Introduction

Shaista Arshad
Additional contact information
Shaista Arshad: University of Nottingham Malaysia Campus

Chapter 1 in Stock Markets in Islamic Countries, 2017, pp 1-6 from Palgrave Macmillan

Abstract: Abstract Economists have long being interested in researching the role of financial development in the economic growth of countries. Many believe the stock market to be a barometer for economic performance, as it allocates the capital needed for consistent growth of the economy. Following the recent global crisis, attention on emerging and developing markets have increased tremendously, questioning whether these countries’ market are apt in withstanding influxes of capital without crashing. The Organization of Islamic Cooperation (OIC), despite its global presence and potential, has often been criticized about its stock markets, which are marred by underdevelopment and illiquidity. This forms the main crux of this book and is explored in detail in this chapter.

Keywords: Stock market; OIC; Underdevelopment; Illiquidity (search for similar items in EconPapers)
Date: 2017
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:pcichp:978-3-319-47803-6_1

Ordering information: This item can be ordered from
http://www.palgrave.com/9783319478036

DOI: 10.1007/978-3-319-47803-6_1

Access Statistics for this chapter

More chapters in Palgrave CIBFR Studies in Islamic Finance from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().