DO ISLAMIC CRYPTOCURRENCIES PROVIDE DIVERSIFICATION OPPORTUNITIES TO INDONESIAN ISLAMIC INVESTORS?

This study examines whether Islamic gold-backed cryptocurrencies (Onegram and X8X) provide any diversification benefits to the Islamic investors of Indonesia. We study the co-movements between return and volatility of cryptocurrencies and Indonesian Islamic equity indices during the pre-COVID-19 and...

Full description

Bibliographic Details

Published in:	Journal of Islamic Monetary Economics and Finance
Main Authors:	Syed Aun R. Rizvi, Mohsin Ali
Format:	Article
Language:	English
Published:	Bank Indonesia 2022-08-01
Subjects:	covid-19, islamic gold-backed cryptocurrencies, indonesian islamic equity investors, wavelet, mgarch-dcc.
Online Access:	https://jimf-bi.org/index.php/JIMF/article/view/1563