IDEAS home Printed from
   My bibliography  Save this article

Sustainable and socially responsible investing: Does Islamic investing make a difference?


  • Saeed BinMahfouz
  • M. Kabir Hassan


Purpose - There is a great deal of research that has been done to investigate the investment characteristics of conventional socially responsible investment portfolios compared to their broader conventional counterparts. However, the impact of incorporating sustainability criteria into the traditional Design/methodology/approach - The paper examines the investment characteristics of four groups of investment portfolios mainly, Dow Jones Global Index, Dow Jones Sustainability World Index, Dow Jones Islamic Market World Index and Dow Jones Islamic Market Sustainability Index. To improve the robustness of the study, the analysis was carried out at different levels. First, absolute mean return and Findings - The paper finds that neither the Originality/value - The study contributes to the existing literature by giving new evidence on the impact of incorporating sustainability criteria into the traditional

Suggested Citation

  • Saeed BinMahfouz & M. Kabir Hassan, 2013. "Sustainable and socially responsible investing: Does Islamic investing make a difference?," Humanomics: The International Journal of Systems and Ethics, Emerald Group Publishing, vol. 29(3), pages 164-186, August.
  • Handle: RePEc:eme:humpps:v:29:y:2013:i:3:p:164-186

    Download full text from publisher

    File URL:
    Download Restriction: Access to full text is restricted to subscribers

    As the access to this document is restricted, you may want to search for a different version of it.


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. repec:eee:pacfin:v:52:y:2018:i:c:p:134-143 is not listed on IDEAS
    2. repec:eee:ecosys:v:42:y:2018:i:3:p:450-469 is not listed on IDEAS


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eme:humpps:v:29:y:2013:i:3:p:164-186. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Virginia Chapman). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.