Islamic banking stability amidst the COVID-19 pandemic: the role of digital financial inclusion

Banna, Hasanul; Hassan, M. Kabir; Ahmad, Rodina; Alam, Rabiul

doi:10.1108/imefm-08-2020-0389

Cited by 49 publications

(36 citation statements)

References 50 publications

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“…The following variables are significantly associated with non-performing loans: GDP growth is associated with a decrease in non-performing loans (Jamil et al, 2021;Ltifi & Hichri, 2022). Furthermore, Babouek and Janar identified a positive relationship between non-performing loans, bank specific factors, and macroeconomic factors are associated with a decrease or increase in the rate of non-performing loans (Agnihotri et al, 2021;Banna et al, 2021;Mezghani et al, 2021).…”

Section: Literature Reviewmentioning

confidence: 99%

“…When the same individual is monitored over a period of time, the panel data regression model is used (Agnihotri et al, 2021). It is composed of time series and cross-section data, and it is called panel data (Banna et al, 2021). The data collected by a bank over time is referred to as a cross-section.…”

Section: 3mentioning

confidence: 99%

“…Another study identified the short-and long-term objectives that must be met to be successful (Karim et al, 2021). Even while banks can escape bankruptcy, non-performing loans have a detrimental influence on their cost structure and efficiency and their desire to lend to other businesses and individuals (Banna et al, 2021). In the case of high levels of non-performing loans (Karim et al, 2021), the NPL ratio begins to rise rapidly as credit growth is slowed, whereas in countries with "no NPL issue," the NPL ratio remains stable as a result of strong credit growth and nominal GDP growth.…”

Section: Introductionmentioning

confidence: 99%

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Factors Affecting Non-performing Loans in Pakistan during the Covid-19 Pandemic: A Case of Micro Finance Banks

Ansari

Hanif

Tahir

2021

READS

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The basic purpose of this study is to investigate the factors affecting non-performing loans of microfinance banks in Pakistan during the COVID-19 Pandemic. The research used secondary data from the Pakistan Bureau of Statistics and SBP websites regarding the banking industry in FY 2020–2021, and the data was subjected to a multi-regression analysis. The analysis included a number of variables, including GDP growth rate, management efficiency, bank size and return on assets. According to the study's results, all three variables had a statistically significant affect on the outcome except business size. Non-performing loans have been found to have a important positive association with the country's economy.

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Section: Literature Reviewmentioning

confidence: 99%

Section: 3mentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

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Factors Affecting Non-performing Loans in Pakistan during the Covid-19 Pandemic: A Case of Micro Finance Banks

Ansari

Hanif

Tahir

2021

READS

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“…Briefly, fintech is about performing financial transactions with the use of disruptive, innovative and pioneering technology, whereas Islamic fintech is about doing all that within the sharia universe (Karim et al 2022;Khan et al 2021). Since Islamic finance is already a growing market and Muslims around the globe are looking for sharia-compliant financial solutions (Khan and Rabbani 2020;Rabbani et al 2021a), fintech can help the Islamic finance industry in further growth by increasing accessibility, efficiency and transparency (Banna et al 2021a).…”

Section: Introductionmentioning

confidence: 99%

Determinants of Behavioral Intentions to Use Islamic Financial Technology: An Empirical Assessment

Khan¹,

Rabbani

Hawaldar

et al. 2022

Risks

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This study examines the antecedents/determinants of behavioral intentions toward the utilization of Islamic financial technology for Middle Eastern customers. The study applied structural equation modeling (PLS-SEM). After robust research efforts were invested in the identification of factors, they and were converted into measures, and the results were analyzed. The results demonstrate that the independent variables shown in the UTAUT model have a significant impact on the behavior to adopt Islamic financial technology, which implies that the people are ready to use Islamic financial technology while making online transactions. The work in this study adds to the knowledge regarding the factors affecting behavioral intention to use Islamic fintech, as there is scarcity of studies in this domain, especially in the context of Middle Eastern online customers. Moreover, this study also considers the major categories of online payments.

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“…To protect humankind from the virus, governments across the world implemented lock-down or restriction of movement measures during the initial phase of the discovery of the virus. These measures have led to disruption of economic activities affecting the supply chain and the manufacturing industry (Banna et al , 2021). As a result, oil prices began to decline sharply, causing particular harm to the economies of the Gulf Cooperation Council (GCC) region, which relies heavily on oil revenue.…”

Section: Introductionmentioning

confidence: 99%

COVID-19 and GCC stock market performance: an analysis of the boon (financial stimulus package) and curse (oil price plunge) effects

Shamsudheen

Khattak

Muneeza

et al. 2022

IMEFM

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Purpose This study aims to investigate the reaction (in terms of returns and volatility) of Gulf Cooperation Council (GCC) country-wise stock markets (both conventional and Islamic) in response to the surge of COVID-19 cases, with special reference to the announcement of financial stimulus packages in each country and the recent global oil price plunge. Further, the study also examines the impact of COVID-19 cases on the stock market returns of each GCC country and the continuous dynamics of correlation between COVID-19 cases and GCC stock markets. Design/methodology/approach This study uses an exponential generalized auto regressive conditional heteroskedasticity model and continuous wavelet coherence to estimate the stock market volatility and co-movement between COVID-19 cases and stock returns. Findings Empirical findings indicate an adverse reaction (negative returns and high volatility) during the period examined, with the stimulus package resulting in a positive transformation of returns in each country-level stock market as well as the regional stock index. Further, no evidence of an adverse effect of the oil price plunge is identified. All findings are identical between both conventional and Islamic stock indices. Originality/value While ample research has been conducted on the impact and dynamics of the pandemic on stock markets, little has addressed the areas of financial stimulus packages and the oil price plunge. The findings of this study show that further research needs to be conducted to elucidate the ways in which effective financial stimulus packages can be formulated in the GCC region to mitigate the adverse effects of COVID-19 for economies without causing major financial deficits, as well as to find strategies to diversify economies away from the oil curse.

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Islamic banking stability amidst the COVID-19 pandemic: the role of digital financial inclusion

Cited by 49 publications

References 50 publications

Factors Affecting Non-performing Loans in Pakistan during the Covid-19 Pandemic: A Case of Micro Finance Banks

Factors Affecting Non-performing Loans in Pakistan during the Covid-19 Pandemic: A Case of Micro Finance Banks

Determinants of Behavioral Intentions to Use Islamic Financial Technology: An Empirical Assessment

COVID-19 and GCC stock market performance: an analysis of the boon (financial stimulus package) and curse (oil price plunge) effects

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