Islamic and conventional behavioural finance: A critical analysis
The purpose of this study is to critically analyze existing literature on behavioral finance and to draw conclusions and recommendations for future studies in this area. The study is based on a critical review of the literature of Islamic and conventional behavioral finance. The findings reveal...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
King Abdul Aziz University
2015
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/49437/ http://irep.iium.edu.my/49437/1/153874_28-2-10-OsmanSayid-6.pdf |
| _version_ | 1848783457716535296 |
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| author | Musse, Osman Sayid Hassan Echchabi, Abdelghani Abd. Aziz, Hassanuddeen |
| author_facet | Musse, Osman Sayid Hassan Echchabi, Abdelghani Abd. Aziz, Hassanuddeen |
| author_sort | Musse, Osman Sayid Hassan |
| building | IIUM Repository |
| collection | Online Access |
| description | The purpose of this study is to critically analyze
existing literature on behavioral finance and to draw
conclusions and recommendations for future studies in this area.
The study is based on a critical review of the literature of
Islamic and conventional behavioral finance. The findings
reveal that investors are affected by psychological and social
factors toward their financial decision-making process with
respect to investment and choosing a particular financial
product. The paper concludes that Islamic behavioral finance is
a relatively new and efforts are needed to advance work in this
area compared with the more advanced conventional behavioral
finance. Behavioral issues are, however, gaining considerable
attention from a broad spectrum of investors, especially those in
the Muslim world. |
| first_indexed | 2025-11-14T16:21:40Z |
| format | Article |
| id | iium-49437 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T16:21:40Z |
| publishDate | 2015 |
| publisher | King Abdul Aziz University |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | iium-494372018-01-03T09:29:19Z http://irep.iium.edu.my/49437/ Islamic and conventional behavioural finance: A critical analysis Musse, Osman Sayid Hassan Echchabi, Abdelghani Abd. Aziz, Hassanuddeen HG3368 Islamic Banking and Finance The purpose of this study is to critically analyze existing literature on behavioral finance and to draw conclusions and recommendations for future studies in this area. The study is based on a critical review of the literature of Islamic and conventional behavioral finance. The findings reveal that investors are affected by psychological and social factors toward their financial decision-making process with respect to investment and choosing a particular financial product. The paper concludes that Islamic behavioral finance is a relatively new and efforts are needed to advance work in this area compared with the more advanced conventional behavioral finance. Behavioral issues are, however, gaining considerable attention from a broad spectrum of investors, especially those in the Muslim world. King Abdul Aziz University 2015-07 Article PeerReviewed application/pdf en http://irep.iium.edu.my/49437/1/153874_28-2-10-OsmanSayid-6.pdf Musse, Osman Sayid Hassan and Echchabi, Abdelghani and Abd. Aziz, Hassanuddeen (2015) Islamic and conventional behavioural finance: A critical analysis. Journal of King Abdul Aziz University: Islamic Economics ( JKAU ), 28 (2). pp. 237-251. ISSN 7383-1018 http://iei.kau.edu.sa/Files/121/Files/153874_28-2-10-OsmanSayid-6.pdf |
| spellingShingle | HG3368 Islamic Banking and Finance Musse, Osman Sayid Hassan Echchabi, Abdelghani Abd. Aziz, Hassanuddeen Islamic and conventional behavioural finance: A critical analysis |
| title | Islamic and conventional behavioural finance: A critical analysis |
| title_full | Islamic and conventional behavioural finance: A critical analysis |
| title_fullStr | Islamic and conventional behavioural finance: A critical analysis |
| title_full_unstemmed | Islamic and conventional behavioural finance: A critical analysis |
| title_short | Islamic and conventional behavioural finance: A critical analysis |
| title_sort | islamic and conventional behavioural finance: a critical analysis |
| topic | HG3368 Islamic Banking and Finance |
| url | http://irep.iium.edu.my/49437/ http://irep.iium.edu.my/49437/ http://irep.iium.edu.my/49437/1/153874_28-2-10-OsmanSayid-6.pdf |