The main focus of the study is to determine the financial uncertainty while examining the Sukuk bonds prices, Sukuk bond and global emerging market indices returns dynamics. The study, with a time period ranging from 2017 to 2020, applies the quantile regression technique. The study findings...

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...