Journal of Management Research ISSN 1941-899X 2015, Vol. 7, No. 2 www.macrothink.org/jmr 574 Micro-Economic Determinants of NAV of Islamic Equity Unit Trust Funds in Malaysia: An ARDL-Bounds Tasting Approach Anwar Hasan Abdullah Othman Department of Business Administration International Islamic University Malaysia (IIUM) PO Box 53100, Kuala Lumpur, Malaysia E-mail: anwar315a@yahoo.com Ahamed Kameel Mydin Meera Department of Business Administration International Islamic University Malaysia (IIUM) PO Box 53100, Kuala Lumpur, Malaysia E-mail: akameel@iium.edu.my Hasanuddeen Abdul Aziz Department of Business Administration International Islamic University Malaysia (IIUM) PO Box 53100, Kuala Lumpur, Malaysia E-mail: ahassan@iium.edu.my Received: July 10, 2014 Accepted: August 2, 2014 Published: January 1, 2015 doi:10.5296//jmr.v7i2.7051 URL: http://dx.doi.org/10.5296/jmr.v7i2.7051 Abstract The increasing importance of the Islamic unit trust industry requires a more detailed and