Islamic Asset Pricing and Speculation Restrictions
Abdullah M. Al-Awadhi, Ahmad Bash

Abstract
Islamic traders follow Islamic trading rules; this approach has an implication on trading behavior and market outcomes. This article sheds the light on the effect of Islamic speculation restrictions on Islamic asset pricing. Our results reveal that, in equilibrium, Islamic traders require lower returns as a compensation for liquidity than non-Islamic traders

Full Text: PDF DOI: 10.15640/jibf.v6n1a5