A Guide to Islamic Asset Management
Show Less

A Guide to Islamic Asset Management

Portfolio Investing with Sharia

John A. Sandwick, M. K. Hassan and Pablo Collazzo

This original book examines how investment theory and regulatory constraints are linked to the professional processes of portfolio investments, and how the principles of Islam as defined by sharia fit into these processes. It also explores the measures required to create and grow a global Islamic asset management industry.
Buy Book in Print
Show Summary Details
You do not have access to this content

Chapter 2: Research design and finding data

John A. Sandwick, M. K. Hassan and Pablo Collazzo


Modern Portfolio Theory requires diversified investments across all asset categories. Industry practitioners achieve this theoretical requirement by first examining their investible universe, then filtering and sorting securities according to typical constraints (regulatory, professional, ethical, spiritual and other), resulting in a “Buy List” that is subjected to portfolio optimization. Each optimization is done according to investment strategies for unique client profiles. The methodology of this study is identical: Identify the Islamic investible universe, short-list qualifying securities, and then perform portfolio optimization for a hypothetical “typical” Muslim investor. Such Islamic portfolios were constructed in both passive and proxy-dynamic forms, and compared to conventional peers.

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.

Further information

or login to access all content.