Because of the increasing importance of and demand for ethical investment, this paper investigates the dynamics of connectedness between sustainable and Islamic investment in nineteen countries that represent developed and emerging financial markets worldwide. To this end, we apply models...

Environment and climate change are generally considered a systemic risk, not as part of the systematic risk. The view of Islamic finance industry and institutions is no different. However, with greater awareness about the existential threat of climate crisis, there is call for treating it as...

As the demand for ethical and responsible investments is increasing, this paper studies the role of Islamic finance in promoting the Sustainable Development Goals (SDGs). Islamic finance provides an alternative source of resources to invest in green and sustainable projects which are guided by...