ISSN: 2225-8329
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This paper aims to discuss the basic understanding of Islamic Trust Fund (ITF) and to analyze performance by evaluating the funds that are managed by the Fund Manager, namely CIMB Principal Asset Management. This paper also to compare the performance of fund returns against market returns. Kuala Lumpur Composite Index is used as market returns benchmark. The findings showed the ITF returns exceeded market returns within three years, and in the years later. Therefore, investors have the opportunity to get higher returns from investing in trust funds, especially in the ITF by using the right investment plan.
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To cite this article: Zahri, M. A., Awang, N. Norbahiyah Awang, N. (2020). The Operation of Islamic Trust Funds: A Case Study of CIMB-Principal Asset Management, International Journal of Academic Research in Accounting, Finance and Management Sciences 10 (2):264-269.
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