Basel Compliance and Financial Stability : Evidence from Islamic Banks /

The paper provides robust evidence that compliance with Basel Core Principles (BCPs) has a strong positive effect on the Z-score of conventional banks, albeit less pronounced on the Zscore of Islamic banks. Using a sample of banks operating in 19 developing countries, the results appear to be driven...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Bitar, Mohammad
Weitere Verfasser: Ayadi, Rym, Ben Naceur, Sami, Walker, Thomas
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2017.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2017/161
Online Zugang:Full text available on IMF
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100 1 |a Bitar, Mohammad. 
245 1 0 |a Basel Compliance and Financial Stability :   |b Evidence from Islamic Banks /  |c Mohammad Bitar, Sami Ben Naceur, Rym Ayadi, Thomas Walker. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2017. 
300 |a 1 online resource (40 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a The paper provides robust evidence that compliance with Basel Core Principles (BCPs) has a strong positive effect on the Z-score of conventional banks, albeit less pronounced on the Zscore of Islamic banks. Using a sample of banks operating in 19 developing countries, the results appear to be driven by capital ratios, a component of Z-score for the two types of banks. Even though smaller on Islamic banks, individual chapters of BCPs also suggest a positive effect on the stability of conventional banks. The findings support the effective role of BCP standards in improving bank stability, whose important implications led to the Islamic Financial Services Board (IFSB) publication of new recommendations in 2015 to bring BCP standards in line with the Core Principles for Islamic Finance Regulation (CPIFRs) standards. Our findings suggest that because Islamic banks are benchmarked closely to BCPs, the implementation of CPFIRs should also positively affect their stability. 
538 |a Mode of access: Internet 
700 1 |a Ayadi, Rym. 
700 1 |a Ben Naceur, Sami. 
700 1 |a Walker, Thomas. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2017/161 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2017/161/001.2017.issue-161-en.xml  |z IMF e-Library