Showing 1 - 10 of 44
What attracts conventional investors to Islamic financial instruments? We answer this question by comparing Malaysian Islamic and conventional security prices and their response to macrofinancial factors. Our analysis suggests that Islamic and conventional bond and equity prices are driven by...
Persistent link: https://www.econbiz.de/10011142164
We use bank level data to study the efficiency of banks in Sub-Saharan African middle-income countries and provide … possible explanations for the difference in the efficiency levels of banks. We find that banks, on average, could save 20 … and domestic private banks. Among the factors that could affect the efficiency levels are macroeconomic stability, depth …
Persistent link: https://www.econbiz.de/10005826655
terms of scale efficiency, the banks in Bahrain operate at the same level as banks in Singapore and their closest …
Persistent link: https://www.econbiz.de/10005599768
Cost-efficiency, scale efficiency, and productivity change are estimated by data envelopment analysis; and cost-efficiency …
Persistent link: https://www.econbiz.de/10005604932
Over the last decade, Islamic banking has experienced global growth rates of 10-15 percent per annum, and has been moving into an increasing number of conventional financial systems at such a rapid pace that Islamic financial institutions are present today in over 51 countries. Despite this...
Persistent link: https://www.econbiz.de/10005825653
efficiency concerns implied by Shari’ah constraints. Greater risk sharing among cooperative bank stakeholders, using mechanisms …
Persistent link: https://www.econbiz.de/10011242373
Recent years have witnessed a surge in the issuance of Islamic capital market securities (sukuk) by corporates and public sector entities amid growing demand for alternative investments. As the sukuk market continues to develop, new challenges and opportunities for sovereign debt managers and...
Persistent link: https://www.econbiz.de/10011242445
The SDN discusses the main policy issues and challenges in building an inclusive and safe Islamic finance industry, with emphasis on Islamic banking and Sukuk markets. To this end, it discuses why Islamic finance matters, taking into account its recent and prospective growth; and, its potential...
Persistent link: https://www.econbiz.de/10011245880
This paper investigates the determinants of the pattern of Islamic bank diffusion around the world using country-level data for 1992 - 2006. The analysis illustrates that income per capita, share of Muslims in the population and status as an oil producer are linked to the development of Islamic...
Persistent link: https://www.econbiz.de/10008671296
This paper examines the performance of Islamic banks (IBs) and conventional banks (CBs) 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...
Persistent link: https://www.econbiz.de/10008671306