restriction principle inherent in waqf (Islamic endowment). Specifically, it attempts to consolidate the axioms in both … conventional and Islamic finance, such as the risk-return trade-off and al-ghunm bi al-ghurm (liability accompanies gain), with the … research methodology; past literature encompassing journal articles, books, relevant financial axioms, fatwas (Islamic rulings …

We examine the relationship between Islamic and conventional stock market returns to see if Islamic financial markets … September 2020 we consider conventional emerging stock market returns and some Islamic stock market returns and examine their …. Causality-in-variance test results show causality between Islamic stock returns and all emerging stock returns which indicates …