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 this 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 first, whether there is empirical evidence to substantiate suc...

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Bibliographic Details
Main Authors:	Mustaffa Kamil, Nazrol Kamil, Bacha, Obiyathulla Ismath, Mohammed Masih, Abul Mansur
Format:	Article
Language:	English
Published:	Malaysian Finance Association (MFA) 2012
Subjects:	HF5410 Marketing. Distribution of products HF5469 Markets. Fairs
Online Access:	http://irep.iium.edu.my/71744/ http://irep.iium.edu.my/71744/1/71744_Do%20Sin%20Stocks%20Deprive%20Islamic%20Stock%20Portfolios.pdf

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