Purpose The purpose of the study is to measure cross-country stock market correlation and volatility transmission during the global coronavirus disease 2019 (COVID-19) pandemic. The paper traces trajectory of Islamic equity investments in order to get insights on the behavior of the markets...

This paper surveys developments in Islamic finance, particularly the Islamic stock market, from inception to the current period. It tries to find out how Islamic stock market has perform since inception, the direction it is heading to and whether it has changed course from its original...