Abstract
There has been a recent increase in the importance of and universal interest in the field of “Islamic Finance.” There are currently investment alternatives which are designed to meet the constraints imposed by Islamic Shariah, such as SUKUKS (Islamic bonds) and Islamic mutual funds. This paper explores the similarities and differences between the components and characteristics of Islamic mutual funds, Christian mutual funds, both classified as Morally Responsible Investment (MRI) funds, and socially responsible investment (SRI) funds. In addition, we explore the possibility of designing a mutual fund which can satisfy the three different groups of investors. <b>TOPICS:</b>ESG investing, mutual funds/passive investing/indexing, portfolio construction
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
