Islamic stocks, conventional stock market, or cryptocurrencies? Looking for a Safe Haven during Covid-19
In: المجلة الدولية للأداء الاقتصادي, Jg. 6 (2023-12-01), Heft 2
Online
academicJournal
Zugriff:
This paper investigates the safe haven potential of Islamic stocks within the context of the London stock market, alongside other prominent hedging assets, namely gold, Brent crude, and Bitcoin, using the M-DCC GARCH model. The study finds that Islamic finance no longer demonstrates robust safe haven characteristics but instead serves as a diversifier during periods of market stability. In contrast, gold exhibits notable hedging properties both prior to the COVID-19 pandemic and during market turmoil, outperforming all assets except Bitcoin
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Islamic stocks, conventional stock market, or cryptocurrencies? Looking for a Safe Haven during Covid-19
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Autor/in / Beteiligte Person: | Benbekhti Seyf Eddine ; Boulila, Hadjer ; Benbouziane, mohamed |
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Zeitschrift: | المجلة الدولية للأداء الاقتصادي, Jg. 6 (2023-12-01), Heft 2 |
Veröffentlichung: | University of Boumerdes, 2023 |
Medientyp: | academicJournal |
ISSN: | 2661-7161 (print) ; 2716-9073 (print) |
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