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Keywords: Ramadan effect
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Journal Articles
Ramadan effect and indices movement estimation: a case study from eight Arab countries
Available to Purchase
Journal:
Journal of Islamic Marketing
Journal of Islamic Marketing (2023) 14 (8): 1989–2008.
Published: 15 June 2022
...Dania Al-Najjar; Hamzeh F. Assous; Hazem Al-Najjar; Nadia Al-Rousan Purpose This study aims to investigate the Ramadan effect anomaly on the stock markets’ indices and estimate the movement of these indices in the light of the phenomenon. Design/methodology/approach Stock market indices...
Journal Articles
Month of Ramadan effect swings and market becomes adaptive: A firm level evidence through Islamic calendar
Available to Purchase
Journal:
Journal of Islamic Marketing
Journal of Islamic Marketing (2020) 11 (3): 661–685.
Published: 27 May 2019
...Muhammad Naeem Shahid; Abdul Sattar; Faisal Aftab; Ali Saeed; Aamir Abbas Purpose This paper aims to enhance the existing literature on adaptive market hypothesis (AMH) as this study first time links the month of Ramadan with AMH that permits the performance of well-known Ramadan effect...
