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s can't be evaluated. Next to the lack of sufficient data another caveat of IEFs is that they are not transparent enough (Hakim and Rashidian 2002, Ahmad 2001). Until the Dow Jones and FTSE launched their Islamic indices, there were for example not even any proper benchmarks to evaluate IEF performan
ormance measures discussed possess. It is also less easy to understand than for example the SR and difficult to interpret when negative. Furthermore Goodwin (1998) states that the IR is quite sensitive to the benchmark chosen to evaluate a certain portfolio against, meaning that it can give different re
(07/30, Goldbaum, Rehman), Washington Post (07/30, Noack, Hussain, Khan), CBS News (07/30, Broadcast), CNN (07/30, Saifi, Goodwin), Reuters (07/30, Ahmad, Mehsud), BBC News (07/30, Davies, Durbin), The Guardian (07/30, Janjua), New York Post (07/30, Reyes), The Hill (07/30, Oshin), Independent (07/30,
on by the New York Times (07/30, Goldbaum, Rehman), Washington Post (07/30, Noack, Hussain, Khan), CBS News (07/30, Broadcast), CNN (07/30, Saifi, Goodwin), Reuters (07/30, Ahmad, Mehsud), BBC News (07/30, Davies, Durbin), The Guardian (07/30, Janjua), New York Post (07/30, Reyes), The Hill (07/30, Osh
(07/30, Goldbaum, Rehman), Washington Post (07/30, Noack, Hussain, Khan), CBS News (07/30, Broadcast), CNN (07/30, Saifi, Goodwin), Reuters (07/30, Ahmad, Mehsud), BBC News (07/30, Davies, Durbin), The Guardian (07/30, Janjua), New York Post (07/30, Reyes), The Hill (07/30, Oshin), Independent (07/30,
d on by the New York Times (07/30, Goldbaum, Rehman), Washington Post (07/30, Noack, Hussain, Khan), CBS News (07/30, Broadcast), CNN (07/30, Saifi, Goodwin), Reuters (07/30, Ahmad, Mehsud), BBC News (07/30, Davies, Durbin), The Guardian (07/30, Janjua), New York Post (07/30, Reyes), The Hill (07/30, Os
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