Risk and Return under Shari’a Framework: An Attempt to Develop Shari’a Compliant Asset Pricing Model (SCAPM)
A speedy emerging area of finance is the Shari’a compliant financial system. In first decade of 21st century Islamic financing has shown tremendous increase and global volume has reached to US $ 1,041 billion by the end of 2009. Being financial intermediaries Islamic Financial Institutions (IFIs) h...
Main Author: | |
---|---|
Format: | Article |
Language: | English |
Published: |
Johar Education Society
2011-12-01
|
Series: | Pakistan Journal of Commerce and Social Sciences |
Subjects: | |
Online Access: | http://www.jespk.net/publications/61.pdf |