This paper focuses on Shari'ah-compliant investments, which are managed in a Shari'ah-compliant manner that goes beyond defining a set of rules or guidelines to generate a static list of automatically screened equities. Shari'ah screening is about identifying a set of investments that adhere to...

In this paper we analyze the effects of different strategies to construct Shariah compatible financial portfolios. The difference between conventional and current Shariah portfolio management is the application of sector screens and financial screens by which the asset universe is reduced. Yet,...