This paper reviews the empirical literature on the contemporary issues of Islamic investments and highlights the future research directions. The growing literature during the last several years and the penetration of Islamic investments beyond the Muslim majority countries motivate us to review the empirical studies in the area. We therefore focus our literature review on mutual funds, sukuk and equity investments, analysing 81 articles from the most important journals dealing with the topic. The mixed findings in this area help the understanding of professionals not familiar with Islamic investment to identify the trends of the literature for important decisions. Our results have also important financial implications for asset managers willing to include Islamic financial instruments into a well-diversified portfolio.

Hassan, M. K., Aliyu, S., Paltrinieri, A., Khan, A., A Review of Islamic Investment Literature, <<ECONOMIC PAPERS>>, 2019; 38 (4): 345-380. [doi:10.1111/1759-3441.12230] [http://hdl.handle.net/10807/178027]

A Review of Islamic Investment Literature

Paltrinieri, Andrea
Writing – Review & Editing
;
2019

Abstract

This paper reviews the empirical literature on the contemporary issues of Islamic investments and highlights the future research directions. The growing literature during the last several years and the penetration of Islamic investments beyond the Muslim majority countries motivate us to review the empirical studies in the area. We therefore focus our literature review on mutual funds, sukuk and equity investments, analysing 81 articles from the most important journals dealing with the topic. The mixed findings in this area help the understanding of professionals not familiar with Islamic investment to identify the trends of the literature for important decisions. Our results have also important financial implications for asset managers willing to include Islamic financial instruments into a well-diversified portfolio.
2019
Inglese
Hassan, M. K., Aliyu, S., Paltrinieri, A., Khan, A., A Review of Islamic Investment Literature, <<ECONOMIC PAPERS>>, 2019; 38 (4): 345-380. [doi:10.1111/1759-3441.12230] [http://hdl.handle.net/10807/178027]
File in questo prodotto:
Non ci sono file associati a questo prodotto.

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/10807/178027
Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus 38
  • ???jsp.display-item.citation.isi??? 44
social impact