{"id":"https://openalex.org/W2437691313","doi":"https://doi.org/10.1016/j.rfe.2016.06.002","title":"International evidence on Islamic equity fund characteristics and performance persistence","display_name":"International evidence on Islamic equity fund characteristics and performance persistence","publication_year":2016,"publication_date":"2016-06-15","ids":{"openalex":"https://openalex.org/W2437691313","doi":"https://doi.org/10.1016/j.rfe.2016.06.002","mag":"2437691313"},"language":"en","primary_location":{"id":"doi:10.1016/j.rfe.2016.06.002","doi":"https://doi.org/10.1016/j.rfe.2016.06.002","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.rfe.2016.06.002","pdf_url":null,"source":{"id":"https://openalex.org/S105710273","display_name":"Review of Financial Economics","issn_l":"1058-3300","issn":["1058-3300","1873-5924"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-scientific","cwts-core","fnege-4","jufo-1","norway-1","poland-70","russia-white-list-3"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Review of Financial Economics","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":"https://openalex.org/A5023293014","display_name":"Rania Makni","orcid":"https://orcid.org/0000-0003-0068-2235","observed_orcids":["https://orcid.org/0000-0003-0068-2235"]},"institutions":[],"countries":[],"is_corresponding":true,"raw_author_name":"Rania Makni","raw_affiliation_strings":["Department of Economics & Applied Finance, The Institute of High Commercial Studies of Tunis, Tunisia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economics & Applied Finance, The Institute of High Commercial Studies of Tunis, Tunisia","institution_ids":[]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5078286777","display_name":"Olfa Benouda Sioud","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I179097149","display_name":"University of Carthage","ror":"https://ror.org/057x6za15","country_code":"TN","type":"education","lineage":["https://openalex.org/I179097149"]},{"id":"https://openalex.org/I4210110695","display_name":"Universit\u00e9 Tunis Carthage","ror":"https://ror.org/01xf5pq20","country_code":"TN","type":"education","lineage":["https://openalex.org/I4210110695"]}],"countries":["TN"],"is_corresponding":false,"raw_author_name":"Olfa Benouda","raw_affiliation_strings":["The Institute of High Commercial Studies, HEC Tunis and Vice-President of Carthage University, Department of Economics & Applied Finance, The Institute of High Commercial Studies of Tunis, Tunisia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"The Institute of High Commercial Studies, HEC Tunis and Vice-President of Carthage University, Department of Economics & Applied Finance, The Institute of High Commercial Studies of Tunis, Tunisia","institution_ids":["https://openalex.org/I179097149","https://openalex.org/I4210110695"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5034043185","display_name":"Ezzeddine Delhoumi","orcid":"https://orcid.org/0000-0002-0774-3902","observed_orcids":["https://orcid.org/0000-0002-0774-3902"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Ezzedine Delhoumi","raw_affiliation_strings":["Department of Economics & Applied Finance, The Institute of High Commercial Studies of Tunis, Tunisia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economics & Applied Finance, The Institute of High Commercial Studies of Tunis, Tunisia","institution_ids":[]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5023293014"],"corresponding_institution_ids":[],"apc_list":{"value":3470,"currency":"USD","value_usd":3470},"apc_paid":null,"fwci":3.6576,"has_fulltext":false,"cited_by_count":17,"citation_normalized_percentile":{"value":0.9367597,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":98},"biblio":{"volume":"31","issue":"1","first_page":"75","last_page":"82"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11365","display_name":"Islamic Finance and Banking Studies","score":0.6074000000953674,"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":0.6074000000953674,"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":0.382099986076355,"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/T12123","display_name":"Financial