Aloui, Chaker; Hammoudeh, Shawkat; Hamida, Hela Ben - In: Journal of International Financial Markets, … 34 (2015) C, pp. 69-79
We assess the co-movement between the sharia-compliant stocks and sukuk in the Gulf Cooperation Council (GCC) countries. The wavelet squared coherency approach is applied to daily data covering GCC global, corporate and financial services sukuk indexes as well as GCC sharia stocks. The empirical...