Purpose – The aim of the paper is to analyze whether performance measures and their factors for microfinance institutions (MFIs) in Muslim countries are significantly different from those in their non-Muslim counterparts, central to the Islamic scholars' argument that religious and cultural...

We identify two sets of explanatory variables; a) country-specific and b) firm-specific features, that explains MFIs financial performance and overall efficiency. Our study is one of the few recent researches to focus on a bigger cross-sectional dataset of total 2138 firm-years for 754 unique...

Purpose – Central to the Islamic scholars' argument that religious and cultural norms in Muslim countries may drive preference of Islamic microfinance over conventional microfinance, we analyze if performance measures and their factors for Microfinance Institutions (hereafter referred as MFIs)...

This paper analyzes responses to monetary policy tools during the United Kingdom's Quantitative Easing regime from March 06, 2009 to June 02, 2010 on a set of target variables: market index, foreign exchange index, investment grade and non-investment grade bond yield, and spots and forwards of...