scholarly journals Ethical Mutual Investment Funds and Islamic Investment Funds: A comparative study

2018 ◽  
Vol 4 (2) ◽  
pp. 75-81
Author(s):  
Salwa Ahmed
Author(s):  
Wawrzyniec Czubak ◽  
Krzysztof Pawłowski ◽  
Paulina Wiza ◽  
Felix Arion

The purpose of this paper was to compare the investment amounts and efficiency of productive input between Polish and Romanian dairy farms depending on whether they access funds under the second pillar of EU’s CAP. The study covered the particularities of farms who access investment funds under the 2nd pillar of EU’s CAP, which allowed to identify the differences between beneficiaries and the control group (i.e. non-beneficiary farms). This paper relies on unpublished 2004–2015 microdata at a farm level, as retrieved from the FADN of the European Commission’s Directorate-General for Agriculture and Rural Development (DG AGRI-C.3; data source: EU-FADN – DG AGRI). The analysis period starts from the moment the two countries joined the EU and launched the FADN system (which is 2004 for Poland and 2007 for Romania) and ends in 2015. The research task defined for Polish and Romanian dairy farms was performed with the use of Propensity Score Matching, a counterfactual method. The calculations were carried out using STATA. As shown by the analysis, in Poland, no considerable differences existed between dairy farms run by the beneficiaries of EU investment funds and the control group. Conversely, in Romania, investment aid was accessed by farms demonstrating a more efficient use of productive input.


2020 ◽  
Vol 12 (9) ◽  
pp. 3530 ◽  
Author(s):  
Francisco Climent ◽  
Paula Mollá ◽  
Pilar Soriano

Islamic investment funds have become increasingly important because of high demand from many investors, including those outside the Muslim investment community. This article compares the performance and risk sensitivity of Islamic mutual funds in the United States with that of their conventional peers. This article also analyzes the performance of Islamic funds, and compares this performance with that of socially responsible investment (SRI) mutual funds. Capital Asset Pricing Model (CAPM)-based methodology was used for the analysis. The results suggest that over the entire study period (1987–2018), Islamic funds outperformed conventional funds with comparable characteristics. However, over the most recent period (2000–2018), there were no significant differences in performance. Moreover, Islamic funds achieved levels of adjusted performance that did not significantly differ from those of SRI funds. Conversely, for the earlier period (1987–2000), Islamic funds performed worse than SRI and conventional funds with similar characteristics.


Impact ◽  
2021 ◽  
Vol 2021 (3) ◽  
pp. 41-43
Author(s):  
Yumiko Miwa

In the world of business nowadays there is a focus on shareholders, and a lack of separation between ownership and management. Innovations in investment technology have led to a growth in the assets of institutional investors and an increased influence of investors. Indeed, many investors have assumed the role of 'speaking shareholder' for the companies in question. This is referred to as hedge fund activism, with once silent investors becoming shareholders and, as a result, individuals and hedge funds are able to dominate the activities of companies. From the late 1990s to the early 2000s this situation was centred around pension funds but now revolves around hedge funds. Professor Yumiko Miwa, Graduate School of Commerce, Meiji University, Japan, is conducting an international comparative study of the influence of investment funds on enterprise management. This research investigates anti-takeover measures, preferential treatments and addresses potential conflicts of interest. In other research, Miwa is working to address the stance taken by some companies that women are socially disadvantaged. The topic of this research is Women Working in the Capital Markets.


Sign in / Sign up

Export Citation Format

Share Document