Nasreen, Samia; Naqvi, Syed Asif Ali; Tiwari, Aviral Kumar - In: Journal of risk and financial management : JRFM 13 (2020) 4/63, pp. 1-21
Investors are interested in knowing whether sukuk bonds and shariah stock indices in the Gulf Corporation Council (GCC …) region are related. This study examines the connectedness between the sukuk- and shariah-compliant stock indices in the GCC … to 15 May 2017. The empirical findings demonstrate a strong correlation between these GCC sukuk bond indices and shariah …