Nishat, Mohammed - In: The Pakistan development review : PDR 41 (2002) 4: Papers and proceedings, pp. 583-608
The performance of equity-based Islamic and non-Islamic stocks in Pakistan is investigated between July 1988 and December 1994. Weekly stock price behaviour is compared for the two types of stocks during sub-periods of reforms, July 1988 to June 1991 and July 1991 to December 1994. The risk...
