Publication:
Does Islamic investment help the Chinese investors? evidence from China based MGARCH-DCC approach

dc.contributor.affiliation#PLACEHOLDER_PARENT_METADATA_VALUE#en_US
dc.contributor.authorMa, Muxingen_US
dc.date.accessioned2024-10-08T05:18:43Z
dc.date.available2024-10-08T05:18:43Z
dc.date.issued2018
dc.description.abstractThis study investigates the extent to which Chinese equity investors can benefit from diversifying their portfolio into Shariah-compliant (Islamic) indices in China. It examines three Chinese Islamic stock indices and ten sectorial indices as a sample. The multivariate GARCH-dynamic conditional correlation is deployed to estimate the time-varying linkages of returns of the selected indices, covering approximately eight years daily data starting from 28 August 2009 to 29 September 2017. The results indicate that Chinese conventional equity investors would benefit from Islamic stock indices, especially when they include DJ Islamic Greater China in their portfolio. Conventional investors who invest predominantly in the conventional sectors of health care, consumer staples and information technology are set to benefit most from diversifying their portfolios in Islamic stock indices because of the weak correlations of returns. Generally, this research’s empirical findings provide useful insights for Chinese policymakers into formulating new economic stabilization policies to further promote the development of Shariah-compliant capital market in China, and then promote the development of Chinese economy.en_US
dc.description.callnumbert BPH 285.7 C6 M36 2017en_US
dc.description.degreelevelMasteren_US
dc.description.identifierThesis : Does Islamic investment help the Chinese investors? evidence from China based MGARCH-DCC approach /by Ma Muxingen_US
dc.description.identityt11100407815MaMuxingen_US
dc.description.kulliyahIIUM Institute of Islamic Banking and Financeen_US
dc.description.notesThesis (MIBF)--International Islamic University Malaysia, 2018.en_US
dc.description.physicaldescriptionxii, 90 leaves :colour illustrations ;30cm.en_US
dc.description.programmeMaster of Science (Islamic Banking and Finance).en_US
dc.identifier.urihttps://studentrepo.iium.edu.my/handle/123456789/8264
dc.identifier.urlhttps://lib.iium.edu.my/mom/services/mom/document/getFile/iuy281t3JDOeYwPS6Y7thEJiCie361sn20190924102942943
dc.language.isoenen_US
dc.publisherKuala Lumpur :International Islamic University Malaysia,2018en_US
dc.rightsCopyright International Islamic University Malaysia
dc.subject.lcshInvestments, Islamicen_US
dc.subject.lcshInvestments, Chinaen_US
dc.titleDoes Islamic investment help the Chinese investors? evidence from China based MGARCH-DCC approachen_US
dc.typeMaster Thesisen_US
dspace.entity.typePublication

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