The effects of foreign currency exposure and Sharī’ah-compliant status on financial hedging strategy

Purpose: Drawing upon underinvestment theory and clientele effect hypothesis, this paper aims to examine the effects of foreign currency (forex) exposure and Shari’ah-compliant status on firms’ financial hedging strategy. Design/methodology/approach: Based on data of 250 nonfinancial firms listed on...

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Bibliographic Details
Published in:International Journal of Islamic and Middle Eastern Finance and Management
Main Author: Abdul-Rahim R.; Abd Wahab A.; Hudaib M.
Format: Article
Language:English
Published: Emerald Publishing 2023
Online Access:https://www.scopus.com/inward/record.uri?eid=2-s2.0-85131371994&doi=10.1108%2fIMEFM-08-2021-0352&partnerID=40&md5=f2cabf020c10452041007d0aa5aaaf17