{"id":"https://openalex.org/W157945147","doi":"https://doi.org/10.1080/10835547.2008.12089819","title":"Shariah Compliance in Real Estate Investment","display_name":"Shariah Compliance in Real Estate Investment","publication_year":2008,"publication_date":"2008-01-01","ids":{"openalex":"https://openalex.org/W157945147","doi":"https://doi.org/10.1080/10835547.2008.12089819","mag":"157945147"},"language":"en","primary_location":{"id":"doi:10.1080/10835547.2008.12089819","doi":"https://doi.org/10.1080/10835547.2008.12089819","is_oa":false,"landing_page_url":"https://doi.org/10.1080/10835547.2008.12089819","pdf_url":null,"source":{"id":"https://openalex.org/S2764953858","display_name":"Journal of Real Estate Portfolio Management","issn_l":"1083-5547","issn":["1083-5547","2691-1205"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-scientific","cwts-core","jufo-1","poland-20","russia-white-list-2"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Real Estate Portfolio Management","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":null,"display_name":"Muhammad Faishal","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I165932596","display_name":"National University of Singapore","ror":"https://ror.org/01tgyzw49","country_code":"SG","type":"education","lineage":["https://openalex.org/I165932596"]}],"countries":["SG"],"is_corresponding":false,"raw_author_name":"Muhammad Faishal","raw_affiliation_strings":["Ibrahim National University of Singapore, Singapore"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Ibrahim National University of Singapore, Singapore","institution_ids":["https://openalex.org/I165932596"]}]},{"author_position":"last","author":{"id":null,"display_name":"Seow Eng","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I165932596","display_name":"National University of Singapore","ror":"https://ror.org/01tgyzw49","country_code":"SG","type":"education","lineage":["https://openalex.org/I165932596"]}],"countries":["SG"],"is_corresponding":false,"raw_author_name":"Seow Eng","raw_affiliation_strings":["Ong National University of Singapore, Singapore"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Ong National University of Singapore, Singapore","institution_ids":["https://openalex.org/I165932596"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I165932596"],"apc_list":null,"apc_paid":null,"fwci":4.3021,"has_fulltext":false,"cited_by_count":25,"citation_normalized_percentile":{"value":0.95454858,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":98},"biblio":{"volume":"14","issue":"4","first_page":"401","last_page":"414"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11365","display_name":"Islamic Finance and Banking Studies","score":0.9771000146865845,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11365","display_name":"Islamic Finance and Banking Studies","score":0.9771000146865845,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.017500000074505806,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12651","display_name":"Halal products and consumer behavior","score":0.001500000013038516,"subfield":{"id":"https://openalex.org/subfields/3312","display_name":"Sociology and Political Science"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/sharia-compliance","display_name":"sharia compliance","score":0.9980000257492065},{"id":"https://openalex.org/keywords/islamic-finance","display_name":"Islamic finance","score":0.6179999709129333},{"id":"https://openalex.org/keywords/real-estate-investment-trusts","display_name":"real estate investment trusts","score":0.8970000147819519},{"id":"https://openalex.org/keywords/real-estate-mutual-funds","display_name":"real estate mutual funds","score":0.9449999928474426},{"id":"https://openalex.org/keywords/portfolio-performance","display_name":"portfolio performance","score":0.503000020980835},{"id":"https://openalex.org/keywords/risk-adjusted-returns","display_name":"risk-adjusted returns","score":0.597000002861023},{"id":"https://openalex.org/keywords/multifactor-models","display_name":"multi-factor