A Market Efficiency Comparison of Islamic and Non-Islamic Stock Indices

This article examines the martingale difference hypothesis (MDH) and the random walk hypothesis (RWH) for nine conventional and nine Islamic stock indices: Asia-Pacific, Canadian, Developed Country, Emerging, European, Global, Japanese, UK, and United States. It investigates whether Islamic stock in...

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Bibliographic Details
Main Author: Al-Khazali, Osamah (author)
Other Authors: Leduc, Guillaume (author), Alsayed, Mohammad Saleh (author)
Format: article
Published: 2015
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Online Access:http://hdl.handle.net/11073/16665
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