Islamic banks and political risk: International evidence

Belkhir, Mohamed and Grira, Jocelyn and Hassan, M. Kabir and Soumaré, Issouf,(2018), Islamic banks and political risk: International evidence. , The Quarterly Review of Economics and Finance, UNSPECIFIED

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We investigate the relation between political risk and the volatility of Islamic and conventional banks’assets. Using an international sample of 34,452 and 1245 bank-year observations of conventional andIslamic banks respectively over the period 1999–2013, we show that conventional banks are moreexposed to political risk compared to Islamic banks. Our results are robust to the use of different country-specific factors, sub-sample analysis, alternative measures of asset quality and bank profitability.
Keywords : Islamic banksPolitical riskHedgingAsset volatilitya, UNSPECIFIED
Journal or Publication Title: The Quarterly Review of Economics and Finance
Item Type: Article
Subjects: Ekonomi Islam
Depositing User: Nila Nurjanah
Date Deposited: 26 Dec 2019 07:56
Last Modified: 26 Dec 2019 07:56

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