The performance of shariah compliance companies versus conventional companies / W.Nur Izzati W.Mohd Puzi

• Main Author: W.Mohd Puzi, W.Nur Izzati
• Format: Student Project
• Language: English
• Published: 2012
• Subjects: Islam and economics; Muslims; Entrepreneurship. Risk and uncertainty
• Online Access: http://ir.uitm.edu.my/id/eprint/41819/1/4189.pdf; http://ir.uitm.edu.my/id/eprint/41819/
• Institution: Universiti Teknologi Mara

This paper investigates the performance between the Shariah Compliance Company and Conventional Company.With using the share prices for both categories of company,the performance can be measured. The performance of excess return for Shariah Compliance Company is compared to excess return for Conventional Company that are invested to determine whether they are high return or lower return in term of investment. The Kuala Lumpur Composite Index (KLCI) is used as benchmark to measuring the performance for both categories.To know the relationship is significant or not significant. With a total of share prices for 50 Shariah Compliance Companies and 50 Conventional Companies are using to determine their performance.Through this study also using the Sharpe ,Treynor and Jensen method to rank the company.Beside that,through this research also using the simple Sharpe optimization to find the best company that included in the optimum portfolio