Mahaana Islamic Index ETF listed - Newspaper
JS Global Capital has been appointed the authorised participant and market maker of the ETF.
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JS Global Capital has been appointed the authorised participant and market maker of the ETF.
KARACHI: The Pakistan Stock Exchange (PSX) hosted a gong ceremony to celebrate the listing of the Mahaana Islamic...
KARACHI: Pakistan Stock Exchange has listed the Mahaana Islamic Index Exchange Traded Fund (MIIETF) managed by...
JS Global Capital has been appointed the authorised participant and market maker of the ETF.
During the COVID-19 pandemic, technology stocks, such as FAANG stocks (Facebook, Amazon, Apple, Netflix, and Google), attracted the attention of global investors due to the vast use of technology in daily business. However, technology stocks are generally considered risky stocks; hence, efficient risk management is required to construct an optimal portfolio. In this study, we investigate the volatility spillovers and dynamic conditional correlations among the daily returns of FAANG company stocks, gold, and sharia-compliant equity to construct the optimal portfolio weights and hedge ratios dur...