Assessing the Awareness of Islamic Law on Equity Investment in State of Assam, India

Abstract

The objective of the study is to ascertain the awareness level of the Shariah and equity investment decisions among the Muslims population in the selected districts of Assam, India. The study is based on primary data collected from the government and semi-government sector which are classified as educated Muslim employees working in Assam, India. This study found that the awareness levels on the Shariah and equity investment of the educated Muslim employees are low. However, the pretention of awareness on the Shariah requirements with regards to equity investment is moderate. The study is conducted based on the response from Muslim employees in the four districts of Assam, India. Since the level of awareness on equity investment as well as the Shariah is at low level, there is a need for adequate awareness campaign highlighting the salient features of Islamic law regarding the equity investment in particular and about the equity investment in general.

Cite this work

No public copy is stored for this record, so only the metadata is cited.

Stored only when both papers are in the corpus — 14 citations exist upstream.

Papers that cite the same references — the relational fallback while embeddings are still backfilling.