A Comparative analysis between shariah-compliant & non-Shariah compliant stocks / Nurul Syakirah Rifin ... [et al.]

The study reported by this paper investigated the behaviour of stock returns among Shariah-compliant firms and non-Shariah compliant firms of service industry in Malaysia. The data of 50 firms listed in Bursa Malaysia were obtained from 2008 to 2012. It focused on the relationship between the stock...

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Bibliographic Details
Main Authors: Rifin, Nurul Syakirah (Author), Hassan, Salwana (Author), Abu Bakar, Nordin (Author), Sahudin, Zahariah (Author)
Format: Book
Published: Universiti Teknologi Mara Selangor, 2019-09.
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042 |a dc 
100 1 0 |a Rifin, Nurul Syakirah  |e author 
700 1 0 |a Hassan, Salwana  |e author 
700 1 0 |a Abu Bakar, Nordin  |e author 
700 1 0 |a Sahudin, Zahariah  |e author 
245 0 0 |a A Comparative analysis between shariah-compliant & non-Shariah compliant stocks / Nurul Syakirah Rifin ... [et al.] 
260 |b Universiti Teknologi Mara Selangor,   |c 2019-09. 
500 |a https://ir.uitm.edu.my/id/eprint/32304/1/AJ_NURUL%20SYAKIRAH%20RIFIN%20JEEIR%20B%2019.pdf 
520 |a The study reported by this paper investigated the behaviour of stock returns among Shariah-compliant firms and non-Shariah compliant firms of service industry in Malaysia. The data of 50 firms listed in Bursa Malaysia were obtained from 2008 to 2012. It focused on the relationship between the stock returns and the financial ratios (firm size, market to book ratio, price-earnings ratio and total debt) as the microeconomic variables. While the gross domestic product (GDP), interest rate and inflation rate as the macroeconomic variables toward the stock return. Using regression analysis applying OLS technique, the results showed a significant similarity between Shariah-compliant firms and their counterparts. For Shariah-compliant firms, it is found that firm size and total debt is the most significant variables explaining returns, on the other hand, for non-Shariah compliant firms, price-earnings ratio, interest rate and inflation rate are the most significant variables influencing returns. 
546 |a en 
690 |a Investment, capital formation, speculation 
690 |a Stock exchanges. Insider trading in securities 
655 7 |a Article  |2 local 
655 7 |a PeerReviewed  |2 local 
787 0 |n https://ir.uitm.edu.my/id/eprint/32304/ 
856 4 1 |u https://ir.uitm.edu.my/id/eprint/32304/  |z Link Metadata