Stock Markets in Islamic Countries

This book explores the volatility, efficiency and integration of stock markets in Islamic countries. It presents recent trends, growth and performance, before moving on to explore how patterns change during different business cycles for short-term and long-term investors, and ranks the efficiency of the various markets. It addresses how the level of market integration has been affected during different economic periods, and concludes by summarising the performance of the stock markets, suggesting potential future directions for these markets.

Dr Shaista Arshad is an Assistant Professor at the Nottingham University Business School in Malaysia. Her research interests lie in macroeconomics, capital markets and Islamic finance in which she has published several papers.