- In “Are emerging Islamic equity markets immune from contagion effects during the COVID-19 pandemic crisis? Evidence from the higher-order comoment-based contagion tests” (Economic Research 36, no. 3 (2023)), Nour El Houda Benzarti and Zouheir Mighri (University of Sousse, Tunisia) “investigate the possible contagion effects of the COVID-19 pandemic on twenty-four emerging Islamic equity markets.” The authors find that “most emerging Islamic equity markets are not immune from the contagious effects of the COVID-19 pandemic.”