Investors' perception towards Islamic Unit Trust in Malaysia / Abdul Halim Mohamed Ibrahim ... [et al.]

Mohamed Ibrahim, Abdul Halim and Mohd Rashid, Ahmad Husni and Ali, Rosalan and Abd Wahid, Zainora (2006) Investors' perception towards Islamic Unit Trust in Malaysia / Abdul Halim Mohamed Ibrahim ... [et al.]. Social and Management Research Journal (SMRJ), 3 (2). pp. 33-40. ISSN 1675-7017

Abstract

The objective ofthe study is to determine the investors' perception towards Islamic unit trust in Malaysia. A cross tabulation analysis in terms of age, race and education was conducted based on 4283 samples throughout Malaysia on the basis of23 self-administered questionnaires. The results of
the study revealed that the respondents perceive the principle of halal, reputation offund manager and high returns as the determining factors for their investment in Syariah unit trust. Generally, results ofthe study show that
all ethnic groups in Malaysia still perceive insufficient information on Islamic unit trust as the key contributing factor that discourages them to invest. Specifically, the respondents who have higher education perceive better
dissemination ofinformation as the key determiningfactorfor their investment in Islamic unit trusts. Therefore, the lack ofinformation on Islamic unit trust has encouraged the non-Syariah investors to opt for a better alternative
investment that they believe has lower risks and higher returns.

Metadata

Item Type: Article
Creators:
Creators
Email / ID Num.
Mohamed Ibrahim, Abdul Halim
ahusni@salam.uitm.edu.my
Mohd Rashid, Ahmad Husni
UNSPECIFIED
Ali, Rosalan
UNSPECIFIED
Abd Wahid, Zainora
UNSPECIFIED
Subjects: H Social Sciences > HG Finance > Trust services. Trust companies
H Social Sciences > HG Finance > Investment, capital formation, speculation > Investment companies. Investment trusts. Mutual funds > Malaysia
Divisions:
Journal or Publication Title: Social and Management Research Journal (SMRJ)
UiTM Journal Collections: UiTM Journal > Social and Management Research Journal (SMRJ)
ISSN: 1675-7017
Volume: 3
Number: 2
Page Range: pp. 33-40
Keywords: Islamic unit trust, cross-tabulation, perception, self-administered questionnaires, principle ofhalal, ethnic groups
Date: 2006
URI: https://ir.uitm.edu.my/id/eprint/12983
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12983

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