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...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
AIMS Press
2018-09-01
|
| Series: | Quantitative Finance and Economics |
| Subjects: | |
| Online Access: | http://www.aimspress.com/article/10.3934/QFE.2018.3.733/fulltext.html |