Islamic investments funds versus hedge Funds

Inhaltsverzeichnis (Table of Contents)

• INTRODUCTION
• Background
• Statement of the problem
• Objectives
• Justification
• Structure
• ISLAMIC INVESTMENT FUNDS
• What are Islamic investment funds?
• The Shariah
• The principles of Shariah
• The Shariah board
• Historic and future development
• Financing in the beginning of Islam
• Islamisation of the economy - Pakistan in its outrider role
• The history of the Islamic capital market
• Current market environment of Islamic capital market
• Further development of Islamic capital markets
• Special characteristics of Islamic finance
• Interest in Islamic finance
• Risk in Islamic economics
• Gharar
• Financial engineering in Islamic finance
• Principles of financial engineering
• Strategies for product development
• Special characteristics of Islamic investment funds
• Shariah principles for Islamic investment funds
• Investing in shares
• The purification
• Difficulties of adopting existing regulations
• Regulation of Islamic investment funds

Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)

This thesis aims to provide a comparative analysis of Islamic investment funds and hedge funds, filling a gap in the existing literature. The work investigates whether Islamic investment funds can compete with hedge funds and seeks to answer key questions regarding their advantages, disadvantages, similarities, differences, and the possibility of balancing an investment portfolio through the use of both.

• Comparison of Islamic investment funds and hedge funds
• Advantages and disadvantages of each investment form
• Similarities and differences between the two
• Balancing an investment portfolio through the use of both
• The potential of Islamic investment funds to outperform hedge funds

Zusammenfassung der Kapitel (Chapter Summaries)

The thesis begins by providing a comprehensive introduction, outlining its background, objectives, justification, and structure. This is followed by a detailed exploration of Islamic investment funds, covering their definition, Shariah principles, historical development, special characteristics, and financial engineering strategies. The chapter concludes with a discussion on the challenges of adopting existing regulations for Islamic investment funds.

Schlüsselwörter (Keywords)

This thesis focuses on the key concepts of Islamic investment funds, hedge funds, Shariah principles, Islamic finance, risk management, and investment portfolio optimization. The work investigates the potential of Islamic investment funds to outperform hedge funds and explores the differences and similarities between these two alternative investment forms.