Financial stability of Islamic banks: a review of the literature

The recent global financial crisis that began in the US and spread sporadically to other parts of the world has been a sort of awakening that financial stability of financial institutions should be on check from time to time. This scenario has called for a concerted effort that may possibly be...

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Main Authors: Odeduntan, Akeem Kolawole, Adewale, Abideen Adeyemi
Format: Article
Language:English
Published: European Research Centre for Islamic Finance, University of Turin, Italy 2015
Subjects:
Online Access:http://irep.iium.edu.my/46511/
http://irep.iium.edu.my/46511/1/EJIF_Paper.pdf
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author Odeduntan, Akeem Kolawole
Adewale, Abideen Adeyemi
author_facet Odeduntan, Akeem Kolawole
Adewale, Abideen Adeyemi
author_sort Odeduntan, Akeem Kolawole
building IIUM Repository
collection Online Access
description The recent global financial crisis that began in the US and spread sporadically to other parts of the world has been a sort of awakening that financial stability of financial institutions should be on check from time to time. This scenario has called for a concerted effort that may possibly be geared towards introducing a framework or policy that tends to promote and sustain economic growth and stability. The present paper therefore reviews financial stability of banks by surveying the extant literature on the subject. It employs library method to gather information and further analyze it by way of comparative, inductive and deductive methods. The paper establishes that while some Islamic banks are relatively stable in terms of their financial activities, some banks are not.
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spelling iium-465112017-11-20T08:05:19Z http://irep.iium.edu.my/46511/ Financial stability of Islamic banks: a review of the literature Odeduntan, Akeem Kolawole Adewale, Abideen Adeyemi HG Finance HG1501 Banking HG178 Liquidity The recent global financial crisis that began in the US and spread sporadically to other parts of the world has been a sort of awakening that financial stability of financial institutions should be on check from time to time. This scenario has called for a concerted effort that may possibly be geared towards introducing a framework or policy that tends to promote and sustain economic growth and stability. The present paper therefore reviews financial stability of banks by surveying the extant literature on the subject. It employs library method to gather information and further analyze it by way of comparative, inductive and deductive methods. The paper establishes that while some Islamic banks are relatively stable in terms of their financial activities, some banks are not. European Research Centre for Islamic Finance, University of Turin, Italy 2015-04 Article PeerReviewed application/pdf en http://irep.iium.edu.my/46511/1/EJIF_Paper.pdf Odeduntan, Akeem Kolawole and Adewale, Abideen Adeyemi (2015) Financial stability of Islamic banks: a review of the literature. European Journal Islamic Finance (EJIF) (2). pp. 1-8. ISSN 2421-2172 http://www.ercif.org/
spellingShingle HG Finance
HG1501 Banking
HG178 Liquidity
Odeduntan, Akeem Kolawole
Adewale, Abideen Adeyemi
Financial stability of Islamic banks: a review of the literature
title Financial stability of Islamic banks: a review of the literature
title_full Financial stability of Islamic banks: a review of the literature
title_fullStr Financial stability of Islamic banks: a review of the literature
title_full_unstemmed Financial stability of Islamic banks: a review of the literature
title_short Financial stability of Islamic banks: a review of the literature
title_sort financial stability of islamic banks: a review of the literature
topic HG Finance
HG1501 Banking
HG178 Liquidity
url http://irep.iium.edu.my/46511/
http://irep.iium.edu.my/46511/
http://irep.iium.edu.my/46511/1/EJIF_Paper.pdf