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by Noripah Kamso
Investing In Islamic Funds: A Practitioner's Perspective
Cover
Praise
Series
Title Page
Copyright
Dedication
List of Tables and Figures
Foreword
Preface by Tan Sri Zarinah Anwar
Preface by Mohammad Faiz Azmi
Acknowledgments
Introduction
WITNESSING THE RISE
THE PULL OF PETRODOLLARS
THE LONG-TERM OPPORTUNITIES: FINANCIAL CENTERS
FAIR DISTRIBUTION OF WEALTH: THE NEXT GENERATION
MOVING FORWARD: CHANGE IN MIND-SET
NOTES
Chapter 1: The Growth of Shariah Investments
INTRODUCTION
THE GLOBAL ISLAMIC FUNDS INDUSTRY: WHERE IS IT NOW?
GLOBAL PRODUCT INNOVATION OF ISLAMIC INVESTMENT PRODUCTS
PROGNOSIS FOR ISLAMIC FINANCIAL MARKETS: WHERE ARE THEY GOING?
CONCLUSION
NOTES
Helpful Hints
Chapter 2: Fund Management within Shariah-Compliant Investment Guidelines
INTRODUCTION
THE APPLICATION OF ISLAMIC ETHICS TO ASSET MANAGEMENT
BENEFITS OF SHARIAH VIS-Ă€-VIS CONVENTIONAL INVESTING
CONCLUSION
NOTES
Helpful Hints
Chapter 3: Uncovering the Driving Principles of Islamic Finance
INTRODUCTION
THE FIVE BASIC PRINCIPLES OF ISLAMIC FINANCE
CONCLUSION
NOTES
Helpful Hints
Chapter 4: Investing Responsibly
INTRODUCTION
SCREENING CRITERIA
SCREENING PROCESS FOR ETHICAL FORM OF INVESTING
SOCIALLY RESPONSIBLE INVESTMENT VERSUS SHARIAH-COMPLIANT INVESTMENT
A SIMILAR APPROACH TO YOUR INVESTMENT?
AVAILABILITY OF CHOICE FOR INVESTORS
BROADER PORTFOLIO DIVERSIFICATION
CONCLUSION
NOTES
Helpful Hints
Appendix
ETHICAL INVESTMENT SCREENING BASED ON NEGATIVE SCREENING
Chapter 5: Broad Choices of Islamic Investment Funds
INTRODUCTION
EQUITY FUNDS
SUKUK FUNDS
EXCHANGE-TRADED FUNDS (ETFS)
MONEY MARKET FUNDS
ALTERNATIVE FUNDS
REAL ESTATE INVESTMENT TRUST FUNDS (REITS)
PRIVATE EQUITY FUNDS
HEDGE FUNDS
LEASE FUNDS
CONCLUSION
NOTES
Helpful Hints
Chapter 6: Mitigating the Myths
INTRODUCTION
ISLAMIC PRINCIPLES COME WITH BUILT-IN FINANCIAL ETHICS
THE MYTHS OF SHARIAH INVESTING
BENEFITS OF SHARIAH INVESTING
CONCLUSION
NOTES
Helpful Hints
Chapter 7: Comparative Analysis with Conventional Investing
INTRODUCTION
ISLAMIC INDICES OUTPERFORMED CONVENTIONAL INDICES
QUALITATIVE COMPARISON OF ISLAMIC INDEX SCREENING PROCESSES
PERFORMANCE ANALYSIS OF THREE DOW JONES SHARIAH INDICES AND THEIR COUNTERPARTS
VALUE-ADDED OPTIMIZATION FOR SHARIAH PERFORMANCE
CONCLUSION
NOTES
Helpful Hints
Chapter 8: Using Performance Characteristics to Build Wealth
INTRODUCTION
THE IMPACT OF BLACK SWAN EVENTS
WHY SHARIAH INVESTING IS RESILIENT
CONCLUSION
NOTES
Helpful Hints
Chapter 9: A Broader Investment Universe for Mainstream Investors
INTRODUCTION
EMERGENCE OF DIFFERENT SUKUK STRUCTURES
EXAMINING SUKUK INVESTMENT RESULTS
CASE STUDY: SUKUK INVESTING AS A DIVERSIFICATION STRATEGY
CONCLUSION
NOTES
Helpful Hints
Chapter 10: Shariah-Compliant UCITS Funds
INTRODUCTION
SOLUTION AT YOUR DOORSTEP
PROVIDING EASE OF TRANSACTION TO INTERNATIONAL INVESTORS
BRINGING SHARIAH INVESTMENT TO A GLOBAL AUDIENCE
NOTES
Helpful Hints
Chapter 11: Legal, Regulatory, Risk, and Operational Framework
INTRODUCTION
THE ISLAMIC FINANCIAL INSTITUTIONS’ REGULATORY FRAMEWORK
COUNTRY EXAMPLES
CONCLUSION
NOTES
Helpful Hints
Epilogue
About the Author
About the Contributors
Glossary to the Quotations
Introduction
Chapter 1: The Growth of Shariah Investments
Chapter 2: Fund Management within Shariah-Compliant Investment Guidelines
Chapter 3: Uncovering the Driving Principles of Islamic Finance
Chapter 4: Investing Responsibly
Chapter 5: Broad Choices of Islamic Investment Funds
Chapter 6: Mitigating the Myths
Chapter 7: Comparative Analysis with Conventional Investing
Chapter 8: Using Performance Characteristics to Build Wealth
Chapter 9: The Sukuk Portfolio
Chapter 10: Shariah-Compliant UCITS Funds
Chapter 11: Legal, Regulatory, Risk, and Operational Framework
Glossary of Islamic Finance
Global Islamic Finance Education Centers
PROFESSIONAL CERTIFICATIONS
UNIVERSITIES/COLLEGES/INSTITUTES
Global Islamic Finance Conferences/Summits/Seminars
Islamic Investment and Finance Readings
ISLAMIC FINANCE JOURNALS
ISLAMIC FINANCE MAGAZINES AND SUPPLEMENTS
Recommended Reading
Index
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