explore its volatility with their conterparts the Thomson Reuters BPAM government bond index. We found that the TR BPMA … Government Sukuk and its conventional counterpart, and we compared their volatility using the GARCH model. The results show that … the volatility is more persistent for the government Sukuk to its conventional counterpart. But, the Government Sukuk …

releases with larger differences in wording lead to higher volatility in financial markets, suggesting that their content is … volatility, once their wording is updated, volatility increases substantially. …