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ABSTRAKTesis ini meneliti tentang keuntungan dari sekuritisasi Islam dibandingkan dengan
sekuritisasi konvensional. Islamic-Real Estate Investment Trusts (I-REITs) adalah
salah satu bentuk proses sekuritiasi yang sesuai dengan shariah compliance.
Dengan menggunakan analisa treynor index dan jensen-alpha index, performa IREITs
Malaysia lebih baik dibandingkan dengan benchmark. Sedangkan I-REITs
jika dibandingkan dengan REITs konvensional memiliki volatilias yang lebih
kecil. Equity I-REITs yang merupakan produk yang shariah compliance bisa
menjadi salah satu inovasi produk di dalam pasar modal syariah Indonesia
ABSTRACTThis thesis examines the advantages of Islamic securitization compared to
conventional securitization. Islamic Real Estate Investment Trusts (I-REITs) are
one form securitization in accordance with shariah compliance. By using analysis
Treynor index and Jensen-alpha index, the performance of the I-REITs Malaysia
better than the benchmark. While I-REITs when compared with conventional
REITs have a smaller volatility. Equity I-REITs that are Shariah compliant
products could be one product innovation in the Islamic capital market in Indonesia.;This thesis examines the advantages of Islamic securitization compared to
conventional securitization. Islamic Real Estate Investment Trusts (I-REITs) are
one form securitization in accordance with shariah compliance. By using analysis
Treynor index and Jensen-alpha index, the performance of the I-REITs Malaysia
better than the benchmark. While I-REITs when compared with conventional
REITs have a smaller volatility. Equity I-REITs that are Shariah compliant
products could be one product innovation in the Islamic capital market in
Indonesia, This thesis examines the advantages of Islamic securitization compared to
conventional securitization. Islamic Real Estate Investment Trusts (I-REITs) are
one form securitization in accordance with shariah compliance. By using analysis
Treynor index and Jensen-alpha index, the performance of the I-REITs Malaysia
better than the benchmark. While I-REITs when compared with conventional
REITs have a smaller volatility. Equity I-REITs that are Shariah compliant
products could be one product innovation in the Islamic capital market in
Indonesia]