Shariah issue of warrant contract: empirical evidence from warrant mispricing in Malaysia market
The objective of this paper is to analyze the “gharar” issue of warrant by presenting the empirical evidence of warrant mispricing in Malaysia's market (moneyness and mispricing) and its determinant. The Black Scholes Option Pricing Model (BSOPM) will be used to detect mispricing in a warrant&#...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Faculty of Islamic Economics and Business, State Islamic University Sunan Kalijaga Yogyakarta
2013
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/32297/ http://irep.iium.edu.my/32297/ http://irep.iium.edu.my/32297/1/GRIEB11050068.pdf |