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...
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 |
Similar Items
-
Economic forces and Islamic stock market: Empirical evidences from Malaysia
by: Mustafa, Siti Aisyah, et al.
Published: (2017) -
Do sin stocks deprive Islamic stock portfolios of diversification? some insights from the use of MGARCH-DCC
by: Mustaffa Kamil, Nazrol Kamil, et al.
Published: (2012) -
Do 'Sin Stocks' deprive Islamic stock portfolios of diversification? Some insights from the Use of MGARCH-DCC
by: Mustaffa Kamil, Nazrol Kamil, et al.
Published: (2012) -
Identification of macroeconomic determinants for diversification and investment strategy for Islamic unit trust funds in Malaysia
by: Othman, Anwar Hasan Abdullah, et al.
Published: (2018) -
Growth and value effect on Jakarta Islamic Index: analysis towards performance of Sharia equity mutual fund
by: Rusmita, Sylva Alif, et al.
Published: (2019)