Further evidence on the stability of Islamic versus conventional banks in selected GCC countries from 1999 to 2015

Based on the theory of financial intermediation from both the perspective of original theory and the Islamic perspective, this paper aims to investigate the level of stability of the Islamic and the conventional banks. It also examines the different timing effects including the period of crisis on t...

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Main Authors: Abdul Karim, Norzitah, Syed Jaafar Alhabshi, Syed Musa, Kassim, Salina, Haron, Razali
Format: Article
Language:English
Published: IIUM Press 2017
Subjects:
Online Access:http://irep.iium.edu.my/61287/
http://irep.iium.edu.my/61287/
http://irep.iium.edu.my/61287/1/61287_Further%20evidence%20on%20the%20stability%20of%20Islamic%20versus.pdf
id iium-61287
recordtype eprints
spelling iium-612872018-01-11T08:40:42Z http://irep.iium.edu.my/61287/ Further evidence on the stability of Islamic versus conventional banks in selected GCC countries from 1999 to 2015 Abdul Karim, Norzitah Syed Jaafar Alhabshi, Syed Musa Kassim, Salina Haron, Razali HG1501 Banking Based on the theory of financial intermediation from both the perspective of original theory and the Islamic perspective, this paper aims to investigate the level of stability of the Islamic and the conventional banks. It also examines the different timing effects including the period of crisis on the stability of the Islamic and the conventional banks. The study evaluates 51 conventional banks and 50 Islamic banks in selected Gulf Cooperation Council (GCC) using data from the Bankscope database over the period of 1999 to 2015. The study employs two-sample t-test with unequal variance t-test and the non-parametric Wilcoxon test and Mann-Whitney test to compare i) mean of Islamic versus conventional banks over different timing period ii) mean of tested period versus other periods for each of the Islamic and conventional banks. The study suggests that the GCC Islamic banks are more stable compared to their conventional counterparts. However, in testing different timing period, only GCC conventional banks seem to be affected by the crisis period while Islamic banks are less prone to the crisis.. Findings of this study contribute to the literature and fill the gap towards extending the theory of financial intermediation through empirical works of investigating the stability of the Islamic and the conventional banks. IIUM Press 2017-12-31 Article PeerReviewed application/pdf en http://irep.iium.edu.my/61287/1/61287_Further%20evidence%20on%20the%20stability%20of%20Islamic%20versus.pdf Abdul Karim, Norzitah and Syed Jaafar Alhabshi, Syed Musa and Kassim, Salina and Haron, Razali (2017) Further evidence on the stability of Islamic versus conventional banks in selected GCC countries from 1999 to 2015. Journal of Islamic Finance, 6 (Special Issue). 035-045. ISSN 2289-2117 http://journals.iium.edu.my/iiibf-journal/index.php/jif/article/view/254
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
topic HG1501 Banking
spellingShingle HG1501 Banking
Abdul Karim, Norzitah
Syed Jaafar Alhabshi, Syed Musa
Kassim, Salina
Haron, Razali
Further evidence on the stability of Islamic versus conventional banks in selected GCC countries from 1999 to 2015
description Based on the theory of financial intermediation from both the perspective of original theory and the Islamic perspective, this paper aims to investigate the level of stability of the Islamic and the conventional banks. It also examines the different timing effects including the period of crisis on the stability of the Islamic and the conventional banks. The study evaluates 51 conventional banks and 50 Islamic banks in selected Gulf Cooperation Council (GCC) using data from the Bankscope database over the period of 1999 to 2015. The study employs two-sample t-test with unequal variance t-test and the non-parametric Wilcoxon test and Mann-Whitney test to compare i) mean of Islamic versus conventional banks over different timing period ii) mean of tested period versus other periods for each of the Islamic and conventional banks. The study suggests that the GCC Islamic banks are more stable compared to their conventional counterparts. However, in testing different timing period, only GCC conventional banks seem to be affected by the crisis period while Islamic banks are less prone to the crisis.. Findings of this study contribute to the literature and fill the gap towards extending the theory of financial intermediation through empirical works of investigating the stability of the Islamic and the conventional banks.
format Article
author Abdul Karim, Norzitah
Syed Jaafar Alhabshi, Syed Musa
Kassim, Salina
Haron, Razali
author_facet Abdul Karim, Norzitah
Syed Jaafar Alhabshi, Syed Musa
Kassim, Salina
Haron, Razali
author_sort Abdul Karim, Norzitah
title Further evidence on the stability of Islamic versus conventional banks in selected GCC countries from 1999 to 2015
title_short Further evidence on the stability of Islamic versus conventional banks in selected GCC countries from 1999 to 2015
title_full Further evidence on the stability of Islamic versus conventional banks in selected GCC countries from 1999 to 2015
title_fullStr Further evidence on the stability of Islamic versus conventional banks in selected GCC countries from 1999 to 2015
title_full_unstemmed Further evidence on the stability of Islamic versus conventional banks in selected GCC countries from 1999 to 2015
title_sort further evidence on the stability of islamic versus conventional banks in selected gcc countries from 1999 to 2015
publisher IIUM Press
publishDate 2017
url http://irep.iium.edu.my/61287/
http://irep.iium.edu.my/61287/
http://irep.iium.edu.my/61287/1/61287_Further%20evidence%20on%20the%20stability%20of%20Islamic%20versus.pdf
first_indexed 2023-09-18T21:26:54Z
last_indexed 2023-09-18T21:26:54Z
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