Issues in Islamic equities: A literature survey

M Masih, NKM Kamil, OI Bacha - Emerging Markets Finance and …, 2018 - Taylor & Francis
This article reviews the current literature on Islamic equities. Our survey indicates that the
bulk of articles is quantitative or empirical in nature, with a notable dearth of theoretical …

Impact of COVID-19 pandemic on stock markets: Conventional vs. Islamic indices using wavelet-based multi-timescales analysis

MB Hasan, M Mahi, MK Hassan, AB Bhuiyan - The North American Journal …, 2021 - Elsevier
We empirically explore the effect of the COVID-19 pandemic on Islamic and conventional
stock markets from a global perspective. We also explore the co-movement between Islamic …

The impact of Coronavirus (COVID-19) outbreak on faith-based investments: An original analysis

M Sherif - Journal of Behavioral and Experimental Finance, 2020 - Elsevier
This paper examines the rapid spread of Coronavirus (COVID-19) and its short-term impact
on the Shariah-compliant UK Dow Jones market index to capture the dynamic behavior of …

[HTML][HTML] Does the islamic label indicate good environmental, social, and governance (ESG) performance? Evidence from sharia-compliant firms in Indonesia and …

A Qoyum, MRP Sakti, HMT Thaker, RU AlHashfi - Borsa Istanbul Review, 2022 - Elsevier
This study empirically investigates the effect of an Islamic label on environmental, social,
and governance (ESG) performance. Islamic firms in Indonesia and Malaysia that are …

Risk transmission between Islamic and conventional stock markets: A return and volatility spillover analysis

SJH Shahzad, R Ferrer, L Ballester, Z Umar - International Review of …, 2017 - Elsevier
This paper contributes to the current debate on the empirical validity of the decoupling
hypothesis of the Islamic stock market from its mainstream counterparts by examining return …

How strong are the causal relationships between Islamic stock markets and conventional financial systems? Evidence from linear and nonlinear tests

AN Ajmi, S Hammoudeh, DK Nguyen… - Journal of International …, 2014 - Elsevier
Past studies suggest that the Islamic finance system is only weakly linked or even decoupled
from conventional markets. If this statement is true, then this system may provide a cushion …

Islamic mutual funds' financial performance and international investment style: evidence from 20 countries

AGF Hoepner, HG Rammal, M Rezec - The European Journal of …, 2011 - Taylor & Francis
We pursue the first large-scale investigation of a strongly growing mutual fund type: Islamic
funds. Based on an unexplored, survivorship bias-adjusted data set, we analyse the …

Stock market anomalies, market efficiency and the adaptive market hypothesis: Evidence from Islamic stock indices

O Al-Khazali, A Mirzaei - … of International Financial Markets, Institutions and …, 2017 - Elsevier
Despite the development and growth of Islamic finance, the academic literature on the
subject, while increasing, has so far provided no information on the calendar anomalies in …

Socially responsible and conventional investment funds: performance comparison and the global financial crisis

L Becchetti, R Ciciretti, A Dalò, S Herzel - Applied Economics, 2015 - Taylor & Francis
We investigate the performance of socially responsible funds (SRFs) and conventional funds
(CFs) in different market (geographical area and class size) segments during the period …

Does hajj pilgrimage affect the Islamic investor sentiment?

MB Abbes, M Abdelhédi-Zouch - Research in International Business and …, 2015 - Elsevier
This paper investigates whether the celebrated Islamic hajj (the pilgrimage) can, through its
impact on investors' sentiment, affect the performance of the stock market. By considering …