This study aims to investigate the relationship between returns and risk of Islamic stock
under stable economic conditions, crises, and pandemics within the scope of Indonesian …

The objective of this study is to empirically explore the impacts of the 2008 global financial
crisis on both Islamic and conventional equity markets of Malaysia, Indonesia, Japan, the …

This study examines whether business cycles and financial crises affect the risk of Islamic
stocks compared to conventional stocks in Malaysia for the period 1997 to 2016. The …

Using a sample of 544 Indonesian stocks, we examine the performance of the Shariah and
non-Shariah stocks from 2018-2023. Employing panel regressions to investigate the impact …

This study aims to analyze the differences in risk and rate of return on Islamic stocks during
the economic crisis, when the economy is stable, and during the pandemic-covid. The …

This paper investigates (i) the volatility of Indonesian Islamic, SRI, and Conventional
equities,(ii) their serial correlation, and (iii) their dynamic correlation and relationship during …

In the wake of recent global crisis, the stock market shocks spread and transmitted from its
epicenter in the developed stock market to emerging stock markets. The financial contagion …

We undertake a comparative examination of Islamic equity markets and their conventional
counterparts during the COVID‐19 pandemic via maximum drawdown‐based risk …

Given the alleged uniqueness of Islamic stocks, it is expected that they should provide
insurance when faced with adverse market conditions. This expectation is tested by …

Conventional finance suggests that the higher the risk of an investment, the higher the return
it should give. Nevertheless, whether Islamic stocks that offer alternative investment in the …