Can gold be used as a hedge against the risks of Sharia-compliant securities? Application for Islamic portfolio management
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DOI: 10.1057/s41260-018-0090-y
Abstract: In this paper, we investigate whether gold hedges Sharia-compliant stocks and Sukuk during the period from September 2005 to October 2017. The inference is taken by using both the DCC-GARCH model and the wavelet coherence… read more here.
Keywords: portfolio; sharia compliant; management; compliant securities ... See more keywords