Is there a diversification “cost” of Shari’ah compliance? empirical evidence from Malaysian equities
Islamic equity portfolios work with a smaller investment universe given the filtering of non- Shari’ah compliant stocks. It has been theoretically argued that this culminates in suboptimal portfolio diversification, which in turn adversely affects risk-adjusted returns. We offer empirical evidence t...
Saved in:
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Elsevier B.V. All rights reserved.
2021
|
| Subjects: | |
| Online Access: | http://irep.iium.edu.my/88958/7/88958_Is%20there%20a%20diversification http://irep.iium.edu.my/88958/ http://”www.elsevier.com/locate/ecosys |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|