Determinants of Islamic real estate investment trusts (I-REITs) performance in Malaysia / Norfadirah Sihat

Sihat, Norfadirah (2017) Determinants of Islamic real estate investment trusts (I-REITs) performance in Malaysia / Norfadirah Sihat. Degree thesis, Universiti Teknologi MARA, Johor.


The focus of this research is to identify the relationship between the determinants of Islamic Real Estate Investment Trust (REITs) and the performance of REITs in Malaysia. The main objective of this study is to examine the potential of Islamic Real Estate Investment Trusts (REITs) determinants and the perfömance of REITs in Malaysia. This research used panel data analysis to analyze the data collected. The data collected is the financial statement of REITs Company over the period of 2007 until 2016 with using quarterly data. As for the variable, Net Assets Value of the selected companies was used in order to measure the performance of REIT's in Malaysia. On the other hand, the independent variables is the determinants of REITs which are represent by dividend yield, net income, market capitalization, financial leverage and market to book ratio. This study using panel data and by using Ordinary Least Square (OLS) the result is taken to shows empirical results of significant of variables. It is found only market capitalization, net income and financial leverage has significant effect on the performance of Islamic REITs (I-REITs). Meanwhile for other variables such as market-to-book ratio and financial leverage has no significant effect on performance of Islamic REITs (I-REITs).


Item Type: Thesis (Degree)
Email / ID Num.
Sihat, Norfadirah
Email / ID Num.
Thesis advisor
Noh, Mohd Khairul Ariff
Thesis advisor
Samat, Omar
Subjects: H Social Sciences > HD Industries. Land use. Labor > Land use > Real estate business. Real property
Divisions: Universiti Teknologi MARA, Johor > Segamat Campus > Faculty of Business and Management
Programme: Bachelor of Business Administration (HONS) Finance
Keywords: Islamic Real Estate Investment Trust
Date: 2017
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