Purpose The purpose of this paper is to empirically examine the return and dividend characteristics of two different types of Malaysian real estate investment trust (REIT) series, namely, conventional and Islamic, against macroeconomic variables over the period 2011-2017....

The numerous financial crises in the 20th and 21st century demonstrate the role of excessive credit as the main instigator of financial crises. Could this excessive credit be natural byproducts of lingering economic ailments such as, income inequality, property bubbles and persistent current...

This paper investigates asset pricing anomalies in sharia-compliant (SC) stocks in the US market, focusing on whether dividend-oriented strategies can yield significant alphas. SC stocks adhere to Islamic principles, avoiding activities such as the production and sale of alcoholic beverages,...