Shariah and socially responsible investment (SRIs) in the US: are investors in these portfolios disadvantaged?
In recent years, there has been a notable increase in investor consideration for religiosity and/or ethics in investment decision making it a class of investments in its own right and an important input in portfolio selection decisions. Investment decisions are governed not only by factors including investor anticipation of future economic, geo-political trends, social changes and investment timing but also religion or belief system. The religiosity and/or ethical practices prompt investors to discard so-called 'sin stocks' and limit their investment horizons to permissible investment alternatives.
Shariah-based investments , Socially Responsible Investments (SRI) , Islamic finance industry
Anwer, Zaheer. (2018). Shariah and socially responsible investment (SRIs) in the US: are investors in these portfolios disadvantaged? CIAWM Bulletin, 3 (2017), pp. 25-27.
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