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For this purpose, four different risk-adjusted performance measures (explained below) have been used to analyze the performance differences between KMI-30 index (Shari'ah compliant index) and its conventional computer partKSE-100,for examining volatility effects of interest rate and exchange rate on these two indices, we have used GARCH-M model (explained below).
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The prime objective of this study was to investigate the extent to which the conditional volatilities of both Shari'ah compliant stock index (KMI-30) and conventional stock index (KSE-100) in Pakistan are related to the conditional volatility of interest rate and exchange rate.
This implies that Shari'ah compliant stock index (KMI-30) of Pakistan underperforms its conventional counterpart.
"For example, there is now a multitude of Shariah-compliant equity indexes that look at different geographies and sectors, and that itself is one of the indications of how the market is growing," he said.
One patient allocated to CHO/fiber group was considered not compliant, since the glycemic index was higher than accepted (70%).
After the exclusion of 20 papers (5 reviews/non-original studies, 13 on unrelated topics, 2 index test not compliant with inclusion criteria), 9 articles were included in the analysis.
The non-compliant group had a larger proportion of hospitalizations prior to the index dose than the compliant group (24.9% vs. 2.2% of RSV-related hospitalizations, respectively).
For the past decade, Dow Jones has computed a stock index for Shariah-compliant companies.
In addition, Dharani and Natarajan (2011) find no significant differences between the performance of Indian Shari'ah compliant stocks and conventional stocks indices during the period of 2007 to 2011.
The velocity of the end-effector is obtained by differentiating the forward position kinematic equation, and the local mobility index of the five-bar compliant mechanism is determined and analysed.
In this paper we complement indices developed to assess the ecological status of floodplain systems, compliant with the EU Water Framework Directive, to an overall "Benthic Invertebrate Floodplain Index" (BIFI).
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