Factors that affecting performance in emas index under shariah compliant indices based on Bursa Malaysia / Nurul Fitriana Ramli

This research is about factors that affect performance in Emas Index under Shariah Compliant Indices based on Bursa Malaysia. Samples for this study concentrate on the FTSE Bursa Malaysia Emas Shariah Index which is measured by Price Index and the sample review period is four years data from 2017 to 2020 and the total of observations is 48. The objective of this research is to find out the factors affecting performance that have a relationship with the FTSE Bursa Malaysia Emas Shariah Index under Shariah Compliant Index on Bursa Malaysia. Regarding this study, there are many factors that affect the performance which comprise the Emas Index. There are three factors to be highlighted in this study which is Interest Rate, Inflation and Exchange Rate. In this study, a multiple regression model was used to analyze the relationship between each factor to the dependent variable which is the Shariah Index that will be measured by using Price Index. A solid understanding of this discussion will be very extremely useful to the management of the company who will be the person in charge in choosing the form of financing that the company should use in order to minimise the risk. In short, through this research will indicate that a greater of performance, the higher risk will be encountered.