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Helma Malini
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This paper investigates the existence of two anomalies in Indonesia and Malaysia Shari’ah compliance;
the month of the year and pre-holiday effect, and their implication for stock market efficiency.
Investing in Shari’ah compliant is different from investing in conventional stock. Conventional stock
market follows the capital market set of rules and law, while Shari’ah follows not only the capital
market set of laws but also the Islamic principles. Most of the previous studies investigated issues
related to conventional stock market, ...
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Tanjungpura University, Faculty of Economy, 2014
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Artikel Jurnal Universitas Indonesia Library