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Our findings divulge that flights, both FTQ and FFQ, could be attained during stress periods. Generally, in the intermediate term of the COVID\u201019 pandemic, both Islamic and conventional bonds could act as safe havens, diversifiers, and hedges for international equities, and the same could be observed for international equities. We reiterate empirically that flights may improve the financial system\u2019s stability and robustness by allowing diversity to be effective when it is most required. The findings have financial and portfolio implications for investors considering how to deploy their investments in the COVID\u201019 era. Our findings may impact policymakers\u2019 responses to changes in various asset classes, allowing them to better monitor financial markets and adjust macroeconomic policies.<\/jats:p>","DOI":"10.1155\/2022\/1027495","type":"journal-article","created":{"date-parts":[[2022,1,31]],"date-time":"2022-01-31T13:20:42Z","timestamp":1643635242000},"update-policy":"https:\/\/doi.org\/10.1002\/crossmark_policy","source":"Crossref","is-referenced-by-count":46,"title":["Flights\u2010to\u2010and\u2010from\u2010Quality with Islamic and Conventional Bonds in the COVID\u201019 Pandemic Era: ICEEMDAN\u2010Based Transfer Entropy"],"prefix":"10.1155","volume":"2022","author":[{"ORCID":"https:\/\/orcid.org\/0000-0001-9539-0889","authenticated-orcid":false,"given":"Ahmed","family":"Bossman","sequence":"first","affiliation":[],"role":[{"role":"author","vocabulary":"crossref"}]},{"ORCID":"https:\/\/orcid.org\/0000-0002-8167-7747","authenticated-orcid":false,"given":"Samuel 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