Eyyüp Ensari Şahin

Do Shariah-ESG indices offer downside risk protection? Regime-dependent evidence from Sukuk and Islamic equity benchmarks

This study aims to examine whether Shariah-compliant environmental, social and governance (ESG) indices and Sukuk benchmarks provide regime-dependent downside risk protection during crisis episodes, addressing an empirical gap in the crisis-period tail-risk behaviour of Islamic finance instruments at the intersecti...