DO ISLAMIC CRYPTOCURRENCIES PROVIDE DIVERSIFICATION OPPORTUNITIES TO INDONESIAN ISLAMIC INVESTORS?

This study examines whether Islamic gold-backed cryptocurrencies (Onegram and X8X) provide any diversification benefits to the Islamic investors of Indonesia. We study the co-movements between return and volatility of cryptocurrencies and Indonesian Islamic equity indices during the pre-COVID-19 and...

Full description

Bibliographic Details
Main Authors: Syed Aun R. Rizvi, Mohsin Ali
Format: Article
Language:English
Published: Bank Indonesia 2022-08-01
Series:Journal of Islamic Monetary Economics and Finance
Subjects:
Online Access:https://jimf-bi.org/index.php/JIMF/article/view/1563