Escolar Documentos
Profissional Documentos
Cultura Documentos
3. Investment Heuristics
Many studies have compared the performance of stocks of Islam, with
conventional indices and portfolio. This research received mixed results.
Empirical findings are sensitive to the sample, the selected data, the
period of time and methodologies. Therefore, it is difficult to claim that
conventional equity is more to say or otherwise under any and all
circumstances. The question that category of shares is a better
investment (Islamic or conventional) is crucially dependent on the
parameters of empirical studies. Therefore, the answer to such a question
is often considers just as an academic. Less of a moot point is any insights
on when Islamic portfolios fare better or for whom such an investment
category is well suited.
unintended
repercussions.
One
can
illustrate
how
automatic
large revenues come from the sale of wines and alcohol. However,
automatic inspection has categorized it as Sharia-compliant as regards the
only industry Louis Vuitton clothes and accessories. The same can be said
when
examining
stocks
using
financial
ratios.
Financial
reporting
standards vary from one jurisdiction to another, and most if not all do not
qualify for the specific purpose of Sharia stock screening.
5. Going beyond Sector Screening and Financial Ratio
Sharia Compliance is very important to Islamic Business to guide and
make the business clear than conventional. But the issue is, its not
necessity imply of good business without their contributions to the society.
Islamic business should increase their contribution such as Social
Responsibility Investment (SRI) and also Corporate Social Responsibility
(CSR), environment protection and also in conservation. Islamic equity not
only legal in term of law but need good performance and have a good
perspective among society and the Sharia compliant can be extended to
include all that is good and healthy. Increasing the SRI and CSR in Islamic
equity are very helpful to motivate to take Islamic equity to its next phase
of evaluation because, Islamic not only provide halal product but show
that Islamic is very responsible and care with what going on in around of
business.
proposition. So, maybe the Islamic should increase their study and
research such using empirical investigation to get some finding and
information from external and internal side on how to increase the value.