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
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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.
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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.
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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
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Journal ArticleDOI
Bank ownership and efficiency in China: What will happen in the world’s largest nation? ☆
TL;DR: This article analyzed the efficiency of Chinese banks over 1994-2003 and found that Big Four banks are by far the least efficient; foreign banks are most efficient; and minority foreign ownership is associated with significantly improved efficiency.
Journal ArticleDOI
Risk and Religion: An Explanation of Gender Differences in Religiosity
Alan S. Miller,John P. Hoffmann +1 more
TL;DR: Les A.A. proposent d'envisager les differences au sujet du risque en relation avec les differences de religiosite as mentioned in this paper, i.e., the attitude adoptees par rapport au risque attenuent fortement les differences between the sexes.
Posted Content
Product mix and earnings volatility at commercial banks: evidence from a degree of leverage model
Robert DeYoung,Karin P. Roland +1 more
TL;DR: In this paper, the authors show that as the average bank tilts its product mix toward fee-based activities and away from traditional lending activities, the bank's revenue volatility, its degree of total leverage, and the level of its earnings all increase.
Posted ContentDOI
The Effects of the Global Crisis on Islamic and Conventional Banks: A Comparative Study
Maher Hasan,Jemma Dridi +1 more
TL;DR: In this article, the authors examined the performance of Islamic banks and conventional banks during the recent global crisis by looking at the impact of the crisis on profitability, credit and asset growth, and external ratings in a group of countries where the two types of banks have significant market share.
Posted Content
Islamic Banks and Financial Stability: An Empirical Analysis
Martin Cihak,Heiko Hesse +1 more
TL;DR: In this paper, the relative financial strength of Islamic banks is assessed empirically based on evidence covering individual Islamic and commercial banks in 18 banking systems with a substantial presence of Islamic banking.