Integration between the conventional and Islamic stock indices with the US stock market: evidence from cointegration analysis

Background:A low correlation between returns of cross-border stock market indices allows investors to minimize portfolio risk through international diversification. Due to high comovement among conventional stock indices, international investors are looking for different cross-border or asset cla...

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Bibliographic Details
Main Author: Saiti, Buerhan
Format: Article
Language:English
Published: INSI Publications 2014
Subjects:
Online Access:http://irep.iium.edu.my/44499/
http://irep.iium.edu.my/44499/
http://irep.iium.edu.my/44499/1/18-30.pdf