Sukuk on the Socially Responsible Investments Market
Dariusz Piotrowski ()
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Dariusz Piotrowski: Nicolaus Copernicus University in Toruń
A chapter in Eurasian Business Perspectives, 2020, pp 357-367 from Springer
Abstract:
Abstract The aim of the chapter is to examine to what extent investment funds implementing the strategy of socially responsible investing engage their funds in the assets of the Islamic financial market. Particular interest was focused on the sukuk—the most known Islamic capital market instruments. Research was conducted by way of applying critical analysis to the literature of the subject. The study yielded results indicating a total lack of sukuk in the portfolios of leading mutual SRI funds. The reason of this phenomenon may be the perception of sukuk as instruments not conforming to the idea of responsible finance, but narrowly related to Islamic ethics.
Keywords: Sukuk; Ethics; Responsible investments (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:spr:eurchp:978-3-030-35051-2_24
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DOI: 10.1007/978-3-030-35051-2_24
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