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Indonesia Study: Conventional Funds Outperform Sharia in Risk-Adjusted Returns
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Indonesia Study: Conventional Funds Outperform Sharia in Risk-Adjusted Returns
In a recent study published in the Indonesian Interdisciplinary Journal of Sharia Economics, researchers have shed light on the performance dynamics of Sharia and conventional equity mutual funds in Indonesia. The study, led by Kavi Sulaiman from Universitas Muhammadiyah Jakarta, aimed to compare the risk-adjusted returns of these funds, taking into account factors such as reputation… Source
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