• ISSN(P) : 2708-2474
  • ISSN(E) : 2708-2482
  • ISSN(L) : 2708-2474

Article

 

Role of Framing towards Islamic Business Engagement in Asia: A Case of Pakistan

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Abstract

The aim of this study is to examine the phenomenon of framing as a cause of making wrong decisions while investing in Islamic stocks. Framing refers to the bias of people that describes the way they respond to a specific option as per its offer. After collecting primary data through interviews, including open-ended questions from the Pakistani stock market under the subjective or constructivist research paradigm, NVivo it is applied to get word cloud for appropriate analysis. The study finds that there are so many complexities and impurities that blindfold brokers and investors to differentiate between Shariah-compliant versus conventional stocks. This research can be further extended by differentiating between long-term and short-term investment horizons.

Authors

1-Muhammad Awais
Assistant Professor, Foundation University Islamabad, Pakistan.

2-Waqar Haider Hashmi
PhD Scholar, Department of Business Administration, Foundation University, Islamabad, Pakistan.

3-Adeel Mustafa
PhD Scholar, Department of Business Administration, Foundation University, Islamabad, Pakistan.

Keywords

Behavioral Finance, Islamic Business, Framing, Islamic Finance

DOI Number

10.31703/gmsr.2020(V-III).03

DOI Link

http://dx.doi.org/10.31703/gmsr.2020(V-III).03

Page Nos

23-31

Volume & Issue

V - III


Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

Published: Sep 2020

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