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Multiple Criteria in Islamic Portfolio Selection

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Part of the book series: Multiple Criteria Decision Making ((MCDM))

Abstract

Among all topics discussed during the International Conference on Multidimensional Finance, Insurance and Investment (ICMFII’2013) held at the College of Business Administration of University of Bahrain from 23 to 25 November 2013, Islamic finance generated a lot of interest from conference participants. One of the main concerns was to identify the criteria that should be considered to construct a Shariah-compliant portfolio. In this chapter, we report the debate on the Islamic approach for portfolio selection and we present a set of potential criteria for Shariah-compliant investment. The chapter ends with a short discussion about the concept of risk and uncertainty in an Islamic portfolio selection model.

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Correspondence to Minwir Al-Shammari .

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Al-Shammari, M., Farooq, M.O., Masri, H. (2015). Multiple Criteria in Islamic Portfolio Selection. In: Al-Shammari, M., Masri, H. (eds) Multiple Criteria Decision Making in Finance, Insurance and Investment. Multiple Criteria Decision Making. Springer, Cham. https://doi.org/10.1007/978-3-319-21158-9_1

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