From: Performance of Islamic and conventional stock indices: empirical evidence from an emerging economy
Index Name | Alpha | Beta | R2 |
---|---|---|---|
Conventional index (KSE-100) | 0.04325 (0.0325)** | 0.9837 (0.0000)* | 0.89 |
Islamic Index (KMI-30) | 0.03911 (0.1321) | 0.9235 (0.0000)* | 0.82 |