Purpose – The purpose of this paper is to analyze the income structure of Islamic banks in the Gulf Cooperation Council (GCC) countries and to explore the effect of the diversification of banks' earning on risks that may harm these latter. Design/methodology/approach – Using data from...

After barely half a century of experience, Islamic banking has become established as a niche industry across the world, offering new and sophisticated financial products designed to be compliant with Islamic legal principles and common law. This comprehensive book explores the theory, principles...

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 norms...

Islamic Finance has experienced rapid growth in recent years, showing significant innovation and sophistication, and producing a broad range of investment products which are not limited to the complete replication of conventional fixed-income instruments, derivatives and fund structures. Islamic...

The Journal of Public Economics (JPE) is a reputable journal in the domain of economics that was inaugurated in 1972. We conduct a 50-year retrospective review to analyze the journal's development and impact in terms of publications, authors, affiliated institutions and countries, and citation...

This paper investigates the asymmetric volatility interlinkages of global IT industries. To this end, we introduce a new Wavelet-Time Varying Parameter-VAR (W-TVP-VAR) approach to examine the effectiveness of the argument that exuberance leads to spillovers over different investment horizons....

This paper examines the impact of the Russia-Ukraine conflict on the volatility spillovers and their dynamics among major global financial markets, including global stock (USA, China, Japan, UK, Germany, and France), major cryptocurrencies (BTC and ETH), crude oil (WTI) and gold markets. The...

This study proposes a GARCH copula quantile regression model to capture the downside and upside tail dependence between oil price change and stock market returns at different risk levels. In the model, ten copulas are provided to measure the nonlinearity of the tail dependence with the marginal...