Diversification benefits in energy, metal and agricultural commodities for Islamic investors: evidence from multivariate GARCH approach

The purpose of this paper is to analyze the portfolio diversification opportunities offered by certain commodities to Islamic equity investors by investigating the volatility and correlations of Islamic equity index returns and those commodities. This paper attempts to add value to the existing lite...

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Bibliographic Details
Main Authors: Buerhan Saiti, Abdulnasir Dahiru, Ibrahim Guran Yumusak
Format: Article
Published: AIMS Press 2018-09-01
Series:Quantitative Finance and Economics
Online Access:http://www.aimspress.com/article/10.3934/QFE.2018.3.733/fulltext.html