Focusing on raising climate concerns and sustaining a clean ecosystem, the current study strives to examine connectedness of energy markets with conventional four regional stock Asia, Pacific, Europe, America for period spanning January 1, 2004 August 31, 2021. We employed volatility methodology using dynamic conditional correlation (DCC-GARCH) estimates analysis purposes. There is pronounced within class all except markets, which showed strong disconnection from network. However,...

Abstract Significance Studying the flow of ternary nanofluids [Ag, Cu, MoS 2 ] holds significant importance in both science and engineering. Ternary are vital advancing thermal management systems, heat exchangers, aerospace, materials processing applications. Purpose This study investigates hybrid Carreau nanofluid numerically for proficiency inclined magnetized environment. In this study, three distinct nanoparticles base fluid water over wedge used. The velocity is judged under influence...

This study aims to analyze the repercussions of Russia–Ukraine conflict on Russian financial market, focusing main stock market and sectorial indices. High-frequency hourly data from September 12, 2021, April 29, 2022, covering period before after outbreak conflict, is utilized for analysis. The empirical investigation employs TVP-VAR Quantile-VAR connectedness approaches. Our findings indicate a significant impact leading increased risk during event period. Notably, certain sectors,...

The incredible increase in carbon emissions is a major global concern. Thus, academicians and policymakers at COP26 are continuously urging to devise strategies reduce other greenhouse gas emissions. transportation sector contributor developing countries. Therefore, this study projected an fossil fuel demand for corresponding dioxide emission Pakistan from 2018 2030 by employing the Grey model using annual data 2010 2018. Furthermore, determinant of modeled environmental sustainability such...

The world's tangible shift to clean energy transitions strengthens renewable electricity generations. Therefore, developing countries are marching toward the digitalized pathway production safeguard global climate change from fossil fuel-based non-renewable consumption. We investigate role of information digitalization proxied by globalization de facto and jure in generations within purview financial openness, labor productivity, transport infrastructures, technological innovation,...

Purpose This study investigates the dynamic interdependence between Islamic and conventional stock markets in Gulf Cooperation Council (GCC) economies influence of global financial uncertainties on this interconnection. Design/methodology/approach The employs time-varying parameter vector autoregressions (TVP-VAR) technique analyzes daily data from December 1, 2008 to July 14, 2021. Findings research reveals robust interconnectedness within individual countries markets, particularly during...

Purpose The purpose of this paper is to empirically investigate the determinants and impact financial development on shadow economy in OIC countries then compared with non-OIC countries. Design/methodology/approach study applies advanced panel GMM technique. Findings finds that macro-variables (unemployment, economic growth, money supply foreign trade) institutional variables reduce both also explores mitigates economy; however, its significantly less case economies Research...

Purpose The purpose of this paper is to analyze the relationship between macroeconomic fundamentals, intuitional quality and shadow economy. Design/methodology/approach By utilizing data setspanning from 2004 2015 141 countries, study has employed advanced panel technique, i.e. Generalized Method Moments (GMM) method. In order check consistency results, also used fixed effect random for robustness. Findings finds that full sample, institutional negative on economy while fundaments...

This study investigates the root causes of political instability in Balochistan, seeking to identify primary contributing governance challenges. Employing a qualitative approach, data is assembled through surveys, interviews, and content analysis from separate group respondents, including local populations, academicians, policymakers, analysts. The findings emphasize numerous consistent instability, historical grievances, ineffectiveness, resource mishandling, socioeconomic differences, so...

Abstract A number of regulatory actions focused on reducing NO x emissions from stationary combustion sources have been taken in the United States last decade. These include Acid Rain regulations, Ozone Transport Commission's Budget Program, and SIP Call rulemakings. In addition to these recent Interstate Air Quality Rulemaking proposal other bills Congress are focusing additional reductions . Industrial accounted for about 18% 2000 constituted second largest emitting source category within...

With the rapid increase of waste throughout country, government Indonesia has enacted regulations targeting reduction using religious sentiment. This is employed in Malang City’s “Waste Bank Malang” (WBM). study aims to analyze impact banks on socio-economic progress, and assess their efficacy accomplishing this objective from Maqasid al-Shariʻah perspective. The research employs a descriptive qualitative approach uses both primary secondary data sources. found that operation WBM contributes...

This study empirically examines the spillovers from global uncertainties to sectoral indices of Pakistan stock market (PSX). Furthermore, we select three major indices, i.e., energy, financial, and material composite indices. These represent a massive capital volume PSX. We utilize data 10 May 2002 27 June 2022 examine outbreak due financial crisis (GFC) 2007–2008 impact world’s great pandemic, COVID-19. Additionally, applied novel econometric estimation approach: quantile connectedness....

Purpose The purpose of this study is to identify the demographic groups that can be targeted for donations by cash waqf institutions their marketing campaigns in Malaysia. Design/methodology/approach This paper uses a structured questionnaire acquire understanding Malays about existence poverty Malaysia and institutions. sample consisted 430 respondents residing Selangor. used methodology Baron Kenny mediation analysis. Findings finding indicates do hold sympathies towards poor. Further...

