Are Islamic Banks More Resilient during Financial Panics is popular PDF and ePub book, written by Moazzam Farooq in 2015-02-26, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Are Islamic Banks More Resilient during Financial Panics can be Read Online from any device for your convenience.
Are Islamic Banks More Resilient during Financial Panics Book PDF Summary
Rapid growth of Islamic banking in developing countries is accompanied with claims about its relative resilience to financial crises as compared to conventional banking. However, little empirical evidence is available to support such claims. Using data from Pakistan, where Islamic and conventional banks co-exist, we compare these banks during a financial panic. Our results show that Islamic bank branches are less prone to deposit withdrawals during financial panics, both unconditionally and after controlling for bank characteristics. The Islamic branches of banks that have both Islamic and conventional operations tend to attract (rather than lose) deposits during panics, which suggests a role for religious branding. We also find that Islamic bank branches grant more loans during financial panics and that their lending decisions are less sensitive to changes in deposits. Our findings suggest that greater financial inclusion of faith-based groups may enhance the stability of the banking system.
Detail Book of Are Islamic Banks More Resilient during Financial Panics PDF
- Author : Moazzam Farooq
- Release : 26 February 2015
- Publisher : International Monetary Fund
- ISBN : 9781498394802
- Genre : Business & Economics
- Total Page : 29 pages
- Language : English
- PDF File Size : 9,9 Mb
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