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Topological properties of Malaysian shariah-compliant securities

Bahaludin, Hafizah and Mahamood, Fatin Nur Amirah and Abdullah, Mimi Hafizah (2021) Topological properties of Malaysian shariah-compliant securities. In: International Conference on Innovative Technology and Sciences (IC.ITSS) 2020, 12-13 Nov 2020, Virtual.

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This research analyses the topological structure of shariah-compliant securities listed in the Bursa Malaysia market from a network perspective. The network is established from the relationships between the top hundred shariah-compliant securities based on market capitalization from 2015 to 2019. The minimum spanning tree (MST) technique applies to produce and portrays a simpler network. Besides, topological properties are explored and examined further to extract the structure embedded and entrenched in the network. As a result, this paper reveals that shariah-compliant securities with different sectors which were interconnected in the Malaysian market., In general, the securities with the same sectors tend to cluster together in the network. The topological properties provide insight to the market participants, especially investors, for the investment strategies.

Item Type: Conference or Workshop Item (Plenary Papers)
Additional Information: 4482/93603
Uncontrolled Keywords: Shariah-compliant securities, minimal spanning tree
Subjects: Q Science > QA Mathematics
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button): Kulliyyah of Science > Department of Computational and Theoretical Sciences
Kulliyyah of Science
Depositing User: Ms Mimi Hafizah Abdullah
Date Deposited: 10 Nov 2021 09:03
Last Modified: 10 Nov 2021 09:03
URI: http://irep.iium.edu.my/id/eprint/93603

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