OPERASI DANA SAHAM AMANAH SECARA ISLAM: KAJIAN KES DI PUBLIC MUTUAL BERHAD

Abstract

The objective of this article is to discuss the basic understanding of
Islamic unit trust and analyze the performance by evaluating funds
that are managed by a particular Fund Manager, that is Public Mutual
Berhad. This article explains Shari`a principles, criteria and the
Advisory Board roles in the funds operations. It also aims to compare
the funds returns performance against the market returns. The KLSI
index is used to benchmark the market returns. The main finding of this
study is that Islamic unit trust funds outperform the market return in
duration of three years, and in years thereafter. Thus, investors stand
the opportunity to gain higher returns from investment in unit trust funds
by applying proper investment plan. The result is expected to inspire
further research pertaining performance of Islamic financial products.