Explaining intermediation costs of Islamic banks in OIC countries
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The rapid growth of Islamic finance, especially Islamic banking, and its perceived resiliency during the global financial crisis have been key features in recent Islamic finance literature. The Islamic banking business model has also started to attract empirical attention from economists as to whether it can instil the much needed stability into the financial system. While some studies have offered evidence that Islamic banks are relatively more stable and resilient than their conventional counterparts (Cihak and Hesse, 2010; Hasan and Dridi, 2010), there still remain several concerns over whether Islamic banks can play a distinct role in the stability of the financial system and can better allocate financial resources ...
Islamic banks , Islamic banking , Intermediation costs , OIC countries
Abdul Kader Malim, N., Ibrahim, M. H., & Mohd Rasid, M. E. S. (2017). Explaining intermediation costs of Islamic banks in OIC countries. In M. Kabir Hassan (Ed.), Handbook of empirical research on Islam and economic life (pp. 395-410). Cheltenham, United Kingdom: Edward Elgar Publishing Limited.
Edward Elgar Publishing Limited