Are Islamic Banks More Resilient during Financial Panics? /

Rapid growth of Islamic banking in developing countries is accompanied with claims about its relative resilience to financial crises as compared to conventional banking. However, little empirical evidence is available to support such claims. Using data from Pakistan, where Islamic and conventional b...

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Bibliographic Details
Main Author: Farooq, Moazzam
Other Authors: Zaheer, Sajjad
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2015.
Series:IMF Working Papers; Working Paper ; No. 2015/041
Online Access:Full text available on IMF