The potential of Islamic Index futures in Malaysia / Ahmad Kamizan Ismail@Kamal

K10FFE was launched on 15th December 1995 with the introduction of the KLSE Composite Index Futures contracts. KLOFFE had been identified with five new products which could be launched in the future. One of them is Islamic Index Derivatives. This study concentrate on the Islamic Index Futures. Since...

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Main Author: Ismail@Kamal, Ahmad Kamizan
Format: Thesis
Language:English
Published: 1997
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/94400/2/94400.PDF
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spelling my-uitm-ir.944002024-04-29T04:19:41Z The potential of Islamic Index futures in Malaysia / Ahmad Kamizan Ismail@Kamal 1997 Ismail@Kamal, Ahmad Kamizan Kuala Lumpur. KLSE K10FFE was launched on 15th December 1995 with the introduction of the KLSE Composite Index Futures contracts. KLOFFE had been identified with five new products which could be launched in the future. One of them is Islamic Index Derivatives. This study concentrate on the Islamic Index Futures. Since KLSE is in progress developing Islamic Index, the study uses RHB Islamic Index to look for the relationship between Islamic Index and KLSE Composite Index. The questionnaires are distributed to the 40 percent of fund managers of unit trust companies situated at Klang Valley. The questionnaires are used to look the response of the suggestion introducing Islamic Index futures. The study found that there is good response to the suggestion of introducing Islamic Index futures. However, in matter of time, the appropriate time to introduce Islamic Index Futures is when the KLSE CI futures has been well established. The study also found that the RHB Islamic Index has significant relationship with the KLSE CL The result of the study shows that Islamic Index futures is a complementary to the KLSE CI futures rather than as an alternative. This is due to the selection of component stocks and furthermore we do not have fully Islamic system yet. 1997 Thesis https://ir.uitm.edu.my/id/eprint/94400/ https://ir.uitm.edu.my/id/eprint/94400/2/94400.PDF text en public degree Universiti Teknologi MARA (UiTM) Faculty of Business and Management
institution Universiti Teknologi MARA
collection UiTM Institutional Repository
language English
topic Kuala Lumpur
KLSE
spellingShingle Kuala Lumpur
KLSE
Ismail@Kamal, Ahmad Kamizan
The potential of Islamic Index futures in Malaysia / Ahmad Kamizan Ismail@Kamal
description K10FFE was launched on 15th December 1995 with the introduction of the KLSE Composite Index Futures contracts. KLOFFE had been identified with five new products which could be launched in the future. One of them is Islamic Index Derivatives. This study concentrate on the Islamic Index Futures. Since KLSE is in progress developing Islamic Index, the study uses RHB Islamic Index to look for the relationship between Islamic Index and KLSE Composite Index. The questionnaires are distributed to the 40 percent of fund managers of unit trust companies situated at Klang Valley. The questionnaires are used to look the response of the suggestion introducing Islamic Index futures. The study found that there is good response to the suggestion of introducing Islamic Index futures. However, in matter of time, the appropriate time to introduce Islamic Index Futures is when the KLSE CI futures has been well established. The study also found that the RHB Islamic Index has significant relationship with the KLSE CL The result of the study shows that Islamic Index futures is a complementary to the KLSE CI futures rather than as an alternative. This is due to the selection of component stocks and furthermore we do not have fully Islamic system yet.
format Thesis
qualification_level Bachelor degree
author Ismail@Kamal, Ahmad Kamizan
author_facet Ismail@Kamal, Ahmad Kamizan
author_sort Ismail@Kamal, Ahmad Kamizan
title The potential of Islamic Index futures in Malaysia / Ahmad Kamizan Ismail@Kamal
title_short The potential of Islamic Index futures in Malaysia / Ahmad Kamizan Ismail@Kamal
title_full The potential of Islamic Index futures in Malaysia / Ahmad Kamizan Ismail@Kamal
title_fullStr The potential of Islamic Index futures in Malaysia / Ahmad Kamizan Ismail@Kamal
title_full_unstemmed The potential of Islamic Index futures in Malaysia / Ahmad Kamizan Ismail@Kamal
title_sort potential of islamic index futures in malaysia / ahmad kamizan ismail@kamal
granting_institution Universiti Teknologi MARA (UiTM)
granting_department Faculty of Business and Management
publishDate 1997
url https://ir.uitm.edu.my/id/eprint/94400/2/94400.PDF
_version_ 1804889927647756288