Real Estate Investment Trust (REITs) is a low-risk investment tools that pools fund from investors to be used in real estate management (Joug & Tik 2015). Despite the increasing sophistication in financial instruments, the real estate sector remains very popular (Lieser and Groh, 2014; Sun et al...

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Main Author: Muhammad, Nazmi Mustaqim
Format: Thesis
Language:English
Published: 2022
Online Access:https://ir.uitm.edu.my/id/eprint/101405/1/101405.pdf
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spelling my-uitm-ir.1014052024-09-25T12:39:30Z Conventional Islamic REITs against macroeconomics variable / Nazmi Mustaqim Muhammad 2022-02 Muhammad, Nazmi Mustaqim Real Estate Investment Trust (REITs) is a low-risk investment tools that pools fund from investors to be used in real estate management (Joug & Tik 2015). Despite the increasing sophistication in financial instruments, the real estate sector remains very popular (Lieser and Groh, 2014; Sun et al., 2016). A real estate investment trust (REIT) is a type of real estate collective investment plan that combines the greatest aspects of both real estate and trust funds. The i-REIT is a Shariah-compliant variation of the traditional REIT. It can pay out at least 90% of its net profit in dividends to investors and unit holders. The aim of this study to investigate conventional and Islamic REITs towards macroeconomics variables within 5 years from 2016 to 2020. A five years data had been employed and correlation analysis is adopted. This study reveals that KLCI has not significant towards conventional REITs (CREIT) and Islamic REITs (IREIT) which are 0.3595 and 0.6370. Similarly, TBILLS has not significant with CREIT and IR EIT which are 0.9645 and 0.4176. On the other hand, CPI is significant with CREIT with 0.0381, different with CPI and IREIT which is not significant with 0.1450. This study has developed valuable information and insight into the performance of Malaysian real estate investment trusts. Studies comparing the similarities and differences between conventional and Islamic REIT's toward macroeconomicsvariables. 2022-02 Thesis https://ir.uitm.edu.my/id/eprint/101405/ https://ir.uitm.edu.my/id/eprint/101405/1/101405.pdf text en public degree Universiti Teknologi MARA, Johor Faculty of Business and Management Hamzah, Haliza
institution Universiti Teknologi MARA
collection UiTM Institutional Repository
language English
advisor Hamzah, Haliza
description Real Estate Investment Trust (REITs) is a low-risk investment tools that pools fund from investors to be used in real estate management (Joug & Tik 2015). Despite the increasing sophistication in financial instruments, the real estate sector remains very popular (Lieser and Groh, 2014; Sun et al., 2016). A real estate investment trust (REIT) is a type of real estate collective investment plan that combines the greatest aspects of both real estate and trust funds. The i-REIT is a Shariah-compliant variation of the traditional REIT. It can pay out at least 90% of its net profit in dividends to investors and unit holders. The aim of this study to investigate conventional and Islamic REITs towards macroeconomics variables within 5 years from 2016 to 2020. A five years data had been employed and correlation analysis is adopted. This study reveals that KLCI has not significant towards conventional REITs (CREIT) and Islamic REITs (IREIT) which are 0.3595 and 0.6370. Similarly, TBILLS has not significant with CREIT and IR EIT which are 0.9645 and 0.4176. On the other hand, CPI is significant with CREIT with 0.0381, different with CPI and IREIT which is not significant with 0.1450. This study has developed valuable information and insight into the performance of Malaysian real estate investment trusts. Studies comparing the similarities and differences between conventional and Islamic REIT's toward macroeconomicsvariables.
format Thesis
qualification_level Bachelor degree
author Muhammad, Nazmi Mustaqim
spellingShingle Muhammad, Nazmi Mustaqim
Conventional Islamic REITs against macroeconomics variable / Nazmi Mustaqim Muhammad
author_facet Muhammad, Nazmi Mustaqim
author_sort Muhammad, Nazmi Mustaqim
title Conventional Islamic REITs against macroeconomics variable / Nazmi Mustaqim Muhammad
title_short Conventional Islamic REITs against macroeconomics variable / Nazmi Mustaqim Muhammad
title_full Conventional Islamic REITs against macroeconomics variable / Nazmi Mustaqim Muhammad
title_fullStr Conventional Islamic REITs against macroeconomics variable / Nazmi Mustaqim Muhammad
title_full_unstemmed Conventional Islamic REITs against macroeconomics variable / Nazmi Mustaqim Muhammad
title_sort conventional islamic reits against macroeconomics variable / nazmi mustaqim muhammad
granting_institution Universiti Teknologi MARA, Johor
granting_department Faculty of Business and Management
publishDate 2022
url https://ir.uitm.edu.my/id/eprint/101405/1/101405.pdf
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