Reports that there are lessons which can be learned from the Western ethical “green” finance industry for Islamic investors. States that these are that the criteria for investment selection are different, and the modes of permissible financing may also differ, but there are screening and reporting techniques which are of potential importance to both groups of investors. First addresses ethical fund management issues, which should shed some light on the dilemmas facing Islamic investors. Goes on to consider criteria for haram and halal investment, as well as the implications of company capital gearing or leverage for riba. Covers investment specific issues, including the treatment of capital gains in Islam and the evaluation of the conduct of market participants. Finally, surveys emerging markets in the Islamic world, as these are of obvious interest to Muslim investors wishing to broaden their portfolios.
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1 November 1997
Review Article|
November 01 1997
Islamic finance and ethical investment Available to Purchase
Rodney Wilson
Rodney Wilson
Department of Economics, University of Durham, Durham, UK
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Publisher: Emerald Publishing
Online ISSN: 1758-6712
Print ISSN: 0306-8293
© MCB UP Limited
1997
International Journal of Social Economics (1997) 24 (11): 1325–1342.
Citation
Wilson R (1997), "Islamic finance and ethical investment". International Journal of Social Economics, Vol. 24 No. 11 pp. 1325–1342, doi: https://doi.org/10.1108/03068299710193624
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