Publication: Impact Of Sukuk Liquidity On Stock Market Liquidity: Evidence From Malaysia
dc.contributor.author | Hesham Ameen Alabbasi | en_US |
dc.contributor.author | Ainulashikin Marzuki | en_US |
dc.contributor.author | Nuradli Ridzwan Shah Mohd Dali | en_US |
dc.date.accessioned | 2024-05-28T03:28:56Z | |
dc.date.available | 2024-05-28T03:28:56Z | |
dc.date.issued | 2021 | |
dc.date.submitted | 2022-1-11 | |
dc.description | Volume: 3 No: 3 (page:158-170 | en_US |
dc.description.abstract | Stock market liquidity suffers from low volume trading in Malaysia. There is a high concern previously toward boosting the stock market liquidity through sukuk liquidity. This study aims to investigate the impact of sukuk liquidity on stock market liquidity. Investigating the impact of sukuk liquidity on stock market liquidity received less attention, this is due to the lack of measurement that commensurate to the low frequency of sukuk trading within the secondary market. This study employed two measurements of asset liquidity by using ordinary least square technique. The Amihud sukuk liquidity and latent sukuk liquidity were used to be tested against the stock market liquidity. The data used for this study span from 2008 to 2016 from the Malaysian secondary market based on monthly basis. The result of this study found a significant difference between the both liquidity measurements of sukuk that Amihud sukuk liquidity and latent sukuk liquidity. Also, there is a significant and positive impact of both sukuk liquidity measurements on the stock market liquidity. The result of this study provides a novelty finding within the stock market liquidity. It recommended by this study that the improvement of sukuk liquidity reflects a potential improvement on the stock market liquidity. | en_US |
dc.identifier.citation | ALABBASI, Hesham Ameen; MARZUKI, Ainulashikin; MOHD DALI, Nuradli Ridzwan Shah. Impact of Sukuk Liquidity on Stock Market Liquidity: Evidence from Malaysia. International Journal of Advanced Research in Economics and Finance, [S.l.], v. 3, n. 3, p. 158-170, oct. 2021. ISSN 2682-812X. Available at: <https://myjms.mohe.gov.my/index.php/ijaref/article/view/15175> | en_US |
dc.identifier.epage | 170 | |
dc.identifier.issn | 2682-812X | |
dc.identifier.issue | 3 | |
dc.identifier.spage | 158 | |
dc.identifier.uri | https://myjms.mohe.gov.my/index.php/ijaref/article/view/15175 | |
dc.identifier.uri | https://oarep.usim.edu.my/handle/123456789/4387 | |
dc.identifier.volume | 3 | |
dc.language.iso | en | en_US |
dc.publisher | Asian Scholars Network | en_US |
dc.relation.ispartof | International Journal of Advanced Research in Economics and Finance (IJAREF) | en_US |
dc.subject | Sukuk liquidity, stock market liquidity, latent liquidity, Malaysia | en_US |
dc.title | Impact Of Sukuk Liquidity On Stock Market Liquidity: Evidence From Malaysia | en_US |
dc.type | Article | en_US |
dspace.entity.type | Publication |
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