Akademik Veri Yönetim Sistemi
Tezin Türü: Doktora
Tezin Yürütüldüğü Kurum: Atatürk Üniversitesi, Sosyal Bilimler Enstitüsü, İşletme Anabilim Dalı, Türkiye
Tezin Onay Tarihi: 2020
Tezin Dili: İngilizce
Öğrenci: ALMABROK F AHMİD
Danışman: Ensar Ağırman
Açık Arşiv Koleksiyonu: AVESİS Açık Erişim Koleksiyonu
Özet:
The objectives of this research are to study Islamic stock indexes during the time of Covid-19 extensively and compare it with conventional stock indexes. Our research aims to analyse how stock returns indexes of Islamic and conventional have been affected by COVID-19. So, in other word, the research objected to analyse the effect of COVID-19 on the returns and volatility of Islamic and conventional stocks indexes by using ARIMAX and EGARCH-X models. In keeping with this objective, the Islamic and conventional stocks indexes were used to estimate the financial stock return, and the dummy variable as of number of everyday cases of each country was used to estimate the effect of COVID19. The study examines the uncertainty and volatility of both Islamic and conventional stock indexes before, during the Covid-19 crisis. In addition to comparing Islamic stock markets with others and the impact of this pandemic on them. We found that the result was statistically significant at 10%, 5% and 1% respectively for some of the indexes. By overall looking we can say that Nigerian indexes were affected the most among others which include the Islamic and the conventional, moreover the least affected by the uncertainty was in Indonesia and Malaysia and the Islamic indexes in general were better. And maybe because of the Shariah standers of the Islamic indexes. We can conclude that Islamic stock indexes were affected like others by the COVID-19, even thought it was better in some countries and that might be because of the general condition of the country itself or maybe because of the Islamic standers in some indexes.