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 has to be on check from time to time. This scenario has called for a concerted effort that may possibly be geare...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Università degli Studi di Torino
2015-06-01
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| Series: | European Journal of Islamic Finance |
| Subjects: | |
| Online Access: | https://www.ojs.unito.it/index.php/EJIF/article/view/848 |
| _version_ | 1819280343879909376 |
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| author | Akeem Kolawole Odeduntan Abideen Adeyemi Adewale |
| author_facet | Akeem Kolawole Odeduntan Abideen Adeyemi Adewale |
| author_sort | Akeem Kolawole Odeduntan |
| collection | DOAJ |
| 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 has to 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 analyse 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. |
| first_indexed | 2024-12-24T00:42:18Z |
| format | Article |
| id | doaj.art-2f611c4b70344a09a902dbc16ea3201e |
| institution | Directory Open Access Journal |
| issn | 2421-2172 2421-2172 |
| language | English |
| last_indexed | 2024-12-24T00:42:18Z |
| publishDate | 2015-06-01 |
| publisher | Università degli Studi di Torino |
| record_format | Article |
| series | European Journal of Islamic Finance |
| spelling | doaj.art-2f611c4b70344a09a902dbc16ea3201e2022-12-21T17:23:55ZengUniversità degli Studi di TorinoEuropean Journal of Islamic Finance2421-21722421-21722015-06-012118https://doi.org/10.13135/2421-2172/848Financial Stability of Islamic Banks: A Review of the LiteratureAkeem Kolawole Odeduntan0Abideen Adeyemi Adewale1Ahmed Zakari and Co. (Chartered Accountants)International Islamic University Malaysia, Gombak, Kuala LumpurThe 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 has to 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 analyse 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.https://www.ojs.unito.it/index.php/EJIF/article/view/848global financial meltdownislamic financefinancial stability |
| spellingShingle | Akeem Kolawole Odeduntan Abideen Adeyemi Adewale Financial Stability of Islamic Banks: A Review of the Literature European Journal of Islamic Finance global financial meltdown islamic finance financial stability |
| 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 | global financial meltdown islamic finance financial stability |
| url | https://www.ojs.unito.it/index.php/EJIF/article/view/848 |
| work_keys_str_mv | AT akeemkolawoleodeduntan financialstabilityofislamicbanksareviewoftheliterature AT abideenadeyemiadewale financialstabilityofislamicbanksareviewoftheliterature |