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Islamic Banks and Financial Stability: An Empirical Analysis Discussing the Results of an IMF Working Paper البنوك الإسلامية والاستقرار المالي: تحليل تجريبي مناقشة نتائج ورقة عمل صادرة عن صندوق النقد الدولي

Author

Listed:
  • Ahmed M. Belouafi

    (Islamic Economics Research Centre King Abdulaziz University, Jeddah, Saudi Arabia.)

Abstract

This paper discusses the results of the working paper published in January 2008 under the title Islamic Banks and Financial Stability: An Empirical Analysis, by Martin Čihák and Heiko Hesse; two IMF researchers. The scope of the discussion comes under three headings: Financial Stability: definition and importance, overview about the working paper and its methodology, and results and discussion. During the discussion the paper identifies some important areas that need more investigation and analysis. تناقش هذه الورقة نتائج ورقة العمل التي أعدها الباحثان مارتن شيهاك وهيكو هيس من صندوق النقد الدولي، والتي نشرت في يناير 2008م بعنوان البنوك الإسلامية والاستقرار المالي، وقد انتظم العرض في ثلاثة عناصر؛ الاستقرار المالي: المفهوم والأهمية، ونظرة عامة حول ورقة العمل ومنهجها، وختمت الورقة بالنتائج ثم المناقشة. وفي ثنايا العرض والمناقشة تطرقت الورقة إلى بعض الجوانب التي تحتاج إلى مزيد من البحث والتقصي.

Suggested Citation

  • Ahmed M. Belouafi, 2008. "Islamic Banks and Financial Stability: An Empirical Analysis Discussing the Results of an IMF Working Paper البنوك الإسلامية والاستقرار المالي: تحليل تجريبي مناقشة نتائج ورقة عمل صادرة عن صندوق النقد ," Journal of King Abdulaziz University: Islamic Economics, King Abdulaziz University, Islamic Economics Institute., vol. 21(2), pages 69-93, July.
  • Handle: RePEc:abd:kauiea:v:21:y:2008:i:2:no:8:p:69-93
    DOI: 10.4197/islec.21-2.8
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