Analysis and Corporate Governance","score":0.0010000000474974513,"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"}}],"keywords":[{"id":"https://openalex.org/keywords/islamic-equity-funds","display_name":"Islamic equity funds","score":1.0},{"id":"https://openalex.org/keywords/fund-performance-persistence","display_name":"fund performance persistence","score":0.7310000061988831},{"id":"https://openalex.org/keywords/fund-characteristics","display_name":"fund characteristics","score":0.7310000061988831},{"id":"https://openalex.org/keywords/fund-age","display_name":"fund age","score":0.8949999809265137},{"id":"https://openalex.org/keywords/fund-family-size","display_name":"fund family size","score":0.8240000009536743},{"id":"https://openalex.org/keywords/management-fees","display_name":"management fees","score":0.9980000257492065},{"id":"https://openalex.org/keywords/fund-flows","display_name":"fund flows","score":0.6510000228881836},{"id":"https://openalex.org/keywords/liquidity","display_name":"liquidity","score":0.6129999756813049},{"id":"https://openalex.org/keywords/islamic-finance","display_name":"Islamic finance","score":0.4490000009536743}],"concepts":[{"id":"https://openalex.org/C199728807","wikidata":"https://www.wikidata.org/wiki/Q2578557","display_name":"Equity (law)","level":2,"score":0.6595948934555054},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.48076483607292175},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.47530874609947205},{"id":"https://openalex.org/C178297102","wikidata":"https://www.wikidata.org/wiki/Q5978114","display_name":"Private equity fund","level":3,"score":0.4695720374584198},{"id":"https://openalex.org/C166052673","wikidata":"https://www.wikidata.org/wiki/Q83021","display_name":"Empirical evidence","level":2,"score":0.4620499014854431},{"id":"https://openalex.org/C189188589","wikidata":"https://www.wikidata.org/wiki/Q14864997","display_name":"Investment management","level":3,"score":0.4344671666622162},{"id":"https://openalex.org/C90561083","wikidata":"https://www.wikidata.org/wiki/Q6015055","display_name":"Income fund","level":5,"score":0.43426400423049927},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.3994574546813965},{"id":"https://openalex.org/C183582576","wikidata":"https://www.wikidata.org/wiki/Q184783","display_name":"Market liquidity","level":2,"score":0.33794504404067993},{"id":"https://openalex.org/C34375142","wikidata":"https://www.wikidata.org/wiki/Q1156684","display_name":"Fund of funds","level":3,"score":0.29788047075271606},{"id":"https://openalex.org/C55286048","wikidata":"https://www.wikidata.org/wiki/Q5508875","display_name":"Fund administration","level":4,"score":0.13723322749137878},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.08731552958488464},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0},{"id":"https://openalex.org/C12559387","wikidata":"https://www.wikidata.org/wiki/Q185142","display_name":"Initial public offering","level":2,"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/C111472728","wikidata":"https://www.wikidata.org/wiki/Q9471","display_name":"Epistemology","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1016/j.rfe.2016.06.002","doi":"https://doi.org/10.1016/j.rfe.2016.06.002","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.rfe.2016.06.002","pdf_url":null,"source":{"id":"https://openalex.org/S105710273","display_name":"Review of Financial Economics","issn_l":"1058-3300","issn":["1058-3300","1873-5924"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-scientific","cwts-core","fnege-4","jufo-1","norway-1","poland-70","russia-white-list-3"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Review of Financial