Farooq, Moazzam; Zaheer, Sajjad - International Monetary Fund (IMF) - 2015
. Using data from Pakistan, where Islamic and conventional banks co-exist, we compare these banks during a financial panic …. Our results show that Islamic bank branches are less prone to deposit withdrawals during financial panics, both … unconditionally and after controlling for bank characteristics. The Islamic branches of banks that have both Islamic and conventional …