The impact of subprime mortgage crisis on Islamic banking and islamic stock market

This paper examines the impacts of Subprime Mortgage Crisis on Islamic banking and Islamic stock market in Malaysia. Monthly data of Islamic banks’ financing, Islamic banks’ deposit and Islamic stock market indices covering the period of 2000 to 2011 are used in this study. Time series econometri...

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Bibliographic Details
Main Author: Wong, Siew Lee
Format: Final Year Project Report / IMRAD
Language:English
Published: Universiti Malaysia Sarawak, (UNIMAS) 2012
Subjects:
Online Access:http://ir.unimas.my/id/eprint/4613/
http://ir.unimas.my/id/eprint/4613/11/THE%20IMPACT%20OF%20SUBPRIME%20MORTGAGE%20%28full%29.pdf
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Summary:This paper examines the impacts of Subprime Mortgage Crisis on Islamic banking and Islamic stock market in Malaysia. Monthly data of Islamic banks’ financing, Islamic banks’ deposit and Islamic stock market indices covering the period of 2000 to 2011 are used in this study. Time series econometric methods, such as Johansen and Juselius (JJ) Cointegration Test, Granger Causality Test and Impulse Response Functions (IRFs) are applied to examine the relationship.