title: The Stability of Islamic Finance: Creating a Resilient Financial Environment for a Secure Future (Wiley Finance)
author: Hossein Askari
description: The financial crisis that struck in 2007 crippled the global financial system and made financial stability a global priority. The crisis also exposed several vulnerabilities of the conventional financial system stemming from high leveraging, complexity of transactions and instruments, and disconnect between the real and financial sector. In this path-breaking book, the authors develop an analytical case for the inherent stability of an Islamic financial system, a system that is based on equity financing and risk sharing.
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  Sustainability 2020, 12, 3530; doi:10.3390/su12093530 
  www.mdpi.com/journal/sustainability 
  Article 
  The Investment Performance of U.S. Islamic  
  Mutual Funds 
  Francisco Climent *, Paula Mollá and Pilar Soriano 
  Departament d’Economia Financera i Actuarial, Facultat d’Economia, Universitat de València,  
  46022 València, Spain; paumolla@alumni.uv.es (P.M.), pilar.soriano-felipe@uv.es (P.S.) 
  * Correspondence: f.jose.climent@uv.es; Tel.: + 34-963828369 
  Received: 9 March 2020; Accepted: 24 April 2020; Published: 26 April 2020 
  Abstract: Islamic investment funds have become increasingly important because of high demand 
  from many investors, including those outside the Muslim investment community. This article 
  compares the performance and risk sensitivity of Islamic mutual funds in the United States with 
  that of their conventional peers. This article also analyzes the performance of Islamic funds, and 
  compares this performance with that of socially responsible investment (SRI) mutua