Volume : VII, Issue : IV, April - 2017

A Comparative Performance Analysis between Shariah Investment and Non–Shariah Investment: Empirical Evidence from Prior Literature

Kamrunnisha, Dr. Manjit Singh

Abstract :

 Objective – Islamic finance is distinguished from its conventional counterparts in the context of prohibiting interest because the former abide by Shariah principles which need the companies or financial institutions to forbid interest however, latter operate on interest based transactions. Therefore, there is needed the financial institutions to fulfil the minimum guidelines provided by Shariah advisors but by following these standards is there any significant difference ing in to the performance of Shariah investment in comparison to its counterparts. The primary objective of this paper is to study the performance by examining the risk and return of Shariah investment as compared to established one.

Methodology – The study conducted systematic review using secondary sources of information.

Findings – The study found mixed results or even showed no significant differences in the returns.

Limitations – The selection bias for the literature were there and study majorly be contingent upon journals and ignored other sources. 

Keywords :

Article: Download PDF   DOI : 10.36106/ijar  

Cite This Article:

Kamrunnisha, Dr. Manjit Singh, A Comparative Performance Analysis between Shariah Investment and Non–Shariah Investment: Empirical Evidence from Prior Literature, INDIAN JOURNAL OF APPLIED RESEARCH : Volume‾7 | Issue‾4 | April-2017

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