... stocks Stock market efficiency Indonesia Malaysia Pakistan G12 G14 G15 FCT (Fundação para a Ciência e Tecnologia, I.P. UIDB/04105/2020 Capital markets play an important role in modern economies. By facilitating the raising and allocation of capital by public companies...

... econophysics Physics of Islamic finance G12 G15 G17 The oscillating movement of a particle above a liquid surface is termed as Brownian movement (Wang and Uhlenbeck, 1945). Robert Brown in the year 1827 observed it for the first time in his botany experiments (Wang and Uhlenbeck, 1945 ; Kumar...

... statistics show that on average sukuk have higher BAS and HLS values than conventional bonds for the full sample and both subsamples, suggesting that sukuk are on average less liquid than conventional bonds. Liquidity Bid-ask spread Sukuk Islamic debt Conventional bond Propensity score G12...

... Asset pricing channel Exchange rate channel JEL Code E44 C32 E52 G3 G12 G38 However, none of the above-reviewed studies have investigated the role of Sukuk in the monetary policy transmission mechanism to promote economic growth through both asset price and exchange rate...

... Emerald Publishing Limited Licensed re-use rights only Premium Pricing efficiency Islamic ETF Exchange-traded funds (ETFs) Saudi Arabia stock Sharia-compliant ETF GCC stock G10 G12 G14 The opportunities for ETFs in GCC stock markets are also accompanied by challenges (Al...

... 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...

... 02 03 2016 21 07 2016 21 12 2016 24 06 2017 17 08 2017 © Emerald Publishing Limited 2019 Emerald Publishing Limited Licensed re-use rights only Ramadan effect Calendar anomaly Nifty Shariah index Return seasonality G10 G12 C22 Religion...