Emerging market portfolios and Islamic financial markets: Diversification benefits and safe havens

We examine the relationship between Islamic and conventional stock market returns to see if Islamic financial markets provide portfolio diversification benefits and safe havens during turbulent times. Using daily data from January 1996 through September 2020 we consider conventional emerging stock m...

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Bibliographic Details
Main Authors: Mehmet Fatih Bugan, Emrah Ismail Cevik, Sel Dibooglu
Format: Article
Language:English
Published: Elsevier 2022-01-01
Series:Borsa Istanbul Review
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2214845021000077