Islamic Stock Market Volatility: Is it a Problem for Investors?

Susilo Nur Aji Cokro Darsono

ISBN 10: 3659833568 / ISBN 13: 9783659833564

Published by LAP LAMBERT Academic Publishing, 2016

About this Item

88 pages. 8.66x5.91x0.20 inches. In Stock.

Seller Inventory # 3659833568

Bibliographic Details

• Title: Islamic Stock Market Volatility: Is it a Problem for Investors?
• Publisher: LAP LAMBERT Academic Publishing
• Publication Date: 2016
• Language: English
• ISBN 10: 3659833568
• ISBN 13: 9783659833564
• Binding: Paperback
• Condition: Brand New
• Weight: 0.18 kilograms

About this title

Synopsis

This book examines the relationship among Global Islamic Index, Regional Islamic Index, Macroeconomics Variables and Indonesia Islamic Index. The global islamic index is Dow Jones Islamic Market Index. The Regional Islamic Index is FTSE Bursa Malaysia Hijrah Shariah Index. The macroeconomics variables such as exchange rate, consumer price index, money supply and Bank Indonesia interest rate. The Indonesia Islamic Index is Jakarta Islamic Index. A cointegration test is used to find the long-run relationship among these variables, furthemore Vector Error Correction Model (VECM) were used to find any short-run relationship among these variables.

About the Author

Susilo Nur Aji Cokro Darsono earned a Bachelor Degree in Islamic Finance at the University Muhammadiyah Yogyakarta, Indonesia in 2015. He is now completing his Master Degree at Khon Kaen University in Thailand.