在油价不确定的情况下,伊斯兰和传统银行的弹性和表现

IF 13.6 2区 经济学 Q1 ECONOMICS
Tauhidul Islam Tanin , Mohammed Sharaf Mohsen Shaiban , Akram Shavkatovich Hasanov , Robert Brooks
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引用次数: 0

摘要

宗教信仰对股票价格表现的影响仍然是一个争论的主题,特别是在双重银行体系中,伊斯兰银行(ib)与传统银行(cb)一起运作。本研究使用了一个广泛的数据集,并应用了一个基于递归窗口的非对称VAR-GARCH-in-mean-BEKK模型来检验石油净出口国(埃及、印度尼西亚、科威特、尼日利亚、阿曼、卡塔尔、沙特阿拉伯和阿联酋)和石油进口国(孟加拉国、约旦、巴基斯坦和土耳其)的石油价格不确定性(OPU)对ib和cb股票回报的影响。尽管这些发现提供了IB恢复力的部分见解,但它们不足以全面证实IB或cb的优势。本研究补充了现有文献,并强调了进一步研究这些动态的必要性。了解OPU对银行盈利能力的影响对于长期投资者、政策制定者和参与监管改革的人员至关重要,这些改革的重点是在双重银行体系中促进经济增长、盈利能力和风险管理。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Resilience and performance of Islamic and conventional banks amid oil price uncertainty
The influence of religiosity on stock price performance continues to be a subject of debate, particularly in dual banking systems, where Islamic banks (IBs) operate alongside conventional banks (CBs). This study uses an extensive dataset and applies a recursive window-based asymmetric VAR-GARCH-in-mean-BEKK model to examine the impact of oil price uncertainty (OPU) on IBs and CBs' stock returns in net oil-exporting (Egypt, Indonesia, Kuwait, Nigeria, Oman, Qatar, Saudi Arabia, and the UAE) and oil-importing (Bangladesh, Jordan, Pakistan, and Turkey) countries. Although the findings provide partial insights into IB resilience, they are inconclusive enough to holistically confirm the superiority of either IBs or CBs. This study contributes to the existing literature and emphasizes the need for further investigation of these dynamics. Understanding the effect of OPU on bank profitability is essential for long-term investors, policymakers, and those involved in regulatory reforms focused on promoting economic growth, profitability, and risk management within a dual banking system.
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来源期刊
Energy Economics
Energy Economics ECONOMICS-
CiteScore
18.60
自引率
12.50%
发文量
524
期刊介绍: Energy Economics is a field journal that focuses on energy economics and energy finance. It covers various themes including the exploitation, conversion, and use of energy, markets for energy commodities and derivatives, regulation and taxation, forecasting, environment and climate, international trade, development, and monetary policy. The journal welcomes contributions that utilize diverse methods such as experiments, surveys, econometrics, decomposition, simulation models, equilibrium models, optimization models, and analytical models. It publishes a combination of papers employing different methods to explore a wide range of topics. The journal's replication policy encourages the submission of replication studies, wherein researchers reproduce and extend the key results of original studies while explaining any differences. Energy Economics is indexed and abstracted in several databases including Environmental Abstracts, Fuel and Energy Abstracts, Social Sciences Citation Index, GEOBASE, Social & Behavioral Sciences, Journal of Economic Literature, INSPEC, and more.
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