Hanif, Muhammad; Shah, Zulfiqar A.; Iqbal, Abdullah M. - In: Pakistan journal of commerce and social sciences 9 (2015) 1, pp. 1-17
variable in pricing, however, with the inclusion of market index in analysis, the single important variable in pricing of Shari’a … compliant securities is market Beta. Evidence favors CAPM for pricing of securities in local market as market index captures the …