مجلة الاقتصاد والتنمية المستدامة
Volume 6, Numéro 2, Pages 802-812
2023-09-01
Authors : Khelifi Amina . Barca Elmehdi . Khelifa Assia .
The purpose of this study is to evaluate the performance of Islamic mutual funds in Saudi Arabia by comparing their risk-return behavior with Tadawul All Share Index during the period from January 2018 to December 2021. we examine their performance by employing several measures such as Sharpe, Treynor, Jensen Alpha and their variants. Our results show that the performance evaluation is sensitive to the benchmark and the performance measures used for comparison. Furthermore, the selection of performance measurement methods depends on the investor's investment objectives, risk tolerance and personal preferences. Moreover, we found that the average returns and volatility of Islamic mutual funds are consistent with the performance of Tadawul All Share Index. This study is important to contribute positively to the development of the Islamic fund management by exploring and employing econometrics modelling to evaluate the investment portfolios.
performance evaluation ; Islamic Mutual Funds ; Tadawul All Share Index
Derbali Abdelkader
.
K Elnagar Ahmed
.
Jamel Lamia
.
Ben Ltaifa Monia
.
pages 27-44.
Legougui Fateh
.
ص 171-183.
Si Mohammed Feyza
.
Kara Brahim
.
pages 549-563.
Abd Elsalam Mostafa Mahmoud
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pages 325-342.