Islamic Investment Funds: An Analysis of Risks and Returns

Document Type

Article

Source of Publication

SSRN Electronic Journal

Publication Date

1-1-2008

Abstract

Islamic finance has become an increasingly popular subject in recent years. Some Islamic investment vehicles have even become popular in the non-Islamic world, although the growth in their popularity has been dampened by lack of knowledge of their existence, their nature and their relative profitability. This paper presents an overview of the various kinds of Islamic investment funds and analyzes their relative profitability in an attempt to shed light on this potentially high-growth investment avenue. The paper begins by identifying the various classifications of Islamic funds and goes on to discuss the more popular fund structures, the role of regulatory boards and the performance history of various Islamic funds. The paper concludes with a discussion of the challenges facing Islamic funds and the opportunities that exist for those who understand what Islamic funds are all about.

ISSN

1556-5068

Publisher

Elsevier BV

Disciplines

Business

Keywords

Islamic, funds, investment

Indexed in Scopus

no

Open Access

yes

Open Access Type

Bronze: This publication is openly available on the publisher’s website but without an open license

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