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Does Islamic Finance Outperform Conventional Finance ? Further Evidence from the recent financial crisis

Author

Listed:
  • Fredj Jawadi
  • Nabila Jawadi
  • Waël Louhichi

Abstract

This paper aims to study the performance of Islamic finance regarding that of conventional finance over the last decade. This question is particularly interesting as within the current financial crisis, conventional finance is being rather ineffectual an

Suggested Citation

  • Fredj Jawadi & Nabila Jawadi & Waël Louhichi, 2014. "Does Islamic Finance Outperform Conventional Finance ? Further Evidence from the recent financial crisis," Working Papers 2014-279, Department of Research, Ipag Business School.
    • Handle: RePEc:ipg:wpaper:2014-279
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    File URL: https://faculty-research.ipag.edu/wp-content/uploads/recherche/WP/IPAG_WP_2014_279.pdf
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    References listed on IDEAS

    as
    1. Michael C. Jensen, 1968. "The Performance Of Mutual Funds In The Period 1945–1964," Journal of Finance, American Finance Association, vol. 23(2), pages 389-416, May.
    2. Haitham A. Al-Zoubi & Aktham I. Maghyereh, 2007. "The Relative Risk Performance Of Islamic Finance: A New Guide To Less Risky Investments," International Journal of Theoretical and Applied Finance (IJTAF), World Scientific Publishing Co. Pte. Ltd., vol. 10(02), pages 235-249.
    3. Carhart, Mark M, 1997. "On Persistence in Mutual Fund Performance," Journal of Finance, American Finance Association, vol. 52(1), pages 57-82, March.
    4. repec:dau:papers:123456789/1744 is not listed on IDEAS
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. repec:ipg:wpaper:2014-530 is not listed on IDEAS
    2. repec:ipg:wpaper:2014-526 is not listed on IDEAS
    3. repec:ipg:wpaper:2014-551 is not listed on IDEAS
    4. Jamal Agouram & Jamaa Anoualigh & Lhoucine Ben Hssain & Ghizlane Lakhnati, 2021. "Performance and Risks: Islamic Indices and Compared to Conventional Indices," Asian Journal of Economics and Empirical Research, Asian Online Journal Publishing Group, vol. 8(1), pages 17-26.
    5. repec:ipg:wpaper:2014-566 is not listed on IDEAS
    6. repec:ipg:wpaper:2014-538 is not listed on IDEAS
    7. repec:ipg:wpaper:2014-493 is not listed on IDEAS
    8. María de la O González & Francisco Jareño & Camalea El Haddouti, 2019. "Sector Portfolio Performance Comparison between Islamic and Conventional Stock Markets," Sustainability, MDPI, vol. 11(17), pages 1-23, August.
    9. repec:ipg:wpaper:2014-521 is not listed on IDEAS
    10. repec:ipg:wpaper:2014-448 is not listed on IDEAS
    11. repec:ipg:wpaper:2014-559 is not listed on IDEAS
    12. Kathrin Lesser & Christian Walkshäusl, 2018. "International Islamic funds," Review of Financial Economics, John Wiley & Sons, vol. 36(1), pages 72-80, January.
    13. repec:ipg:wpaper:2014-487 is not listed on IDEAS
    14. repec:ipg:wpaper:2014-534 is not listed on IDEAS
    15. repec:ipg:wpaper:2014-571 is not listed on IDEAS

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    More about this item

    Keywords

    Islamic Finance; Financial Crisis; Innovations; Performance.;
    All these keywords.

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises
    • G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)

    NEP fields

    This paper has been announced in the following NEP Reports:

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