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Keywords: Sharīʿah-compliant company
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Journal Articles
Journal:
Management Research Review
Management Research Review (2020) 43 (9): 1081–1096.
Published: 12 March 2020
... that for the Sharīʿah-compliant companies, identified as those that apply Islamic principles, the lower level of leverage that it is typical of these type of firms implies a higher cost of capital [cost of equity and weighted average cost of capital (WACC)] than non-Sharīʿah ones. Secondly...
