Naveed, Farrukh; Khawaja, Idrees; Maroof, Lubna - In: ISRA international journal of islamic finance 12 (2020) 1, pp. 69-87
Purpose This study aims to comparatively analyze the systematic, idiosyncratic and downside risk exposure of both … Islamic and conventional funds in Pakistan to see which of the funds has higher risk exposure. Design/methodology/approach The … using different risk measures. For systematic and idiosyncratic risk single factor CAPM and multifactor models such as Fama …