الأسواق المالية الإسلامية و مدى تكاملها مع الأسواق التقليدية في اتخاذ قرار الاستثمار : دراسة حالة ماليزيا

الملخص EN

This study aims to identify investment opportunities in Bursa Malaysia through testing the weak form efficiency of Islamic and conventional financial markets, and through testing the integration between them using Johansen co-integration test and the Granger causality test for 2017 and 2018.

This study demonstrates that indices are efficient, and investors can not realize gains above average using historical data.

Results show also that indices are co-integrated only in the short-term, this leads us to say that there are opportunities for investments diversification in the long-term.