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...

The evolution of COVID-19 provides information (e.g. daily confirmed contagion cases) to test the performance and resilience of green bonds and ESG indices during crisis periods. After controlling for variables accounting for the state of the economy and market conditions, we find a significant...