Bugshan, Abdullah Salem; Bakry, Walid; Li, Yongqing - 2021
Purpose–This study examines the impact of oil price volatility on firm profitability. As Shariah-compliant firms … listed on Gulf Cooperation Council stock exchanges from 2005 to 2019. In evaluating the oil price volatility–profitability … volatility significantly depresses firm profitability. In addition, Shariah-compliant firms are more significantly affected by …