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Syariah Compliant Screening Practices

Author

Listed:
  • Mondher bellalah
  • Asma Abdul Rehman
  • Omar Masood

    (THEMA, Universite de Cergy-Pontoise
    Superior University, Lahore, Pakistan,
    Royal Business School, University of East London)

Abstract

This study focuses on the shariaa compliant screening methods that are practiced by prominent Islamic finance users in terms of qualitative and quantitative screening. This research uses the comparative analysis to recognize the similarities and differences of methods among 15 users. Analysis reveals that there is a need to set the universal standards not only for the investors but also to discourage the misunderstanding between investors and scholars. After analysis of qualitative and quantitative screening, recommendations for the both methods have been made for the shariah compliant board and users.

Suggested Citation

  • Mondher bellalah & Asma Abdul Rehman & Omar Masood, 2013. "Syariah Compliant Screening Practices," THEMA Working Papers 2013-16, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
    • Handle: RePEc:ema:worpap:2013-16
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    File URL: http://thema.u-cergy.fr/IMG/documents/2013-16.pdf
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    References listed on IDEAS

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    1. Grais, Wafik & Pellegrini, Matteo, 2006. "Corporate governance and Shariah compliance in institutions offering Islamic financial services," Policy Research Working Paper Series 4054, The World Bank.
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    Cited by:

    1. Raghibi, Abdessamad & Oubdi, Lahsen, 2020. "Shari’ah-compliant Stock Screening: A Financial Perspective," MPRA Paper 101845, University Library of Munich, Germany.
    2. Naveeda K Katper & Sanober Salman Shaikh & Vivake Anand & Najma Imtiaz Ali, 2018. "Analysing the Impact of Managerial Ownership on the Performance of Shariah-Compliant Firms in Pakistan," International Business Research, Canadian Center of Science and Education, vol. 11(11), pages 55-66, November.

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    More about this item

    Keywords

    Islamic finance; Shariah compliant; screening method;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors

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