Impact of inclusion into and exclusion from the Shariah index on a stock price and Trading Volume: Event study approach

Does the inclusion or exclusion from the Shariah index have any effect on the performance of a stock? This study aims to examine the impact of stock inclusion (or exclusion) on the stock prices and trading volume of the firms. Based on the case of selected stocks in Bursa Malaysia, our sample consis...

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Bibliographic Details
Main Authors: Kassim, Nawal Seif, Ramlee, Roslily, Kassim, Salina
Format: Article
Language:English
Published: Econjournals 2017
Subjects:
Online Access:http://irep.iium.edu.my/60123/
http://irep.iium.edu.my/60123/
http://irep.iium.edu.my/60123/1/007%20Nawal%20IJEFI.pdf