models","score":0.6620000004768372},{"id":"https://openalex.org/keywords/benchmark-comparison","display_name":"benchmark comparison","score":0.6140000224113464},{"id":"https://openalex.org/keywords/compliance-costs","display_name":"compliance costs","score":0.3880000114440918}],"concepts":[{"id":"https://openalex.org/C38815200","wikidata":"https://www.wikidata.org/wiki/Q697852","display_name":"Real estate investment trust","level":3,"score":0.8443721532821655},{"id":"https://openalex.org/C82279013","wikidata":"https://www.wikidata.org/wiki/Q684740","display_name":"Real estate","level":2,"score":0.651386022567749},{"id":"https://openalex.org/C2780743171","wikidata":"https://www.wikidata.org/wiki/Q1383611","display_name":"Executive summary","level":2,"score":0.6302403211593628},{"id":"https://openalex.org/C2780821815","wikidata":"https://www.wikidata.org/wiki/Q5340806","display_name":"Portfolio","level":2,"score":0.6254544258117676},{"id":"https://openalex.org/C2781460075","wikidata":"https://www.wikidata.org/wiki/Q1399332","display_name":"Compliance (psychology)","level":2,"score":0.5307550430297852},{"id":"https://openalex.org/C30755413","wikidata":"https://www.wikidata.org/wiki/Q1245402","display_name":"Risk\u2013return spectrum","level":3,"score":0.5180171132087708},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.4908357262611389},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.47143712639808655},{"id":"https://openalex.org/C162118730","wikidata":"https://www.wikidata.org/wiki/Q1128453","display_name":"Actuarial science","level":1,"score":0.44542399048805237},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.4357910752296448},{"id":"https://openalex.org/C2991665230","wikidata":"https://www.wikidata.org/wiki/Q2651003","display_name":"Excess return","level":3,"score":0.43460965156555176},{"id":"https://openalex.org/C199163554","wikidata":"https://www.wikidata.org/wiki/Q1681619","display_name":"Univariate","level":3,"score":0.43454378843307495},{"id":"https://openalex.org/C27548731","wikidata":"https://www.wikidata.org/wiki/Q88272","display_name":"Investment (military)","level":3,"score":0.42967918515205383},{"id":"https://openalex.org/C26584437","wikidata":"https://www.wikidata.org/wiki/Q6060874","display_name":"Investment performance","level":4,"score":0.4217781126499176},{"id":"https://openalex.org/C185798385","wikidata":"https://www.wikidata.org/wiki/Q1161707","display_name":"Benchmark (surveying)","level":2,"score":0.41211050748825073},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.35150083899497986},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.35067129135131836},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.328866571187973},{"id":"https://openalex.org/C169549615","wikidata":"https://www.wikidata.org/wiki/Q939134","display_name":"Return on investment","level":3,"score":0.20105597376823425},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.16439732909202576},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.1353565752506256},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.07260346412658691},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C205649164","wikidata":"https://www.wikidata.org/wiki/Q1071","display_name":"Geography","level":0,"score":0.0},{"id":"https://openalex.org/C2778348673","wikidata":"https://www.wikidata.org/wiki/Q739302","display_name":"Production (economics)","level":2,"score":0.0},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C151730666","wikidata":"https://www.wikidata.org/wiki/Q7205","display_name":"Paleontology","level":1,"score":0.0},{"id":"https://openalex.org/C2779343474","wikidata":"https://www.wikidata.org/wiki/Q3109175","display_name":"Context (archaeology)","level":2,"score":0.0},{"id":"https://openalex.org/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C13280743","wikidata":"https://www.wikidata.org/wiki/Q131089","display_name":"Geodesy","level":1,"score":0.0},{"id":"https://openalex.org/C161584116","wikidata":"https://www.wikidata.org/wiki/Q1952580","display_name":"Multivariate