Economics","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:eee:revfin:v:31:y:2016:i:c:p:75-82","doi":null,"is_oa":false,"landing_page_url":"http://www.sciencedirect.com/science/article/pii/S1058330015300537","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":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":52,"referenced_works":["https://openalex.org/W1507837119","https://openalex.org/W1585896267","https://openalex.org/W1867152431","https://openalex.org/W1967429629","https://openalex.org/W1971964375","https://openalex.org/W1972349542","https://openalex.org/W1979436160","https://openalex.org/W1981282589","https://openalex.org/W1988756976","https://openalex.org/W1991675125","https://openalex.org/W1992897607","https://openalex.org/W1993699639","https://openalex.org/W1995834279","https://openalex.org/W1998041852","https://openalex.org/W2012301648","https://openalex.org/W2016334400","https://openalex.org/W2025313001","https://openalex.org/W2028203519","https://openalex.org/W2035554302","https://openalex.org/W2047554309","https://openalex.org/W2050754794","https://openalex.org/W2055337889","https://openalex.org/W2058463688","https://openalex.org/W2061436099","https://openalex.org/W2065686060","https://openalex.org/W2070225810","https://openalex.org/W2076452041","https://openalex.org/W2080225935","https://openalex.org/W2095863769","https://openalex.org/W2096720942","https://openalex.org/W2101597283","https://openalex.org/W2110281247","https://openalex.org/W2126806822","https://openalex.org/W2136120210","https://openalex.org/W2139716534","https://openalex.org/W2144357229","https://openalex.org/W2169786125","https://openalex.org/W2170023892","https://openalex.org/W2170624625","https://openalex.org/W2174588432","https://openalex.org/W2280530954","https://openalex.org/W2299195693","https://openalex.org/W2889818675","https://openalex.org/W3121317163","https://openalex.org/W3121403162","https://openalex.org/W3121412182","https://openalex.org/W3121645581","https://openalex.org/W3122123991","https://openalex.org/W3122935760","https://openalex.org/W3123166123","https://openalex.org/W3123700708","https://openalex.org/W3123889045"],"related_works":["https://openalex.org/W2490696468","https://openalex.org/W4386742630","https://openalex.org/W4387216342","https://openalex.org/W2181551784","https://openalex.org/W3081722665","https://openalex.org/W2789749294","https://openalex.org/W3122780580","https://openalex.org/W2792599256","https://openalex.org/W2358086834","https://openalex.org/W2237494576"],"abstract_inverted_index":{"Abstract":[0],"This":[1],"research":[2],"examines":[3],"the":[4,10,36,59,120,124],"presence":[5],"of":[6,12,31,127],"performance":[7,100],"persistence":[8],"and":[9,34,47,72,111],"impact":[11,54,87],"fund\u2010specific":[13],"characteristics":[14,63],"on":[15,27,55,78,88,139],"Islamic":[16,95,128],"equity":[17,96,129],"fund":[18,43,79,82,130],"(IEF)":[19],"performance.":[20,57,90],"We":[21],"conduct":[22],"an":[23,28,140],"empirical":[24,117],"study":[25,92,118],"based":[26,138],"extensive":[29],"Database":[30],"301":[32],"IEFs":[33],"for":[35,108],"period":[37],"1999\u20132013.":[38],"Our":[39,91],"results":[40],"reveal":[41],"that":[42,94,136],"age,":[44],"family":[45],"size":[46,83,143],"management":[48],"fees":[49,74],"have":[50,75],"a":[51],"significant":[52,86],"positive":[53],"IEF":[56,89],"On":[58],"other":[60,62],"hand,":[61],"such":[64],"as":[65],"flows,":[66],"minimum":[67],"investment":[68],"size,":[69],"higher":[70],"liquidity,":[71],"load":[73],"negative":[76,99],"effect":[77],"performance,":[80,131],"whereas":[81],"has":[84],"no":[85],"reveals":[93],"funds":[97],"exhibit":[98],"persistence.":[101],"The":[102],"paper":[103],"provides":[104],"relevant":[105],"practical":[106],"implications":[107],"managers,":[109],"analysts":[110],"investors.":[112],"To":[113],"our":[114],"knowledge,":[115],"this":[116],"is":[119,137],"first":[121],"to":[122],"investigate":[123],"intrinsic":[125],"determinants":[126],"with":[132,144],"sufficient":[133],"statistical":[134],"power":[135],"effective":[141],"sample":[142],"international":[145],"diversity.":[146]},"counts_by_year":[{"year":2024,"cited_by_count":1},{"year":2023,"cited_by_count":1},{"year":2022,"cited_by_count":2},{"year":2021,"cited_by_count":4},{"year":2020,"cited_by_count":6},{"year":2019,"cited_by_count":1},{"year":2018,"cited_by_count":2}],"updated_date":"2026-10-14T16:39:01.820549","created_date":"2016-06-24T00:00:00"}
