Kariastanto, Bayu; Ihsanin, Aulia - Volkswirtschaftliche Fakultät, … - 2012
exist AND investors believe that Islamic securities do comply with sharia. One important regulator role in developing … Islamic capital market is to ensure sharia compliance of Islamic securities and to convince investors regarding this … model for the robustness test. We find that market reacts to sharia compliance declaration by regulator in the long …