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Survey Templates Surveys SOCIAL RESPONSIBILITY DIMENSIONS IN ISLAMIC INVEST

SOCIAL RESPONSIBILITY DIMENSIONS IN ISLAMIC INVEST

SOCIAL RESPONSIBILITY


Dear Investor,

Your participation in this research is greatly appreciated. Most of the questions merely require you to tick the appropriate box. All information given in this questionnaire will be kept strictly confidential.

As a token of appreciation for your participation in this survey, for every completed and returned questionnaire, RM 5.00 will be donated to the Malaysian Association for the Blind (MAB).

If you have any questions about the survey, please contact Mohd Nizam at 013-3407240 (Mobile), 03-61964638 (Office) or e-mail at
[email protected].

Thank you.

General Instructions and Information

1. All responses are confidential and will only be used for research & academic purposes.

2. Please do not worry about questions that are seemingly look alike. If you do not have the exact answer to a question, please provide your best judgement by ticking the appropriate box for the question. Your answers are very important for the accuracy of the study.

3. If you wish to make any comments, please feel free to use the space at the end of the questionnaire.
SECTION A
Please tick (√) in the appropriate box
1. What is your main objective in investing in unit trusts? (Please tick only in ONE box)


2. Which one of the following statements most accurately describes the level of financial risk that you are willing to take when you make investments?


3. What types of unit trust funds that you currently invest in? (Please tick (√) in all relevant boxes)

4. From your total investment in unit trusts, how much in percentage do you invest in Islamic funds?

5. Why do you invest in Islamic unit trust funds? (Please rate each statement according to its importance)
Not Important at All
Not Important
Neutral
Important
Very Important
a. I want to earn halal returns from my investment.
b. I want to diversify my investment with conventional funds.
c. I invest because it gives high returns.
d. I want my investment to be used in economic activities that have positive impact to the society.
e. Other (please state below)
 
6. In your opinion, an investment that is based on Shari’ah principles should …
(Please rate each statement according to its importance)

Not Important at All
Not Important
Neutral
Important
Very Important
a) Not be involved in conventional financial services (conventional banking, insurance, etc)
b) Not be involved in the manufacture or sale of prohibited products (liquor, pork, tobacco, etc)
c) Contribute positively to the development of the society
d) Use resources efficiently
e) Manage risks prudently
f) Care about the impact to the environment
g) Contribute to poverty eradication
h) Maximise returns from investment
i) Not be involved in entertainment activities which are not permissible in Shari’ah
j) Not be involved in gambling related activities
Not Important at All
Not Important
Neutral
Important
Very Important
h) Other (please state below)
 
7. What are your opinions on the following statements?
Strongly Disagree
Disagree
Neutral
Agree
Strongly Agree
a) I expect Islamic funds to provide at least similar returns as compared to conventional funds.
b) I am prepared to accept lower returns from my investment as long as it is based on Islamic principles.
c) Investments that are based on Islamic principals are more resilient against fluctuations in the market.
SECTION B
(Please tick (√) in the appropriate box)
8. There is a rapidly growing trend in the fund investment industry which applies various ‘social responsibility’ criteria in its investment decision commonly known as 'ethical', 'environmental’ or 'socially responsible' investment. To what extent are you aware of these funds?

9. As an investor, how important are the companies that you invest in to have the following ‘social responsibility’ criteria?

Not Important At All
Not Important
Neutral
Important
Very Important
a) Helping the less fortunate groups (orphans, disable, poor students, charities, etc)
b) Treating employees, customers and suppliers fairly (no discrimination)
c) Providing a good benefits scheme to employees (medical cover, loans, etc)
d) Having a good system of accountability and transparency in its operation
e) Adopting good waste management and recycling policies
f) Not involved in unethical business behaviours (fraud, price manipulation, bribery, etc)
g) Are not using child or forced labour
h) Ensuring a safe and healthy working environment
i) Promoting ethical values in its operation
j) Investing in poor and underdeveloped areas
Not Important At All
Not Important
Neutral
Important
Very Important
k) Using environmentally friendly technologies
l) Not involved in environmentally damaging activities
m) Respecting the rights of employees and the freedom of association (workers’ union)
n) Promoting employees’ competency and career development
o) Providing facilities to community (community hall, recreational area, etc)
p) Others (please state below)
 
10. As an investor, how important are the companies that you invest in not to be involved in the following activities?

Not Important At All
Not Important
Neutral
Important
Very Important
a) Arms industry
b) Nuclear power
c) Genetically modified food
d) Pesticides/Chemicals
e) Animal abuse
f) Others (please state below)
 
SECTION C
(Please tick (√) in the appropriate box)
11. What are your opinions if ‘social responsibility’ issues are applied as additional criteria in the investment decision of Islamic unit trust funds?
Strongly Disagree
Disagree
Neutral
Agree
Strongly Agree
a) By adding the ‘social responsibility’ criteria, the scope of profitable investment will be reduced.
b) By applying ‘social responsibility’ criteria, Islamic funds will avoid investing in potentially problematic companies.
c) By applying ‘social responsibility’ criteria, Islamic funds will invest in sustainable businesses.
d) By adding ‘social responsibility’ criteria, Islamic funds will have limited opportunity to diversify investment risks.
12. What are your perceptions of the risks and returns for Islamic unit trust funds that apply ‘social responsibility’ criteria in their investment?

Much Lower
Somewhat Lower
Similar
Somewhat Higher
Much Higher
a) In comparison to ordinary Islamic funds, I expect that the investment risks for Islamic funds that apply ‘social responsibility’ criteria are …
b) In comparison to ordinary Islamic funds, I expect that the investment returns for Islamic funds that apply ‘social responsibility’ criteria are …
13. Please provide your opinions on the following statements;

Strongly Disagree
Disagree
Neutral
Agree
Strongly Agree
a) I might support irresponsible business behaviours if I ignore ‘social responsibility’ issues in my investment.
b) I can help to improve the society’s quality of life by investing using ‘social responsibility’ criteria.
c) I am not concerned about ‘social responsibility’ issues in my investment.
d) I do not believe that my investment decision can have any adverse effects on the wellbeing of the society.
e) ‘Social responsibility’ issues should be addressed by the government and social organizations, and not by investors.
f) Every investor must take responsibility on the effects of his or her investment.
SECTION D
(Please tick (√) in the appropriate box)
14. If your current Islamic unit trust fund would like to apply ‘social responsibility’ criteria in its investment decision, will you support this initiative?

15. If an Islamic unit trust fund which applies ‘social responsibility’ criteria is offered to you today for your investment, will you invest in this fund?

16. If your current Islamic unit trust fund provides a 10 percent return, will you invest in the Islamic fund that applies ‘social responsibility’ criteria if its return is …
I Will Not Invest
Probably I Will NotInvest
I Am Not Sure
ProbablyI Will Invest
I Will Invest
…More than 10 percent?
…10 percent?
…9 percent?
…8 percent?
…7 percent?
…6 percent and below?
17. In which of the following activities do you participate consistently for the past SIX months?
(Please tick (√) in all relevant boxes)


SECTION E
(Please tick (√) in the appropriate box)
18. Gender:
19. Marital Status:
20. Age:
21. Ethnicity:
22. Religion:
23. Highest Education Level:
24. Total Monthly Income:

25. Details of Occupation:
a) Type of Occupation

b) Type of Organisation

If there is anything else you would like to tell us about this survey or other comments you wish to make that you think may help us to understand your attitude towards Islamic funds and issues arising thereof, please do so in the space provided below.

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