Journal ArticleDOI
Risk in Islamic Banking
TLDR
In this article, the authors investigated risk and stability features of Islamic banking using a sample of 553 banks from 24 countries between 1999 and 2009 and found that small Islamic banks that are leveraged or based in countries with predominantly Muslim populations have lower credit risk than conventional banks.Abstract:
This paper investigates risk and stability features of Islamic banking using a sample of 553 banks from 24 countries between 1999 and 2009. Small Islamic banks that are leveraged or based in countries with predominantly Muslim populations have lower credit risk than conventional banks. In terms of insolvency risk, small Islamic banks also appear more stable. Moreover, we find little evidence that Islamic banks charge rents to their customers for offering Sharia compliant financial products. Our results also show that loan quality of Islamic banks is less responsive to domestic interest rates compared to conventional banks.read more
Citations
More filters
Journal ArticleDOI
The governance, risk-taking, and performance of Islamic banks
TL;DR: In this paper, the authors examined whether the difference in governance structures influenced the risk taking and performance of Islamic banks compared to conventional banks and concluded that the governance structure in Islamic banks plays a crucial role in risk taking as well as financial performance that is distinct from conventional banks.
Journal ArticleDOI
Of Religion and Redemption: Evidence from Default on Islamic Loans
TL;DR: In this article, the authors compare default rates on conventional and Islamic loans using a comprehensive monthly dataset from Pakistan that follows more than 150,000 loans over the period 2006:04 to 2008:12.
Journal ArticleDOI
Sukuk vs. conventional bonds: A stock market perspective
TL;DR: In this paper, the authors investigate whether stock market investors react differently to the announcements of sukuk and conventional bond issues, and they find that the stock market is neutral to announcements of conventional bonds issues, but it reacts negatively to announcement of SUkuk issues.
Journal ArticleDOI
A contemporary survey of islamic banking literature
M. Kabir Hassan,Sirajo Aliyu +1 more
TL;DR: This article reviewed empirical studies on Islamic banking and concentrates on their main findings while highlighting future research directions, and discusses scholars' concerns that have led to a paradigm shift in the system and highlight practitioners' disquiet about recent practices.
Journal ArticleDOI
Islamic Banking and Finance: Recent Empirical Literature and Directions for Future Research
TL;DR: In this article, the authors examine the recent empirical literature in Islamic banking and finance, highlight the main findings and provide a guide for future research, concluding that there are no major differences between Islamic and conventional banks in terms of their efficiency, competition and risk features.
References
More filters
Posted Content
Challenges Facing Islamic Banking (Occasional paper)
TL;DR: In this article, the authors tackle stock of developments in Islamic Banking over the past two decades and identify the challenges facing it, and tackle the challenges of Islamic Banking in the 21st century.
Journal ArticleDOI
Redefining and containing systemic risk
TL;DR: The most important steps would be to measure regulatory performance in terms of its effect on the loss exposures that the safety net passes through to taxpayers and to require institutions that benefit from the net to produce information that would support this effort.
Journal ArticleDOI
Efficiencies and Unobserved Heterogeneity in Turkish Banking: 1990-2000
TL;DR: In this paper, the authors investigate the efficiencies of 53 Turkish banks using likelihood-based stochastic frontier analysis for the period 1990-2000 and find no evidence of heterogeneity along the state vs private and Islamic vs conventional dimensions.
Journal ArticleDOI
A Comparison between Islamic and Traditional Banks: Pre and Post the 2008 Financial Crisis
TL;DR: In this article, the efficiency and profitability of banks that belong to two different sectors: Islamic banks (IBs) and traditional banks (TBs) are compared. But the authors focus on the pre and post 2008 financial crisis with an aim to test if there are any significant differences in performance between the two sectors.
Posted Content
Comparative Economics of Some Islamic Financing Techniques (Research Paper)
TL;DR: In this paper, the authors present some economic dimensions of the major Islamic financing techniques in a comparative perspective, and present an attempt to present the economic aspects of these techniques from an economic point of view.