Contribution of Islamic banks on financial and economic stability: An empirical comparison between conventional and Islamic banks
Küçük Resim Yok
Tarih
2021
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Springer International Publishing
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
The changing environment of World economy after the global financial crisis in 2008 has led to the modification of monetary policies and financial system regulations. In this regard, banking system has become an important component of economic policies implemented by mainly central banks such as leaning against the wind. The stability of banking indicators has become important for both financial system stability and macroeconomic stability. In this study, we aim to test the performance of banking system in achieving financial stability and effect on macroeconomic indicators after the end of the quantitative easing program of FED in May 2013. Different from existing studies, we investigate them for conventional banks and Islamic banks separately. By doing so, we will be able to compare the effect of Islamic understanding on financial system and economy of the Turkish economy. Possible differences between conventional and Islamic banks might give us some insight into the superiority of the Islamic finance system. © Springer Nature Switzerland AG 2021. All rights reserved.
Açıklama
Anahtar Kelimeler
Financial stability, Times series analysis, Turkish financial system
Kaynak
Islamic Finance and Sustainable Development: A Sustainable Economic Framework for Muslim and Non-Muslim Countries
WoS Q Değeri
Scopus Q Değeri
N/A
