PL EN


Preferencje help
Widoczny [Schowaj] Abstrakt
Liczba wyników
2018 | 3 | nr 1 | 44--57
Tytuł artykułu

Specific Risks and Profitability of Islamic Banks in MENA Region

Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
Islamic banks offer Sharia-compliant financial products. In addition to conventional risks, these banks face specific risks which will have negative effects. We investigate the effects of specific risks on the performance and the stability of a sample of 53 Islamic banks located in 11 Middle East North Africa countries including five oil-rich monarchies. Data are drawn from the Bankscope database and the annual reports of these banks over the period of 1998-2014. Using Data Envelopment Analysis, first of all, we designed a series of composite indicators to quantify specific risks of non-Sharia-compliance. In the second step, we applied correlation analysis, Spearman and Kendall correlation tests and a panel analysis in order to address the relationship between the performance and specific risks upon a subsample. According to the results, the relationship between performance and specific risks is significantly positive whereas the impact of each partial indicator remains ambiguous. (original abstract)
Rocznik
Tom
3
Numer
Strony
44--57
Opis fizyczny
Twórcy
autor
  • University of Tunis, Tunis
autor
  • Universite de Sousse, Tunis
autor
  • Universite de Sousse, Tunis
Bibliografia
  • Abdul-Majid, M., Saal, D. S., & Battisti, G. (2010). Efficiency in Islamic and conventional banking: an international comparison. Journal of Productivity Analysis, 34(1), 25-43. https://doi.org/10.1007/s11123-009-0165-3
  • Abedifar, P., Molyneux, P., & Tarazi, A. (2013). Risk in Islamic banking. Review of Finance, 17(6), 2035-2096. https://doi.org/10.1093/rof/rfs041.
  • Abu Hussain, H., & Al-Ajmi, J. (2012). Risk management practices of conventional and Islamic banks in Bahrain. The Journal of Risk Finance, 13(3), 215-239. https://doi.org/10.1108/15265941211229244
  • Ahmad, N. H. B., Noor, M. A. N. M., & Sufian, F. (2010). Measuring Islamic banks efficiency: the case of world Islamic banking sectors. https://mpra.ub.uni-muenchen.de/29497/
  • Alam, N. (2012). Efficiency and risk-taking in dual banking system: Evidence from emerging markets. International Review of Business Research Papers, 8(4), 94-111.
  • Ali, S. S. (2013). State of liquidity management in Islamic financial institutions. Islamic Economic Studies, 21(1), 63-98. https://EconPapers.repec.org/RePEc:ris:isecst:0015
  • Al-Jarrah, I. M. (2012). Evaluating the riskiness of the banking sector of Jordan. European Journal of Economics, Finance and Administrative Sciences, 48, 86-95. http://www.eurojournals.com/EJEFAS.htm
  • Al-Muharrami, S. (2008). An examination of technical, pure technical and scale efficiencies in GCC banking. American Journal of Finance and Accounting, 1(2), 152-166. https://doi.org/10.1504/AJFA.2008.01995
  • Anderson-Cook, C. M. (2006). Quantitative risk management: concepts, techniques, and tools. https://doi.org/10.1198/jasa.2006.s156
  • Ariffin, N. M., Archer, S., & Karim, R. A. A. (2009). Risks in Islamic banks: Evidence from empirical research. Journal of Banking Regulation, 10(2), 153-163. https://doi.org/10.1057/jbr.2008.27
  • Bader, M. K. I., Mohamad, S., Ariff, M., & Hassan, T. (2008). Cost, revenue and profit efficiency of Islamic versus conventional banks: International evidence using data envelopment analysis. Islamic Economic Studies, 15(2), 23-76. http://www.irti.org/English/Research/Documents/IES/081.pdf
  • Bakour, A., & Gallali, M. I. (n.d.). Competition and Efficiency: Comparative Analysis between Islamic and Conventional Banks of MENA Region. ww.ijbcnet.com/5-3/IJBC-15-5208.pdf
  • Bankscope. (2014). World Banking Information, https://bankscope.bvdinfo.com/version-2014103/home.serv?product=scope2006
  • Beck, T., Demirgüç-Kunt, A., & Merrouche, O. (2013). Islamic vs. conventional banking: Business model, efficiency and stability. Journal of Banking & Finance, 37(2), 433-447. https://doi.org/10.1016/j.jbankfin.2012.09.016
  • Berger, A. N., & Humphrey, D. B. (1997). Efficiency of financial institutions: International survey and directions for future research. European journal of operational research, 98(2), 175-212. https://doi.org/10.1016/S0377-2217(96)00342-6
  • Berger, P. G., Ofek, E., & Yermack, D. L. (1997). Managerial entrenchment and capital structure decisions. The journal of finance, 52(4), http://dx.doi.org/10.1111/j.1540-6261.1997.tb01115.x
  • Bourakba, C., & Beloufi, A. (2015). Islamic banks and the maturity mismatch exposure evidence from the GCC region. Journal of Business and Economics, 6(8), 1422-1432. 10.15341/jbe(2155-7950)/08.06.2015/003
