PERBANDINGAN KINERJA REKSA DANA SYARIAH DENGAN REKSA DANA KONVENSIONAL
DOI:
https://doi.org/10.61722/jrme.v2i5.6460Keywords:
Islamic mutual funds, conventional mutual funds, investment performance, risk, returnAbstract
This study aims to analyze the performance comparison between Islamic mutual funds
and conventional mutual funds in Indonesia. The research employs a descriptive qualitative
method using secondary data from performance reports, regulations, and academic literature.
The findings indicate that Islamic mutual funds demonstrate better stability and relatively
controlled risk due to restrictions based on Sharia principles in selecting investment instruments.
In contrast, conventional mutual funds offer broader flexibility and higher return potential but
with greater risk exposure. Therefore, the choice between the two types of mutual funds is strongly
influenced by investors’ risk profiles, investment objectives, and personal values.
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Lestari, F., & Prasetyo, D. (2022). Performance evaluation of sharia and conventional mutual
funds: Evidence from Indonesian capital market. International Journal of Finance and
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Sari, M., & Nugroho, Y. (2021). Islamic mutual funds versus conventional mutual funds: A
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Economics and Management, 1(2), 77–90. https://doi.org/10.21009/ijem.v1i2.223
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https://doi.org/10.1108/jcms-04-2021-0067
Wijayanti, R., & Saputra, B. (2022). Risk-adjusted return analysis of Islamic and conventional
mutual funds in ASEAN markets. Asian Journal of Islamic Economics and Finance, 4(2),
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