Business cycle volatility, growth and financial openness: Does Islamic finance make any difference?

Djennas, Mustapha

doi:10.1016/j.bir.2016.06.003

Cited by 24 publications

(16 citation statements)

References 40 publications

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“…Despite their low cost efficiency levels, IBs are strongly positioned to avoid the negative effects of financial crises and economic downturns; they performed better during the global financial crisis compared to conventional banks (CBs) (Alqahtani et al, 2017;Djennas, 2016). IBs balance higher portfolio risk with significantly lower financial risk through higher capitalization levels (Ariss, 2010).…”

Section: Comparison Of Islamic Banking With Conventional Bankingmentioning

confidence: 99%

Sahi̇pli̇k, Yöntem Ve Banka Ti̇pi̇ Ne Ölçüde Önemli̇di̇r? Karşilaştirmali Banka Performansi Ve Etki̇nli̇ği̇ Üzeri̇ne Bi̇r Li̇teratür Araştirmasi

Sarı

2019

Süleyman Demirel Üniversitesi Vizyoner Dergisi

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Evaluating the performance of banks is crucial due to its strong and positive relationship with financial growth and stability. The study presents a contemporary review of the literature on bank efficiency and performance. The purpose of the study is to analyze, compare and classify the comparative studies on bank efficiency and performance by ownership structures, countries of origin, bank types and quantitative methods used in the analyses. For this purpose, 135 comparative studies encompassing the period 2008-2017 from over 30 countries are analyzed. The study introduces the application of various mathematical techniques including multi-criteria decision making methods in bank efficiency measurement. Then the relationship between ownership and bank efficiency is analyzed. Finally comparison of Islamic banking with conventional banking in terms of efficiency and performance is discussed.

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Section: Comparison Of Islamic Banking With Conventional Bankingmentioning

confidence: 99%

Sahi̇pli̇k, Yöntem Ve Banka Ti̇pi̇ Ne Ölçüde Önemli̇di̇r? Karşilaştirmali Banka Performansi Ve Etki̇nli̇ği̇ Üzeri̇ne Bi̇r Li̇teratür Araştirmasi

Sarı

2019

Süleyman Demirel Üniversitesi Vizyoner Dergisi

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“…В [12] проводится сравнительный анализ между депозитом в конвенциональном банкинге и разделом прибыли в партнерском банкинге, а в [9] исследуется влияние исламской финансовой модели на темпы экономического роста. Вопросы влияния на нестабильность бизнес-циклов и экономический рост исследуются в [7]. В основном сравнительные исследования проводят методами эконометрического анализа (смотри, например [10]), и относительно редко с использованием имитационных компьютерно-реализованных моделей.…”

Section: обзор литературыunclassified

Multi-Agent Model of Conventional and Partner Banking

Zulkarnay¹

2018

ArtSoc

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The article develops a multi-agent methodology for comparative analysis of conventional and partner (Islamic) banking models in order to determine their effectiveness in terms of their impact on the speed and sustainability of a country's economic growth. It describes the agents, their interaction, analyzes the lending algorithms for the client's business project by the bank in both models. The interface of the developed model is given and some results are discussed.

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“…Ghate et al (2013) analyzed the business cycle in India and found that the level of volatility of macroeconomic variables in the post-reform period is still high and can be compared to emerging economies. Djennas (2016) assessed the role of Islamic finance in an economic system via modeling a composite index for analyzing the risk of crisis caused by financial openness and its impact on growth and volatility of business cycle and found that those countries that adopt the principles of Islamic finance are strongly positioned to avoid various situations of crisis and economic downturns. Mckay and Reis (2016) analyzed the role of automatic stabilizers in the US business cycle.…”

Section: Literature Reviewmentioning

confidence: 99%

A Statistical Investigation of Business Cycles Characteristics in Pakistan

Ali

Tariq

Baig

2017

GER

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This study investigates the business cycle characteristics for Pakistan using three sets of variables namely expenditure components of GDP, nominal variables and real variables. The findings reveal that the volatility of expenditure components are greater than GDP during the full sample of 1973 to 2015. Whereas, in the Pre-SAP and Post-SAP periods i.e. 1973-1988 and 1989-2015, real variables and nominal variables show more volatility than GDP. And, in terms of co-movement, expenditure components of GDP showed strong pro-cyclicality and relationship with GDP against other sets of variables. Moreover, the nominal variables show positive persistence and the business cycles caused by it, lasting for a long time against real variables and expenditure components of GDP. Furthermore, the results show that the correlation between CPI and GDP across all periods is counter cyclical. The stability test results show that business cycles features remained stable during two time periods.

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Business cycle volatility, growth and financial openness: Does Islamic finance make any difference?

Cited by 24 publications

References 40 publications

Sahi̇pli̇k, Yöntem Ve Banka Ti̇pi̇ Ne Ölçüde Önemli̇di̇r? Karşilaştirmali Banka Performansi Ve Etki̇nli̇ği̇ Üzeri̇ne Bi̇r Li̇teratür Araştirmasi

Sahi̇pli̇k, Yöntem Ve Banka Ti̇pi̇ Ne Ölçüde Önemli̇di̇r? Karşilaştirmali Banka Performansi Ve Etki̇nli̇ği̇ Üzeri̇ne Bi̇r Li̇teratür Araştirmasi

Multi-Agent Model of Conventional and Partner Banking

A Statistical Investigation of Business Cycles Characteristics in Pakistan

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