The effect of Islamic sacred months on stock prices in Iran and Iraq Stock Exchanges

Purpose - The present study aims to examine the effects of the Islamic sacred months, namely, Muḥarram, Rajab, Dhu al-Qaʿdah and Dhu al-Ḥijjah, on stock prices on the Iran and Iraq Stock Exchanges. Design/methodology/approach - Using the infrastructure models of the capital market, the daily stock p...

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Bibliographic Details
Main Authors: Faisal Abduleh Salman Irag Al-Najaf, Mahdi Salehi, Hind Shafeeq Nimr Al-Maliki
Format: Article
Language:English
Published: Emerald Publishing 2017-06-01
Series:ISRA International Journal of Islamic Finance
Subjects:
Online Access:https://www.emeraldinsight.com/doi/pdfplus/10.1108/IJIF-10-2017-0034