MARKET INTEGRATION AND DYNAMIC LINKAGES BETWEEN SHARIAH-COMPLIANCE STOCKS AND INTEREST RATE: EMPIRICAL EVIDENCE ON THE KUALA LUMPUR SYARIAH INDEX (KLSI) MALAYSIA
Abstract
This paper aims to explore the interdependence and dynamic linkages between the syariah compliant stocks available in the bursa Malaysia and interest rate, which is supported by the bivariate cointegration technique. The most objectives of this paper are two fold