Do sin stocks deprive Islamic stock portfolios of diversification? some insights from the use of MGARCH-DCC
There is argument that Shari’ah compliant portfolios are at a disadvantage in terms of portfolio diversification given that the exclusion of “sin stocks” shrinks the Islamic investor’s investment universe. This paper investigates firstly, whether there is empirical evidence to substantiate such a cl...
| Main Authors: | , , |
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| Format: | Conference or Workshop Item |
| Language: | English |
| Published: |
2012
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/67447/ http://irep.iium.edu.my/67447/ http://irep.iium.edu.my/67447/1/MFA%20Conference%202012%20-%20Kamil%2C%20Bacha%20and%20Masih.pdf |