The relative efficiency of islamic mutual funds using Data Envelopment Analysis (DEA) approach: Case of CIMB bank in Malaysia / Akmal Mustafa

Mustafa, Akmal (2012) The relative efficiency of islamic mutual funds using Data Envelopment Analysis (DEA) approach: Case of CIMB bank in Malaysia / Akmal Mustafa. [Student Project] (Unpublished)

Abstract

The study used Data Envelopment Analysis (DEA) approach to measure the relative efficiency of the CIMB Islamic mutual fund for the period 2009-2011. The objective of the
study is to investigate whether the input and output for each fund are fully utilized. The data was run by using Data Envelopment Analysis Program (DEAP) so that the
efficiency of the Islamic mutual funds may be measured. The findings show that for the three years there only four funds that efficient in utilizing their inputs and output. They
are CIMB Islamic DALI Equity Growth Fund, CIMB Islamic DALI Equity Growth Fund, CIMB Islamic Money Market Fund and CIMB Islamic DALI Equity Theme Fund. There
are a few Islamic mutual funds that were inefficient and the projection is used to improve the inefficient Islamic mutual fund. The inefficient score that was indicating by the Islamic mutual funds means that the funds were not fully utilize their input and output. In overall, the Islamic mutual funds show that the CIMB Islamic mutual funds were not strongly efficient because there were many funds were inefficient during the period

Metadata

Item Type: Student Project
Creators:
Creators
Email / ID Num.
Mustafa, Akmal
2009500627
Contributors:
Contribution
Name
Email / ID Num.
Thesis advisor
Abdul Rahman, Prof Madya Dr Nik Muhammad Naziman
UNSPECIFIED
Subjects: H Social Sciences > HG Finance > Banking
H Social Sciences > HG Finance > Banking > Acceptances
H Social Sciences > HG Finance > Investment, capital formation, speculation
H Social Sciences > HJ Public Finance > Finance, Islamic
Divisions: Universiti Teknologi MARA, Kelantan > Kota Bharu Campus > Faculty of Business and Management
Programme: Bachelor of Business Administration (Hons) Finance
Keywords: CIMB Islamic DALI Equity Growth Fund, CIMB Islamic Money Market Fund and CIMB Islamic DALI Equity Theme Fund
Date: June 2012
URI: https://ir.uitm.edu.my/id/eprint/41915
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