Purpose The purpose of this study is to investigate the impact COVID-19 on conventional and Islamic stocks by using data spanning from February 25, 2020, 3, 2021, employing a panel regression approach. Design/methodology/approach In approach has been used. Findings finds negative association between stock (both conventional). After splitting into 1st 2nd waves, relationship conventional) remains same (negative) in case wave. contrast, wave, turned out be positive. During both waves pandemic,...

Purpose The purpose of this study is to examine the impact COVID-19 pandemic on Association Southeast Asian Nations (ASEAN) Islamic and conventional equities. Design/methodology/approach To ASEAN equities, first, authors calculated volatility by using exponential generalized autoregressive conditional heteroscedasticity methodology then used Wavelet see co-movement between returns equity market indicators cases. Findings find that until beginning August, adversely relates both indices. index...

By using data from 2018 to 2022 and employing quantile VAR time-frequency spillover models, this study investigates the connectedness between global uncertainties, namely, geopolitical risk, economic policy uncertainty, climate seven leading renewable energy indices. The results show strong total (82.87%) uncertainty DJRE, R&CE, MSCIEE, WRE_cpu, GEPU_C, GEPU_P are found be net receivers, WRE transmitters of spillovers. Additionally, MSCIEE sector is least connected, i.e., 2.51%, followed...

COVID-19 impacted lives and business activities across all sectors of the economy, farmers were no exception. Utilizing lens transactional theory stress coping, present study explores stressors among small-scale strategies they adopted for farm management during pandemic. This follows qualitative research design principles collects data from Pakistan on their lived experiences via in-depth interviews. We selected based purposive criterion sampling method, selecting whose practices affected...

Purpose There has been a burgeoning interest in exploring the impact of uncertainty factors on share returns. However, studies influence global financial uncertainties emerging market sectoral indices are scarce. Thus, there is need to have thorough investigation connection between and indices. To fill this gap, using theoretical framework international portfolio diversification (IPD) utilizing data from 2008 2021, study examines spillover (GUIs) leading 28 markets....

Countries of the Middle East and Central Asia depend heavily on natural resources for their exports, income, employment. This study is a preliminary investigation that explores effect domestic investment in sample 12 highly resource-dependent countries from 2000 to 2019. The recently advanced cross-sectional dependent auto-regressive distributed lag (CS-ARDL) model panel quantile regression are employed. results validate accelerator theory an increase non-oil GDP growth rate has robust...

Understanding the co-movement and lag–lead relations among indices is integral to financial decision making. These parameters show reactiveness of market towards new information. them helps minimize risk facilitates optimal portfolio diversification. By employing wavelet coherence econometric model, authors this study analyzed intricate Bond Ṣukūk using global data belonging United States (US), Kingdom (UK), Middle East North Africa (MENA), Gulf Cooperation Council (GCC) countries. The...

Abstract This paper examines whether banks with greater market power have more control over the net interest margin. To this end, we employ panel quantile regression (QR) to a sample of Islamic and conventional from 14 dual banking countries during 2005–2018. Our empirical findings show that in system results higher margin, which is line mainstream theory monopolistic competition. After introducing interaction dummy model, find case result significant only for quantiles bank margins. study...

Purpose The purpose of this study is to document how a central bank can perform its primary and secondary functions in Sharīʿah-compliant manner. It also seeks investigate the outcomes experiments Muslim-majority countries regard. Design/methodology/approach As first step, detailed review existing literature conducted, which discusses views scholars practitioners on banking mechanism fully financial system. Moving further, case studies Iran, Sudan Pakistan are presented highlight experiences...

Purpose The current developments in the Islamic capital market raise questions about its one of main objectives developing is to achieve financial inclusion. Despite policy significance, empirical literature offers little evidence Sukuk-financial inclusion nexus. Thus, this study aims contribute by empirically investigating impacts Sukuk financing on most Sukuk-issued markets countries. Design/methodology/approach In study, author used a two-step generalized method moments (GMM) technique...

This study explores the association of novel COVID-19 with dominant financial assets, global uncertainty, commodity prices, and stock markets top ten corona-affected countries. We employ a wavelet coherence technique to unearth this linkage using daily data deaths reported cases from 1 January 2020 until 26 February 2021. The finds weak between uncertainty variables in short medium term, while strong positive correlation has been witnessed long run. impact no significant is On other hand,...

This study aims to provide important insights regarding the integrated structure of global factors and Pakistan’s leading sector-level indices by estimating dynamic network pairwise connectedness crude oil index, MSCI European economic policy uncertainty Pakistan based on QVAR using daily frequency over period 20 years from 2002 2022. The findings demonstrate high interconnectedness among indices. results net directional connectivity showed that EPEUI, WTI, are “net receivers” volatility...