Currently, there is insignificant academic research on Islamic asset management, since research to date focuses mainly on single asset classes excluding multi-asset class portfolios. While such literature is useful to understand the performance and risk characteristics of individual asset categories (in particular equity, but also fixed income), real-world investing is more complicated. The current literature on Islamic asset management is examined to create a foundation for further analysis of multi-asset portfolios and observe the gaps needed to be filled.
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