Al-Khazali, Osamah; Hooi Hooi Lean; Zoubi, Taisier A. - In: International Journal of Financial Studies : open … 10 (2022) 4, pp. 1-14
size anomaly in Islamic equity indices. We use global, European, Asian/Pacific, and US Islamic equity indices from 1996 to … 2019. For risk-averse investors, we find that small-size portfolios of Islamic indices ASD outperform large … find that small-sized portfolios of Islamic indices DSD outperform large-sized portfolios in the Dow Jones and the US …