• President Obama called the event a celebration of Ramadan and the accomplishments of the American Muslim community.

    VOA: standard.2009.09.02

  • Now,a new study shows that stock returns during the Muslim Holy Month of Ramadan, vary significantly from those at other times of the year.

    VOA: standard.2010.08.05

  • Ramadan says the real test for President Obama's support for democracy will be in Egypt.

    VOA: standard.2010.05.11

  • There,Ramadan says, the president has to pressure the Mubarak regime to open the political arena and stop using constitutional amendments to stifle real political competition.

    VOA: standard.2010.05.11

  • Levy and his co-founder, Minha Kauser, recently attended an Iftar meal in which Jews joined Muslims who were breaking their daily fast during the holy month,Ramadan.

    VOA: standard.2009.10.19

  • The president said Ramadan is a time for people of all faiths to recommit themselves to the work of building a better and more hopeful world.

    VOA: standard.2009.09.02

  • Government officials say the last flight from Iran to Saudi Arabia will be Monday and all Iranian pilgrims now in the Arab country will be flown home before Ramadan.

    VOA: standard.2009.08.09

  • Tarik Ramadan, professor of Contemporary Islamic Studies at Oxford University agrees.

    VOA: standard.2010.05.11

  • Etebari: Ramadan is really a fundamental shared experience by Muslims.

    VOA: standard.2010.08.05

  • Nash says this training will be especially important because Iraqi forces will handle security during the Muslim holy month of Ramadan, which begins in a few weeks, and parliamentary elections slated for January.

    VOA: standard.2009.08.06

  • As Somalis prepare to observe the start of the Muslim holy month of Ramadan, al-Shabab and Hisbul Islam rebels appeared to have made good on their vow to mark the start of Ramadan with intensified attacks against the government and the African Union mission in Mogadishu known as AMISOM.

    VOA: standard.2009.08.21

  • He is also lead author of the paper, Fast Profits: Investor Sentiment and Stock Returns During Ramadan. Reporter Cecily Hilleary asked him to explain the so-called Ramadan Effect. During the Holy Month, we find that on average, stock returns are almost nine times higher in predominantly Muslim countries than during other times of the year.

    VOA: standard.2010.08.05

  • But the basic implication is that if the past repeats itself, if one could replicate the past, the implication is as follows: Those seeking to gain fast profits, they should try and profit from the fast, buying shares prior to the start of Ramadan and selling them at the end of the Holy Month or,preferably, immediately after Eid al-Fitr, where our results begin to decline.

    VOA: standard.2010.08.05

  • That's an excellent question, especially looking into factors that affect the return-generating process in the stock market-in other words, factors that affect the stock prices in a conventional sense: Market liquidity, length of the daily fasting period, especially contrasting summer months with winter months when Ramadan coincides with one versus the other, with the length of day being really longer during summer months.

    VOA: standard.2010.08.05

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