Integration between the conventional and Islamic stock indices with the US stock market: evidence from cointegration analysis

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Integration between the conventional and Islamic stock indices with the US stock market: evidence from cointegration analysis

Background:A low correlation between returns of cross-border stock market indices allows investors to minimize portfolio risk through international diversification. Due to high comovement among conventional stock indices, international investors are looking for different cross-border or asset cla...

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Bibliographic Details
Main Author:	Saiti, Buerhan
Format:	Article
Language:	English
Published:	INSI Publications 2014
Subjects:	HG4001 Financial management. Business finance. Corporation finance.
Online Access:	http://irep.iium.edu.my/44499/ http://irep.iium.edu.my/44499/1/18-30.pdf

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