Do sin stocks deprive Islamic stock portfolios of diversification? some insights from the use of MGARCH-DCC

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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...

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Bibliographic Details
Main Authors:	Mustaffa Kamil, Nazrol Kamil, Bacha, Obiyathulla Ismath, Masih, Mansur
Format:	Proceeding Paper
Language:	English
Published:	2012
Subjects:	HG3368 Islamic Banking and Finance HG4501 Stocks, investment, speculation
Online Access:	http://irep.iium.edu.my/67447/ http://irep.iium.edu.my/67447/1/MFA%20Conference%202012%20-%20Kamil%2C%20Bacha%20and%20Masih.pdf

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