Abstract
The purpose of this thesis is to examine the performance of both Islamic and conventional stocks, and to investigate whether the Islamic filtering criteria acts as a shield of protection for investors during crisis or not, based on a panel sample of 12 countries in the MENA region covering 10 different sectors from 1998-2018. Using panel fixed effect regression. We divided out sample into three periods; 1998-2006 pre-crisis period, 2007-2008 crisis period and 2009-2018 post crisis period. Our main finding is that the filtering criteria has a positive relation with the returns significant for the post crisis period and positive significance for the two other periods; crisis and pre crisis.
School
School of Business
Department
Management Department
Degree Name
MS in Finance
Graduation Date
Winter 1-21-2020
Submission Date
1-21-2020
First Advisor
Ahmed, Neveen
Second Advisor
Bouaddi, Mohammed
Committee Member 1
Youssef, Noha
Committee Member 2
Abdallah, Wael
Extent
48 leaves
Document Type
Master's Thesis
Institutional Review Board (IRB) Approval
Not necessary for this item
Recommended Citation
APA Citation
Abou El Enein, E.
(2020).Performance of Islamic stocks versus conventional stocks during crisis and non crisis period: Evidence from MENA region. [Master's Thesis, the American University in Cairo]. AUC Knowledge Fountain.
https://fount.aucegypt.edu/etds/1776
MLA Citation
Abou El Enein, Eshraq. Performance of Islamic stocks versus conventional stocks during crisis and non crisis period: Evidence from MENA region.. 2020. American University in Cairo, Master's Thesis. AUC Knowledge Fountain.
https://fount.aucegypt.edu/etds/1776
Included in
Finance and Financial Management Commons, Islamic Studies Commons, Portfolio and Security Analysis Commons