  • El-Gamal, M. A. (2006). Islamic finance: Law, economics, and practice. Cambridge University Press.
  • Ernst&Young. (2015). World Islamic Banking Competitiveness Report 2014-15. ey.com/mena
  • Ferhi, A., & Chkoundali, R. (2015). Credit risk and efficiency: Comparative study between Islamic and conventional banks during the current crises. Journal of Behavioural Economics, Finance, Entrepreneurship, Accounting and Transport, 3(1), 47-56.
  • Hamida, N. Z. B. (2013). Efficiency and Quality in Higher Education: A Dynamic Analysis. Research in Applied Economics, 5(4), 116-130. http://dx.doi.org/10.5296/rae.v5i4.4268
  • Hasan, M., & Dridi, J. (2011). The effects of the global crisis on Islamic and conventional banks: A comparative study. Journal of International Commerce, Economics and Policy, 2(02), 163-200. https://doi.org/10.1142/S1793993311000270
  • Hassan Al-Tamimi, H. A., & Mohammed Al-Mazrooei, F. (2007). Banks' risk management: a comparison study of UAE national and foreign banks. The Journal of Risk Finance, 8(4), 394-409.
  • Hassan, M. K., & Kayed, R. N. (2009). The global financial crisis, risk management and social justice in Islamic finance. ISRA International Journal of Islamic Finance, 1(1), 33-58. http://www.oicstatcom.org/imgs/news/Image/585-paper-2.pdf
  • Hassan, T., Mohamad, S., Khaled I. & Bader, M. (2009). Efficiency of conventional versus Islamic banks: evidence from the Middle East. international Journal of Islamic and middle eastern finance and management, 2(1), 46-65. https://doi.org/10.1108/17538390910946267
  • Hassoune, A. (2008). La gestion des risques dans les banques islamiques. Moody's Investors. https://rbih.files.wordpress.com/2007/08/la-gestion-des-risques-dans-les-banques-islamiques-anouar-hassoune.pdf
  • Johnes, J., Izzeldin, M., & Pappas, V. (2014). A comparison of performance of Islamic and conventional banks 2004-2009. Journal of Economic Behavior & Organization, 103, S93-S107. https://doi.org/10.1016/j.jebo.2013.07.016
  • Kablan, S., & Yousfi, O. (2013). What drives efficiency of Islamic banks among regions?. Journal of Applied Business Research, 29(5), 1411.
  • Lovell, C. K., & Pastor, J. T. (1999). Radial DEA models without inputs or without outputs. European Journal of operational research, 118(1), 46-51. https://doi.org/10.1016/S0377-2217(98)00338-5
  • Minsky, H. P., & Kaufman, H. (2008). Stabilizing an unstable economy (Vol. 1). New York: McGraw-Hill.
  • Ray, D., & Cashman, E. (1999). Operational risks, bidding strategies and information policies in restructured power markets1. Decision Support Systems, 24(3-4), 175-182. https://doi.org/10.1016/S0167-9236(98)00081-5
  • Regaieg, B., & Abidi, E. (2015). Les banques islamiques faces à la crise des subprimes: étude de l'x-efficience par la méthode SFA [Islamic banks in the time of the credit subprime: a study of the x-efficiency by the SFA method]. International Journal of Innovation and Applied Studies, 10(1), 45.
  • Said, A. (2011). Comparing the change in efficiency of the Western and Islamic banking systems (Doctoral dissertation, Walden University).
  • Said, A. (2013). Risks and efficiency in the Islamic banking systems: the case of selected Islamic banks in MENA region. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2197056
  • Sillah, B. M., Khokhar, I., & Khan, M. N. (2015). Technical Efficiency of Banks and the Effects of Risk Factors on the Bank Efficiency in Gulf Cooperation Council Countries. Journal of Applied Finance and Banking, 5(2), 109.
  • Srairi, S. A. (2010). Cost and profit efficiency of conventional and Islamic banks in GCC countries. Journal of Productivity Analysis, 34(1), 45-62. https://doi.org/10.1007/s11123-009-0161-7
  • Sufian, F., & Akbar Noor Mohamad Noor, M. (2009). The determinants of Islamic banks' efficiency changes: Empirical evidence from the MENA and Asian banking sectors. International Journal of Islamic and Middle Eastern Finance and Management, 2(2), 120-138. https://doi.org/10.1108/17538390910965149
  • Wahidudin, A., Subramanian, U., Kamaluddin, P., & Bahari, M. Z. (2014). Factors of Profitability in Islamic Banking-Difference between MENA and ASEAN countries. http://dx.doi.org/10.2139/ssrn.2412825
  • Yudistira, D. (2003). Efficiency in Islamic banking: An empirical analysis of 18 banks. Islamic financial architecture, 479.
Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171555127

Zgłoszenie zostało wysłane

Zgłoszenie zostało wysłane

Musisz być zalogowany aby pisać komentarze.
JavaScript jest wyłączony w Twojej przeglądarce internetowej. Włącz go, a następnie odśwież stronę, aby móc w pełni z niej korzystać.