The purpose of this research paper is to examine social Islamic mutual funds’ financial performance. Since Islamic mutual funds have only been around for the past two decades, most of the research on this topic is fairly new. In this study we apply the single factor model of Schwert and Seguin...

It is generally recognized that international portfolio diversification may generate substantial reduction in systematic risk. Previous studies assume stability of the systematic risk measure, beta, and hence assume the permanence of risk reduction generated from international diversification....

This study investigates the components of the mobile telephone demand in several countries in the Middle East and North Africa (MENA) between 1995 and 2007. We find that the magnitude of demand elasticities do not entice collusive behavior between service providers because the effect of price...

This paper investigates the mean reversion patterns in MENA stock markets. Following Fama and French (1988) and Lo and Mackinlay (1988) and using recent stock market data between 1995 and 2000 on Egypt, Jordan, Morocco, and Turkey we find evidence of mean reversion in Turkey with mixed results...