1. Introduction; Mohyedine Hajjar -- Introductory Part 1: Legal Framework of Islamic Finance in EU Legislation -- 2. Financial Undertakings, Sharīᶜa Rules and the Internal Market Framework Challenges and Opportunities; Gabriella Gimigliano -- 3. Islamic Insurance and European Union Legal...

In contrast to earlier field studies, we survey German public savings banks on their management of capital. We find that the most important determinants of the savings banks’ target capital ratio are risk aversion, the desired credit growth and profitability. Savings banks prefer to manage the...