What's in it for Me? : A Primeron Differences between Islamic and Conventional Finance in Malaysia /

What attracts conventional investors to Islamic financial instruments? We answer this question by comparing Malaysian Islamic and conventional security prices and their response to macrofinancial factors. Our analysis suggests that Islamic and conventional bond and equity prices are driven by common...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Krasicka, Olga
مؤلفون آخرون: Nowak, Sylwia
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2012.
سلاسل:IMF Working Papers; Working Paper ; No. 2012/151
الوصول للمادة أونلاين:Full text available on IMF
الوصف
الملخص:What attracts conventional investors to Islamic financial instruments? We answer this question by comparing Malaysian Islamic and conventional security prices and their response to macrofinancial factors. Our analysis suggests that Islamic and conventional bond and equity prices are driven by common factors. Likewise, especially in recent years, Islamic banks have responded to economic and financial shocks in the same way as conventional banks, suggesting that the gap between Islamic and conventional financial practices is shrinking.
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<strong>On-Campus Access:</strong> No User ID or Password Required
وصف مادي:1 online resource (22 pages)
التنسيق:Mode of access: Internet
تدمد:1018-5941
وصول:Electronic access restricted to authorized BRAC University faculty, staff and students