The Impact of exchange rate fluctuations on the performance of the emerging islamic stock indices for the period (2010-2019)

dc.contributor.authorBenayad M, Samir
dc.contributor.authorRedif, Mostapha
dc.contributor.authorBesseba, Abdelkadir
dc.date.accessioned2023-09-18T05:38:41Z
dc.date.available2023-09-18T05:38:41Z
dc.date.issued2019
dc.description.abstractThe aim of this article is to define whether the exchange rate volatilities affect the Islamic stock returns focusing on the emerging markets, by using a GARCH model via daily data of five countries. The results show that the return of Islamic stock indices has a negative and significant relation with exchange rate risk exposure in all cases, which can be explained by the decrease of the local currency, can result to losses in the Islamic stock market, therefore decline in returns.ar
dc.identifier.issn2352-9962
dc.identifier.issn2572-0147
dc.identifier.urihttp://hdl.handle.net/123456789/16003
dc.language.isoenar
dc.publisherUniversity of Oum El Bouaghiar
dc.subjectFluctuationsar
dc.subjectExchangear
dc.subjectIndicesar
dc.subjectIslamicar
dc.subjectReturnsar
dc.titleThe Impact of exchange rate fluctuations on the performance of the emerging islamic stock indices for the period (2010-2019)ar
dc.typeArticlear
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