Sukuk (Islamic bonds) are one of the Islamic finance sectors that have experienced the
fastest growth during the last decade. Using a quali-quantitative approach known as meta …

Purpose Islamic finance is an alternative approach of financial intermediation based on risk-
sharing and asset-backed operations, which evolved substantially in recent years in …

This paper examines the recent empirical literature in Islamic banking and finance,
highlights the main findings and provides a guide for future research. Early studies focus on …

Past studies have shown considerable differences between equity markets in conventional
and Islamic financial systems, in terms of financial products and principles. Using a copula …

A major issue in both Islamic finance and conventional finance is whether the shocks to the
volatilities in the asset returns are substitutes or complements in terms of taking risk. An …

The COVID-19 pandemic has posed a massive disruption to the finance sector. Islamic
financial markets are no exception. We explore the resilience of Islamic financial markets to …

This introductory article of the special issue “Islamic Banking and Finance II” highlights
various studies on fast-growing Islamic finance industry. It focuses specifically on Islamic …

This paper provides a critical review of the theoretical and empirical literature on sukuk
(Shari'ah-compliant bonds) from three perspectives: their underlying theory and nature, the …

Despite the impressive growth of socially responsible investment (SRI) Sukuk (Islamic bond)
over the last five years, a handful of comprehensive research is documented in literature …

Purpose The purpose of this paper is to examine the connectedness across a variety of
Sukuk and conventional bond indices and the implications for optimal asset allocation for …