{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2025,2,21]],"date-time":"2025-02-21T02:08:21Z","timestamp":1740103701988,"version":"3.37.3"},"reference-count":55,"publisher":"Wiley","license":[{"start":{"date-parts":[[2023,2,13]],"date-time":"2023-02-13T00:00:00Z","timestamp":1676246400000},"content-version":"unspecified","delay-in-days":0,"URL":"https:\/\/creativecommons.org\/licenses\/by\/4.0\/"}],"funder":[{"DOI":"10.13039\/501100006261","name":"Taif University","doi-asserted-by":"publisher","award":["TURSP-2020\/162"],"award-info":[{"award-number":["TURSP-2020\/162"]}],"id":[{"id":"10.13039\/501100006261","id-type":"DOI","asserted-by":"publisher"}]}],"content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":["Complexity"],"published-print":{"date-parts":[[2023,2,13]]},"abstract":"<jats:p>We examine the time- and frequency-domain spillover connectedness between regional and world Shariah indices. The spillover index approach is employed with data over the period from April 30, 2012, to May 9, 2022, for African, American, Asian, European, and world emerging and developed markets\u2019 Shariah-based equity indices. The results indicate significant time- and frequency-dependent spillovers between Shariah indices. The world and developed markets\u2019 Shariah indices transmit the greatest return spillover to their African and Asian counterparts, which act as net recipients of system spillovers. Our findings show that Asian Shariah assets are a perfect hedge against all relevant market shocks over the last decade. Our findings have implications for Shariah market regulators, investors, practitioners, and policymakers.<\/jats:p>","DOI":"10.1155\/2023\/5602895","type":"journal-article","created":{"date-parts":[[2023,2,13]],"date-time":"2023-02-13T17:35:07Z","timestamp":1676309707000},"page":"1-17","source":"Crossref","is-referenced-by-count":2,"title":["Time-Frequency Connectedness between Shariah Indices in a Systemic Crisis Era"],"prefix":"10.1155","volume":"2023","author":[{"given":"Shafi Madhkar","family":"Alsubaie","sequence":"first","affiliation":[{"name":"Department of Sharia and Islamic Studies, College of Khurma University College, Taif University, P. O. Box 11099, Taif 21944, Saudi Arabia"}]},{"ORCID":"https:\/\/orcid.org\/0000-0002-0416-6986","authenticated-orcid":true,"given":"Khaled H.","family":"Mahmoud","sequence":"additional","affiliation":[{"name":"Department of Physics, College of Khurma University College, Taif University, P. O. 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