Linkages between Islamic REITs and Conventional REITs in Malaysia

Muhammad Najib Razali

ERES from European Real Estate Society (ERES)

Abstract: Islamic REITs (I-REITs) has been established in Malaysia since 10 years ago. The introduction of I-REITs has offer alternative investment vehicle especially in property portfolio management. Since then, several researches have been done to explore the potential of I-REITs in many aspects such as performance, diversification and risk analyses. Discussion on performance analysis about the REIT studies has become extensive and become more deeper. Development of REIT in Malaysia is the foundations of beginning of Islamic REIT in the world. As such it is important to assess every angle of the I-REITs in various aspects in order to know the significance of I-REITs in property portfolio investment. The purpose of this paper is to examine the linkages between I-REITs and conventional REITs (C-REITs) specifically in Malaysia as Malaysia is the first country to introduce I-REITs. As such it is interesting to assess the linkages for both REITs. Furthermore, a range of key property investment issues will also be assessed particularly on I-REITs including lead/lag relationship and structural efficiency.

JEL-codes: R3 (search for similar items in EconPapers)
Date: 2016-01-01
References: Add references at CitEc
Citations:

Downloads: (external link)
https://eres.architexturez.net/doc/oai-eres-id-eres2016-168 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:arz:wpaper:eres2016_168

Access Statistics for this paper

More papers in ERES from European Real Estate Society (ERES) Contact information at EDIRC.
Bibliographic data for series maintained by Architexturez Imprints ().