This study aimed to predict the JKII (Jakarta Islamic Index) price as a price index of sharia stocks and predict the loss risk. This study uses geometric Brownian motion (GBM) and Value at Risk (VaR; with the Monte Carlo Simulation approach) on the daily closing price of JKII from 1 August...

This study has been conducted with a view to find out the relationship and impact of macroeconomic variables i.e. 3-Months, 6-Month and 12 Month Treasury Bill Rate (Proxy of Interest Rate), Consumer Price Index, Wholesale Price Index and Sensitive Price Index (Proxy for Inflation) with Karachi...