IDEAS home Printed from https://ideas.repec.org/a/eme/imefmp/v4y2011i2p116-130.html
   My bibliography  Save this article

Islamic investment behaviour

Author

Listed:
  • Imran Tahir
  • Mark Brimble

Abstract

Purpose - In the past decade, there has been strong growth in Islamic finance and banking across the globe, there is little empirical evidence on the impact of religiosity on financial decisions. This paper aims to address this issue. Design/methodology/approach - This paper uses an experimental design to investigate the investment behaviours of a group of Muslims. Findings - The paper finds that Islam does influence investment behaviour, however, the degree to which it does this is influenced by the degree of religiosity of the individual. In addition, evidence is found of “Western style” wealth maximisation amongst Muslim investors as well as a desire to consider sustainable investment principles in asset allocations. Research limitations/implications - These findings have implications for investors, financial advisors, and policy makers. Originality/value - The paper is original its use of the experimental design to test the impact of religiosity in the context of investment decisions by Muslims.

Suggested Citation

  • Imran Tahir & Mark Brimble, 2011. "Islamic investment behaviour," International Journal of Islamic and Middle Eastern Finance and Management, Emerald Group Publishing Limited, vol. 4(2), pages 116-130, June.
  • Handle: RePEc:eme:imefmp:v:4:y:2011:i:2:p:116-130
    DOI: 10.1108/17538391111144515
    as

    Download full text from publisher

    File URL: https://www.emerald.com/insight/content/doi/10.1108/17538391111144515/full/html?utm_source=repec&utm_medium=feed&utm_campaign=repec
    Download Restriction: Access to full text is restricted to subscribers

    File URL: https://www.emerald.com/insight/content/doi/10.1108/17538391111144515/full/pdf?utm_source=repec&utm_medium=feed&utm_campaign=repec
    Download Restriction: Access to full text is restricted to subscribers

    File URL: https://libkey.io/10.1108/17538391111144515?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

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

    Citations

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


    Cited by:

    1. Shaikh, Salman, 2012. "Islamic Banking in Pakistan: A Critical Analysis," MPRA Paper 42497, University Library of Munich, Germany.
    2. Shaikh, Salman, 2013. "Economic Analysis of Islamic Banking in Pakistan," MPRA Paper 53797, University Library of Munich, Germany.
    3. Muhammad Shulthoni & Norma Md Saad & Saim Kayadibi & Muhammad Irwan Ariffin, 2018. "Waqf Fundraising Management: A Proposal For A Sustainable Finance Of The Waqf Institutions," Journal of Islamic Monetary Economics and Finance, Bank Indonesia, vol. 3(Special I), pages 153-178, May.

    Corrections

    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:imefmp:v:4:y:2011:i:2:p:116-130. See general information about how to correct material in RePEc.

    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 bibliographic 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.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Emerald Support (email available below). General contact details of provider: .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.