statistics","level":2,"score":0.0},{"id":"https://openalex.org/C77805123","wikidata":"https://www.wikidata.org/wiki/Q161272","display_name":"Social psychology","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1080/10835547.2008.12089819","doi":"https://doi.org/10.1080/10835547.2008.12089819","is_oa":false,"landing_page_url":"https://doi.org/10.1080/10835547.2008.12089819","pdf_url":null,"source":{"id":"https://openalex.org/S2764953858","display_name":"Journal of Real Estate Portfolio Management","issn_l":"1083-5547","issn":["1083-5547","2691-1205"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-scientific","cwts-core","jufo-1","poland-20","russia-white-list-2"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Real Estate Portfolio Management","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:taf:repmxx:v:14:y:2008:i:4:p:401-414","doi":null,"is_oa":false,"landing_page_url":"http://hdl.handle.net/10.1080/10835547.2008.12089819","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":15,"referenced_works":["https://openalex.org/W147849860","https://openalex.org/W268000214","https://openalex.org/W1971258233","https://openalex.org/W1995428025","https://openalex.org/W1995834279","https://openalex.org/W2027210484","https://openalex.org/W2066748594","https://openalex.org/W2136120210","https://openalex.org/W2166935405","https://openalex.org/W2282872333","https://openalex.org/W3121145905","https://openalex.org/W3122123991","https://openalex.org/W3125137802","https://openalex.org/W3163979064","https://openalex.org/W4249622168"],"related_works":["https://openalex.org/W7070684636","https://openalex.org/W4244174886","https://openalex.org/W2971559775","https://openalex.org/W2056042340","https://openalex.org/W2501715652","https://openalex.org/W1986432623","https://openalex.org/W13955982","https://openalex.org/W2531266437","https://openalex.org/W2188311759","https://openalex.org/W4413934223"],"abstract_inverted_index":{"Executive":[0],"Summary.":[1],"This":[2],"paper":[3],"examines":[4],"the":[5,40,119,125,129,144],"cost":[6],"of":[7,39],"Shariah":[8,17,55,87],"compliance":[9,56,66,88],"in":[10,48,84],"real":[11,20,32],"estate":[12,21,33],"investments":[13],"by":[14],"comparing":[15],"synthetic":[16,41],"compliant":[18],"(SC)":[19],"investment":[22],"(REIT)":[23],"portfolios":[24,42,76,95],"with":[25,45],"unconstrained":[26],"U.S.":[27],"REIT":[28,94],"portfolios,":[29],"indexes,":[30],"and":[31,51,63,106,128,138],"mutual":[34],"funds":[35],"(REMF).":[36],"The":[37,115],"performance":[38],"are":[43,77,104,110,141],"compared":[44,78],"various":[46],"benchmarks":[47],"both":[49],"univariate":[50],"multi":[52],"factor":[53],"framework.":[54],"seems":[57],"to":[58,69,79,112],"create":[59],"a":[60],"return":[61,135],"trade-off":[62],"less":[64],"restrictive":[65],"requirements":[67],"appear":[68],"provide":[70],"better":[71],"historical":[72,145],"returns":[73],"when":[74,100,107],"SC":[75,93,121,137],"broader":[80],"indexes":[81,99],"or":[82],"REMFs":[83,123,140],"general.":[85],"However,":[86],"does":[89],"not":[90],"mean":[91,133,148],"that":[92,118],"necessarily":[96],"under-perform":[97],"relevant":[98,101],"risk":[102],"factors":[103],"considered":[105],"differing":[108],"sensitivities":[109],"applied":[111],"benchmark":[113],"returns.":[114],"simulation":[116],"shows":[117],"market-weighted":[120],"simulated":[122,131],"dominate":[124],"conventional":[126],"REMF":[127,146],"average":[130],"annualized":[132,147],"portfolio":[134],"for":[136],"SCLR":[139],"higher":[142],"than":[143],"return.":[149]},"counts_by_year":[{"year":2023,"cited_by_count":1},{"year":2019,"cited_by_count":3},{"year":2018,"cited_by_count":1},{"year":2017,"cited_by_count":2},{"year":2016,"cited_by_count":2},{"year":2015,"cited_by_count":1},{"year":2014,"cited_by_count":5},{"year":2013,"cited_by_count":2},{"year":2012,"cited_by_count":4}],"updated_date":"2026-11-03T10:50:19.383937","created_date":"2016-06-24T00:00:00"}
