In December 2003, the U.S. Environmental Protection Agency (EPA) unveiled its long-awaited proposal for regulating mercury emissions from coal-fired utilities, which it later dubbed the quot;Clean Air Mercury Rule.quot; Methylmercury is a potent neurotoxin, leading to irreversible neurological...

While Islamic bonds play a growing role for firms located in emerging economies, the pricing of their risk by investors remains unexplored. We investigate the impact of credit ratings on Islamic bonds’ yield-at-issuance and compare it to conventional bonds. Analysing 1,560 Islamic bonds issued...