Syariah Index and Portfolia Index: Evidence from Cointegration

• Main Authors: Tajul Ariffin Masron, Anuar Abd Wahab
• Format: Article
• Language: English
• Published: Universiti Sains Islam Malaysia 2012
• Subjects: Syariah index; Portfolio index; Cointegration
• Online Access: http://ddms.usim.edu.my/handle/123456789/5345

The main objective of this study is to identify the nature of the relationship between the Syariah index and portfolio investment. Using the cointegration procedure, a long run steady state relationship between the Syariah index and portfolio invstment is established. We found a unilateral Granger c...