Template-Type: ReDIF-Article 1.0 
Author-Name: Mohammad Ashraful Ferdous Chowdhury
Author-Name:  Mohammad Abdullah
Author-Name:  Mansur Masih
Author-Email:  mohammad.chowdhury@kfupm.edu.sa
Author-Workplace-Name:  King Fahd University of Petroleum and Minerals  (KFUPM), Dhahran, Saudi Arabia
Title: Risk Spillover of Russia-Ukraine War and Oil Price on Asian Islamic Stocks and Cryptocurrency - A Quantile Connectedness Approach
Abstract:  This paper makes an initial attempt to investigate the risk spillover of the Russia-Ukraine war and oil price on Asian Islamic Stocks and bitcoin. We apply quantile-based connectedness measures using daily return data covering four Asian Islamic stock indices–oil, gold, bitcoin, and war panic–from February 1, 2022, to July 15, 2022. The results indicate higher connectedness in the upper and lower quantiles compared to the middle quantile, which implies that return shocks react more sharply during high war panic.
Classification-JEL:  H56 ,G21 ,G11
Keywords:  Islamic stocks, Bitcoin, Connectedness
Journal:  Asian Economics Letters
Pages: 1-8
Volume: 4
Issue: 4
Year:  2024
DOI:  2024/07/08
File-URL:  https://a-e-l.scholasticahq.com/api/v1/articles/74920-risk-spillover-of-russia-ukraine-war-and-oil-price-on-asian-islamic-stocks-and-cryptocurrency-a-quantile-connectedness-approach.pdf
File-Format:  Application/pdf
Handle:  RePEc:ayb:jrnael:112