Islamic Financial Markets in Times of Global Uncertainty
A special issue of Journal of Risk and Financial Management (ISSN 1911-8074). This special issue belongs to the section "Financial Markets".
Deadline for manuscript submissions: 30 April 2026 | Viewed by 162
Special Issue Editors
Interests: financial risk management; sustainable finance; Islamic finance; financial econometrics
Special Issues, Collections and Topics in MDPI journals
Interests: insurance; risk management; islamic market; sustainability; corporate governance
Special Issue Information
Dear Colleagues,
Global financial markets are experiencing heightened uncertainty due to geopolitical conflicts, climate risks, technological disruptions, and shifting monetary policies. These dynamics are reshaping investment flows, financial stability, and risk perceptions worldwide. In this context, Islamic financial markets, anchored in principles of risk-sharing, asset-backing, and ethical finance, offer an alternative framework that may enhance resilience and stability in turbulent times.
The study of Islamic finance under conditions of uncertainty is not only timely but also critical for both academics and practitioners. By exploring the performance, innovation, and governance of Islamic financial instruments, we can better understand their role in addressing global challenges while advancing sustainable and inclusive financial systems.
This Special Issue seeks to advance scholarly debates on whether Islamic finance offers distinct resilience mechanisms in times of uncertainty, and how innovations in Islamic financial markets can contribute to global financial stability, sustainability, and inclusion.
This Special Issue invites theoretical, empirical, and policy-oriented contributions on topics including, but not limited to, the following:
- Islamic capital markets and geopolitical risk: Performance of sukuk and Islamic equity indices during conflicts, sanctions, and macroeconomic shocks.
- Resilience and stability: Comparative evidence on Islamic vs. conventional financial markets in periods of volatility, crises, or pandemics.
- Islamic Fintech and digital transformation: The role of blockchain, digital sukuk, and Shariah-compliant fintech in enhancing resilience and inclusion.
- Green and socially responsible Islamic finance: Development of green sukuk, ESG-aligned Shariah screening, and contributions to sustainable development goals.
- Corporate governance and Shariah compliance: The role of Shariah boards, ethical investment practices, and diversity in Islamic financial institutions.
- Cross-border integration and regulation: Challenges and opportunities in harmonizing Islamic finance standards across jurisdictions amid global shocks.
Dr. Taoufik Bouraoui
Dr. Ines Belgacem
Guest Editors
Manuscript Submission Information
Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.
Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Journal of Risk and Financial Management is an international peer-reviewed open access monthly journal published by MDPI.
Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1400 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.
Keywords
- Islamic finance resilience
- geopolitical risk and sukuk
- shariah-compliant investments
- Islamic capital markets
- financial stability and sustainability
- Islamic fintech and digital transformation
- green sukuk and ESG
- risk sharing and ethical finance
- corporate governance in Islamic finance
- global financial integration and regulation
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