Assessment of Risk Perception on Shariah compliant equity share investment among the Muslim population in Assam, India

Dhrubajyoti Bordoloi; Dr. Pranjal Bezborah

Volume : VIII, Issue : III, March - 2019

Assessment of Risk Perception on Shariah compliant equity share investment among the Muslim population in Assam, India

Dhrubajyoti Bordoloi, Dr. Pranjal Bezborah

Abstract :

The purpose of this paper is to evaluate the risk perception of the Muslim population of Assam, India in relation to the Shariah compliant equity share investment. The study is based on primary data collected from the government and semi–government Muslim employees’ working in Assam, India during January 2017 to April, 2018. The majority of the Muslim population of Assam, India are having moderate level of risk perceptions. The demographic factors play an important role in finding out the risk perception of the people. As found out from the study there is no significant difference in risk perception level among the Muslim population of Assam, India in relation to gender, mother tongue, and educational qualification. It is also found that, there is a significant difference in risk perceptions among the people of various districts of Assam, India, their designation in the office and the income level. Further it is also found out that, investment in equity share did not have any association with the risk perception and vice versa