Assessment of Islamic

mutual fund
Ethical investment includes those
investments that are made in
harmony with personal values and
principles
ethical investment sometimes called
socially responsible investing.
The funds reached a size of over $2
trillion in the US in the past few years

 it is Suggest that ethical investments seem to

be riskier but indicate that they should not lead
to inferior returns
Another major observation is the strong
performance of Islamic mutual funds compared
to both benchmarks during the recession
period.
One possible explanation of this pattern is that
these funds performance is improving with
time, as fund managers are gaining more
experience and a better sense of the market.

Marketing and distribution of Islamic

mutual fund
It is needed because, Some fund managers
acknowledge the fact that Islamic funds have
been facing severe marketing problems.
Accordingly, an aggressive media campaign
needs to be undertaken in explaining the
Islamic
opportunities
available in the world of investment.
Islamic institutions should do a better job at
promoting, to both Muslims and nonMuslims,

 Islamic mutual fund should also do a

better job at training their employees
on Islamic instruments and
developing their skills in dealing with
enquiring customers who are
attracted to Islamic investment
alternatives.
Finally, there is the role of the sharia
boards in boosting confidence and
trust in Islamic investment funds

Summary and conclusion

This study has examined Islamic mutual funds
and the fundamentals of investing in such
venues. In doing so, it has explored the dynamics
of Islamic mutual funds, their governance and
control, and marketing and distribution.
Another interesting finding is observed when
studying the performance of the funds over two
successive periods within the overall study
period. The first witnessed a booming equity
market, while the second was a declining
market

 Distribution is also important. The fund must be

easily accessed through multiple distribution
channels. These channels include automated
telephone systems, communication with a
broker, or the Internet.
the reputation of the Shari's Advisory Board
must also be considered
the sharia members must be well respected
members of the community. In many ways the
success of the fund rests on the Boards
reputation.