COMPARATIVE ANALYSIS OF KEY PERFORMANCE INDICATORS OF ISLAMIC INDEX

Selin Sarılı; Z. Dina Çakmur Yıldırtan

doi:10.14780/muiibd.281413

COMPARATIVE ANALYSIS OF KEY PERFORMANCE INDICATORS OF ISLAMIC INDEX

Abstract

Islamic index in general is the stock exchange index that includes stocks traded in the national and

international market, the companies operating in accordance with Islamic law. First in 1990, it was

introduced in the US Wall Street Stock Exchange. Islamic indices have a great importance to be able to

measure the stock performance of companies operating in accordance with Islamic principles. In this

study Standard and Poor’s, Dow Jones, Morgan Stanley, and the Financial Times Stock Exchange Islamic

Indices have been included in the study on a monthly frequency and to compare the performance beta

values are estimated by creating the index single index model. In the study using the Capital Asset

Pricing Models (CAPM), expected return for indices were estimated. In addition, to compare portfolio

performance Sharpe Ratio, Treynor Ratio, Jensen Performance Ratio is calculated.

Keywords

Islamic indices,CAPM,Sharpe,Treynor,Jensen

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Details

Primary Language

Turkish

Subjects

Economics

Journal Section

Research Article

Authors

Selin Sarılı This is me

Z. Dina Çakmur Yıldırtan

Publication Date

December 25, 2016

Submission Date

December 26, 2016

Acceptance Date

December 1, 2016

Published in Issue

Year 2016 Volume: 38 Number: 2

DOI

https://doi.org/10.14780/muiibd.281413

IZ

https://izlik.org/JA57DX52TN

Cite

RIS / Bibtex

APA

Sarılı, S., & Çakmur Yıldırtan, Z. D. (2016). COMPARATIVE ANALYSIS OF KEY PERFORMANCE INDICATORS OF ISLAMIC INDEX. Marmara Üniversitesi İktisadi Ve İdari Bilimler Dergisi, 38(2), 273-291. https://doi.org/10.14780/muiibd.281413

AMA

1.Sarılı S, Çakmur Yıldırtan ZD. COMPARATIVE ANALYSIS OF KEY PERFORMANCE INDICATORS OF ISLAMIC INDEX. Marmara Üniversitesi İktisadi ve İdari Bilimler Dergisi. 2016;38(2):273-291. doi:10.14780/muiibd.281413

Chicago

Sarılı, Selin, and Z. Dina Çakmur Yıldırtan. 2016. “COMPARATIVE ANALYSIS OF KEY PERFORMANCE INDICATORS OF ISLAMIC INDEX”. Marmara Üniversitesi İktisadi Ve İdari Bilimler Dergisi 38 (2): 273-91. https://doi.org/10.14780/muiibd.281413.

EndNote

Sarılı S, Çakmur Yıldırtan ZD (December 1, 2016) COMPARATIVE ANALYSIS OF KEY PERFORMANCE INDICATORS OF ISLAMIC INDEX. Marmara Üniversitesi İktisadi ve İdari Bilimler Dergisi 38 2 273–291.

IEEE

[1]S. Sarılı and Z. D. Çakmur Yıldırtan, “COMPARATIVE ANALYSIS OF KEY PERFORMANCE INDICATORS OF ISLAMIC INDEX”, Marmara Üniversitesi İktisadi ve İdari Bilimler Dergisi, vol. 38, no. 2, pp. 273–291, Dec. 2016, doi: 10.14780/muiibd.281413.

ISNAD

Sarılı, Selin - Çakmur Yıldırtan, Z. Dina. “COMPARATIVE ANALYSIS OF KEY PERFORMANCE INDICATORS OF ISLAMIC INDEX”. Marmara Üniversitesi İktisadi ve İdari Bilimler Dergisi 38/2 (December 1, 2016): 273-291. https://doi.org/10.14780/muiibd.281413.

JAMA

1.Sarılı S, Çakmur Yıldırtan ZD. COMPARATIVE ANALYSIS OF KEY PERFORMANCE INDICATORS OF ISLAMIC INDEX. Marmara Üniversitesi İktisadi ve İdari Bilimler Dergisi. 2016;38:273–291.

MLA

Sarılı, Selin, and Z. Dina Çakmur Yıldırtan. “COMPARATIVE ANALYSIS OF KEY PERFORMANCE INDICATORS OF ISLAMIC INDEX”. Marmara Üniversitesi İktisadi Ve İdari Bilimler Dergisi, vol. 38, no. 2, Dec. 2016, pp. 273-91, doi:10.14780/muiibd.281413.

Vancouver

1.Selin Sarılı, Z. Dina Çakmur Yıldırtan. COMPARATIVE ANALYSIS OF KEY PERFORMANCE INDICATORS OF ISLAMIC INDEX. Marmara Üniversitesi İktisadi ve İdari Bilimler Dergisi. 2016 Dec. 1;38(2):273-91. doi:10.14780/muiibd.281413

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