Rana, Md. Ejaz; Akhter, Waheed - In: Financial innovation : FIN 1 (2015) 15, pp. 1-17
. Methods: We used KMI 30 and KSE 100 indices for Islamic and conventional stock for the period of July 2008 to November 2013 … KSE-100, whereas KMI-30 remains unaffected by the same. Exchange rate volatility is found to be significant for both … statistically significant for both KMI-30 and KSE-100. This result is consistent with the theory of risk-return trade-off. The …