Muhammad Zaim Razak2024-05-312024-05-312023Mohd Dali, N. R.S, Wan Adnan , W.M.S , Syed Hassan, S.N (Eds.). (2023). In E-Proceeding (Extended Abstract) SAIS 2023 Seminar Antarabangsa Islam dan Sains 2023 (pp. 1–135). Penerbit USIM.e-ISBN: 978-629-98519-29https://pkausim.usim.edu.my/sais/https://oarep.usim.edu.my/handle/123456789/18818E-Proceedings (Extended Abstract) Seminar Antarabangsa Islam dan Sains 2023 : “Peneraju Sains Islam di Persada Antarabangsa”/Editors : Nuradli Ridzwan Shah Bin Mohd Dali, Wan Muhammad Shaker Bin Wan Adnan, Syed Najihuddin Bin Syed Hassan 19 Disember 2023 Anjuran: Persatuan Kakitangan Akademik USIM (PKAUSIM) dengan kerjasama Fakulti Syariah dan Undang-undang USIM dan Institut Fatwa dan Halal (iFFAH)The objective of this paper is to present literature that discuss the diversification benefits of Real Estate Investment Trust (REITs) in a mixed-asset portfolio. Our findings highlight REITs can provide diversification benefit for a mixed-asset portfolio of financial assets. The findings give rise to important implication whether REITs can be a portfolio diversifier for a stocks market investor. Our study suggests REITs can be allocated in a portfolio of stocks consisting of various sectors either in an active or buy-and-hold portfolio management.en-USREITs, GICS, Diversification Benefits, Asset Allocation, Mixed-asset portfolioArticle2428