Do Sharīʿah-Compliant Firms Experience Low Information Asymmetry and Stock Price Synchronicity? Evidence from Dow Jones Islamic Market Index

Tauqeer Ahmed & Zeshan Ghafoor

Journal of Islamic Business & Management2025https://doi.org/10.26501/jibm/2025.1502-004article
AJG 1
Weight
0.50

What the paper says

This study examines the impact of voluntary disclosures and earnings management activities on stock price synchronicity between Sharīʿah-compliant and conventional business model firms. We investigate if Sharīʿah-compliant firms having additional voluntary disclosures and lower earnings management activities report a lower level of stock price synchronicity, or is it similar to conventional firms?

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https://doi.org/https://doi.org/10.26501/jibm/2025.1502-004

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@article{tauqeer2025,
  title        = {{Do Sharīʿah-Compliant Firms Experience Low Information Asymmetry and Stock Price Synchronicity? Evidence from Dow Jones Islamic Market Index}},
  author       = {Tauqeer Ahmed & Zeshan Ghafoor},
  journal      = {Journal of Islamic Business & Management},
  year         = {2025},
  doi          = {https://doi.org/https://doi.org/10.26501/jibm/2025.1502-004},
}

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Evidence weight

0.50

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.50 × 0.4 = 0.20
M · momentum0.50 × 0.15 = 0.07
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.