... Hidden Markov model Conditional value-at-risk Regime-Switching Islamic finance GCC MENA C58 G11 G15 Z12 The intersection of Islamic finance and environmental, social and governance (ESG) investing has produced a structurally distinct asset class that combines religious screening...

... (DCC-GARCH) C32 C58 G11 G15 Q56 Over the last few years, there have been multiple occurrences of financial market instability. Russia/Ukraine Conflict; Banking Sector Disruptions; Middle East geopolitical tension; and growing uncertainty on global trade have caused heavy fluctuations...

... geopolitical risk stock market ESG stocks quantile coherency G10 G11 G12 Understanding and assessing uncertainties and potential losses within a portfolio during crises are crucial (Ongan et al., 2025). When investing in conventional equities or ESG stocks, financial market...

... Emin Ahmet Kaplan eminahmet@gmail.com Islamic Finance Forecasting Risk management in Islamic finance GARCH and ARMA-GARCH models Bayesian classifier C11 C58 G11 G15 G32 Despite this growing empirical evidence, the existing literature is constrained by a critical...

... to the original publication and authors. The full terms of this licence maybe seen at Link to the terms of the CC BY 4.0 licence. Climate policy uncertainty Green sukuk Green finance Connectedness Generalized FEVD G11 G15 Over the past decade, green finance is considered a critical...

... financial market ESG indices Green stocks TVP-VAR Connectedness C32 G11 G15 Q56 Nomenclature ADF-GLS = Augmented Dickey-Fuller generalized least squares test; DCC-GARCH = Dynamic conditional correlation generalized autoregressive conditional heteroskedasticity...

... TVP-VAR Islamic finance Malaysia Ethical investing G11 Z12 While both SC and sin equities exist within the same financial ecosystem, their behavioral patterns need not always align. SC assets may respond differently to market or policy shocks because of ethical screening, low debt...

... model G10 G11 Islamic finance is an essential philosophy of financial economics. The functions of financial systems do not differ based on whether they are Islamic or not. They have four major roles: financial intermediation, financial diversification, asset-liability management...

... diversification Risk management G11 G15 G21 The impact of co-movement and return spillovers on portfolio performance has gained attention in financial theory research. Scholars such as Kroner and Ng (1998) laid the foundation in the social relations literature for the co-movement of asset...

... COVID-19 Russia–Ukraine conflict C58 C60 G11 G12 G13 G14 In recent times, global challenges like the COVID-19 pandemic, Russia’s invasion of Ukraine, fluctuating oil prices and the Palestine–Israel conflicts have increased uncertainty in the financial market. Recent studies suggest...

... invaluable insights for investors, financial analysts and Islamic finance scholars. Shariah-compliant ETFs Non-shariah-compliant ETFs Comparative study Investing AAOIFI standards Exchange-traded funds E22 G11 Exchange-traded funds (ETFs) have emerged as a dynamic and versatile...

... 2024 Emerald Publishing Limited Licensed re-use rights only Oil price volatility Foreign ownership Information asymmetry Financial constraints Stock liquidity G11 G14 G15 Q43 Existing literature documents the benefits of foreign ownership on firm performance. Foreign...

... 05 2024 © Emerald Publishing Limited 2024 Emerald Publishing Limited Licensed re-use rights only Volatility transmission Investable assets GARCH0-DCC Wavelet analysis Covid-19 pandemic E31 G01 G11 G12 G13 M5 The COVID-19 virus has not only ruined public health...

...). C31 F52 G11 O4 Indeed, the occurrence of terrorism and its corresponding activities in countries active in stock markets can lead to a stock price crash in target countries and decreased investment in the stock markets of neighboring countries by creating internal and regional tensions...

...: Hazrul Shahiri can be contacted at: hizuan@ukm.edu.my 23 11 2021 20 05 2022 17 11 2022 07 12 2022 © Emerald Publishing Limited 2023 Emerald Publishing Limited Licensed re-use rights only Connectedness Business sector COVID-19 Price index G11 G17...

... 2021 Emerald Publishing Limited Licensed re-use rights only Competition Financial stability Credit risk Ownership structure MENA countries C23 G01 G10 G11 G21 This study examines the relationship between bank competitions, risk and ownership structure of the Middle East...

... Emerald Publishing Limited Licensed re-use rights only Islamic finance Wavelet correlation Brexit MGARCH-DCC C58 G15 G11 Z12 C22 There have been numerous research studies conducted subsequent to these studies, which empirically test the covariance of asset returns amongst...

... Licensed re-use rights only Profit Islamic hedging Rupiah G11 G14 identify which one to be preferred by the business players; propose terms and conditions to determine which hedging is preferred; give information on the estimated (based on simulation) hedging profit and payment...

... other Islamic bank-specific risks in it. Islamic banks Risk management Islamic banks’ specific risks Integration of risks Portfolio diversification G11 G21 G28 G32 G38 The Islamic banking system has become very fragile requiring rigorous integrated risk management (Admati...

... Inflation and Indexation G11 G18 According to modern portfolio theory, pioneered by Markowitz (1952) , risk-averse investors choose investment portfolios by balancing out expected return and risk. Two asset classes are of utmost importance in investment portfolios real estate and gold. Real...