@unpublished{library_repository326,
           title = {Wealth effect of Islamic bond offering announcement (Table of contents and abstract only)},
          school = {Open University Malaysia (OUM)},
          author = { Nasyra Ab Jamil},
            year = {2007},
        keywords = {Islamic bond ; Mudharabah ; Al-Bai Bithamin Ajil ; Ijarah.},
             url = {https://library.oum.edu.my/repository/326/},
        abstract = {In this study the wealth effect of Islamic bond offering announcement was
investigated using a firm's data from 2001 to 2005. Three types of Islamic Bonds were
examined: Mudharabah, Al-Bai Bithamin Ajil and Ijarah.
The results show that there no significant positive abnormal return occurs
following an Islamic bond offering announcement. The findings revealed that Malaysian
investors respond positively to these announcements, perceiving them as good, thus
creating a positive wealth effect. This positive effect is consistent with the findings of
Chang(2004) and suggests that Islamic bond financing is a means of minimizing the
cost and increasing the opportunity of investment when value and timing are uncertain. (Author's abstract)}
}