IDEAS home Printed from https://ideas.repec.org/a/src/jafeec/v7y2021i2p435-442.html
   My bibliography  Save this article

Analyzing the Financial Trends of Islamic and Non Islamic Emerging Markets of South Asia

Author

Listed:
  • Alvi, Mohsin Hassan
  • Hassan, Syed Shabib ul

Abstract

The aim of the study is to explore the trends of organizations performance of Islamic and Non-Islamic South Asian countries. Out of 8 south Asian countries, 4 were selected those play a vital role in economic development of south Asia. Pakistan and Bangladesh were taken as Islamic ruling countries, whereas, India and Sri Lanka were taken as non-Islamic countries. 10 years of data before COVID-19 pandemic from organizations listed in stock markets were gathered on annual basis. Efficiency and profitability ratios were taken as variables. Augmented dickey fuller unit root test was used to interpret the stationary in data. Data was found volatile in South Asian countries organization in terms of efficiency and profitability ratios. Results revealed that purchasing power among people of South Asia increased in terms of buying commodities as the stationarity in stock inventory did not investigate and it inclined with consistent growth gradually. Future studies are possible with a different methodology (graphical representation and other associations) and contexts (other than South Asia) with induction of sample size.

Suggested Citation

  • Alvi, Mohsin Hassan & Hassan, Syed Shabib ul, 2021. "Analyzing the Financial Trends of Islamic and Non Islamic Emerging Markets of South Asia," Journal of Accounting and Finance in Emerging Economies, CSRC Publishing, Center for Sustainability Research and Consultancy Pakistan, vol. 7(2), pages 435-442, June.
    • Handle: RePEc:src:jafeec:v:7:y:2021:i:2:p:435-442
    DOI: http://doi.org/10.26710/jafee.v7i2.1782
    as

    Download full text from publisher

    File URL: https://publishing.globalcsrc.org/ojs/index.php/jafee/article/view/1782/1169
    Download Restriction: no
    File URL: https://libkey.io/http://doi.org/10.26710/jafee.v7i2.1782?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:src:jafeec:v:7:y:2021:i:2:p:435-442. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Rabia Rasheed (email available below). General contact details of provider: https://edirc.repec.org/data/csrcmpk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.