Publication:
Impact Of Sukuk Liquidity On Stock Market Liquidity: Evidence From Malaysia

dc.contributor.authorHesham Ameen Alabbasien_US
dc.contributor.authorAinulashikin Marzukien_US
dc.contributor.authorNuradli Ridzwan Shah Mohd Dalien_US
dc.date.accessioned2024-05-28T03:28:56Z
dc.date.available2024-05-28T03:28:56Z
dc.date.issued2021
dc.date.submitted2022-1-11
dc.descriptionVolume: 3 No: 3 (page:158-170en_US
dc.description.abstractStock 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.citationALABBASI, 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.epage170
dc.identifier.issn2682-812X
dc.identifier.issue3
dc.identifier.spage158
dc.identifier.urihttps://myjms.mohe.gov.my/index.php/ijaref/article/view/15175
dc.identifier.urihttps://oarep.usim.edu.my/handle/123456789/4387
dc.identifier.volume3
dc.language.isoenen_US
dc.publisherAsian Scholars Networken_US
dc.relation.ispartofInternational Journal of Advanced Research in Economics and Finance (IJAREF)en_US
dc.subjectSukuk liquidity, stock market liquidity, latent liquidity, Malaysiaen_US
dc.titleImpact Of Sukuk Liquidity On Stock Market Liquidity: Evidence From Malaysiaen_US
dc.typeArticleen_US
dspace.entity.typePublication

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