Behaviour of Islamic stock market in a prolonged down global market: empirical evidence from Malaysia

• Main Authors: Mustafa, Siti Aisyah, Ramlee, Roslily, Kassim, Salina
• Format: Article
• Language: English
• Published: IIUM Institute of Islamic Banking and Finance 2015
• Subjects: H Social Sciences (General); HG Finance
• Online Access: http://irep.iium.edu.my/46100/1/Aisyah_JIF_2015.pdf; http://irep.iium.edu.my/46100/; http://www.iium.edu.my/iiibf/research-publication/journal

By focusing on Malaysian data, this study investigates the response of the Islamic stock market to changes in major macroeconomic variables such as industrial output, money supply, unemployment rate, exchange rate and foreign interest rate. It focuses on the period from January 2010 to December 20...