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Keywords: Purification process
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Journal Articles
Journal of Islamic Accounting and Business Research (2026) 17 (6): 1207–1230.
Published: 08 July 2024
...Moad El Kharrim Purpose This paper aims to propose a Shariah-compliant multi-period fuzzy portfolio optimization model that accounts for Shariah compliance through purification processes and incorporates various Shariah constraints, including sustainability constraints. This model aims to ensure...
Journal Articles
Journal of Islamic Accounting and Business Research (2023) 14 (8): 1300–1323.
Published: 17 March 2023
..., however, are not allowed to accept any of the NPI. For this reason, the portion corresponding to the NPI needs to be removed from the earnings, and the act of cleansing and deducting the NPI from the investors’ returns is known as the purification process (Marzban, 2011). There are two commonly adopted...
