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Impact of Real Sector Variables on Shari’a Compliant Stock Returns

Hanif, Muhammad, Shah, Zulfiqar, Iqbal, Abdullah (2015) Impact of Real Sector Variables on Shari’a Compliant Stock Returns. Pakistan Journal of Commerce and Social Sciences, 9 (1). pp. 1-17. ISSN 1997-8553. (KAR id:55807)

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Shari’a compliant stocks are a recent development under Islamic finance, whereby stocks

and document the important Real Sector macroeconomic factors contributing in

includes all 97 non-financial companies screened by Al-Meezan Investment Management

in addition to market index in our study for ten years period (2001-10). Results identified

analysis, the single important variable in pricing of Shari’a compliant securities is market

captures the risk of macroeconomic variables.

Item Type: Article
Uncontrolled keywords: shari’a compliant securities, macroeconomic variables, APT, KSE, Pakistan.
Subjects: H Social Sciences
H Social Sciences > HG Finance
Divisions: Divisions > Kent Business School - Division > Kent Business School (do not use)
Depositing User: Abdullah Iqbal
Date Deposited: 06 Jun 2016 01:06 UTC
Last Modified: 16 Feb 2021 13:35 UTC
Resource URI: (The current URI for this page, for reference purposes)
Iqbal, Abdullah:
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