Research Communication | Open Access
Volume 2019 | Communication ID 297
Volume 2019 | Communication ID 297
| A Comparison between Sukuk and Bonds on the Financial Market of Malaysia |
Maria Acim, Khadija Akdim, Mehdi Zahid
Received |
Accepted |
Published |
Feb 14, 2019 |
Feb 26, 2019 |
Mar 01, 2019 |
Abstract: Abstract In this paper we study Sukuk (Islamic bonds) on the Islamic financial market of Malaysia, since they present favorable conditions for investment which are compliant with Shariah principles, especially present an attractive environment for both government and Islamic financial institutions. We use government indexes of several maturities while comparing them with their counterparts (conventional bonds) in each maturity, over the periods from 2007 to 2017, while basing on the rate of return, causal links (we performed the Granger causality tests that allow us to establish the causal ...