efficiency concerns implied by Shari'ah constraints. Greater risk sharing among cooperative bank stakeholders, using mechanisms …

. 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 … that Islamic bank branches grant more loans during financial panics and that their lending decisions are less sensitive to …

stability of conventional banks. The findings support the effective role of BCP standards in improving bank stability, whose …

Central bank digital currencies (CBDCs) promise many benefits but, if not well designed, they could have undesired …, bank deposit disintermediation, volatility of bank reserves, currency substitution, and capital flows. Countries most …

We study the effects of a bank's engagement in trading. Traditional banking is relationship-based: not scalable, long …-based: scalable, shortterm, capital constrained, and with the ability to generate risk from concentrated positions. When a bank … inefficiencies. A bank may allocate too much capital to trading ex-post, compromising the incentives to build relationships ex …