Market Reaction of Stocks Included-In And Removed-From Shariah Index: The Case of Kuala Lumpur Shariah Index

Since Bursa Malaysia launched Kuala Lumpur Shariah Index (KLSI) in April 1999, more than 70% of firms listed in Bursa Malaysia also listed in KLSI. As many companies listed in KLSI do not owned by Muslim, the phenomenon generates question on whether companies will get the ad-vantages from being list...

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Bibliographic Details
Main Author: Aulia Fuad Rahman
Format: Article
Language:English
Published: Universitas Sebelas Maret 2012-04-01
Series:Jurnal Akuntansi dan Bisnis
Online Access:https://jab.fe.uns.ac.id/index.php/jab/article/view/41