Keywords: C60
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Journal Articles
Journal of Islamic Accounting and Business Research (2020) 11 (1): 90–109.
Published: 20 January 2020
... variance analysis Islamic CAPM C58 C60 G12 The foundation for modern investment theories was laid by Markowitz (1952) , who showed that a portfolio is mean variance efficient[ 1 ] if it has the highest expected (mean) return R ¯ P for a given variance (risk) σ...

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