IDEAS home Printed from https://ideas.repec.org/a/asi/aeafrj/v6y2016i6p298-309id1486.html
   My bibliography  Save this article

Comparative Analysis of Islamic and Conventional Banks in the UAE During the Financial Crisis

Author

Listed:
  • Issam Tlemsani
  • Huda Al Suwaidi

Abstract

The discourses of Islamic and conventional finance differ according to the principles of Islamic finance there is no separation of the spiritual and the secular. Islamic finance is explicitly concerned with spiritual values and social justice, in contrast to conventional finance, which is based on the maximization of individual utility, welfare and choice, as expressed for example in the shareholder value model. Islamic and conventional banks respond differently to financial shocks. This study analyses the performance of Islamic and conventional banking systems in the UAE during the financial crisis. The study was undertaken in two stages, first a comparative analysis one Islamic and one conventional banks from 2007 until 2008. Secondly, a cross sectional analysis, between the Islamic (8 banks) and conventional banking sector (43 banks) that operated in the UAE during the period 2007-2008 was undertaken.

Suggested Citation

  • Issam Tlemsani & Huda Al Suwaidi, 2016. "Comparative Analysis of Islamic and Conventional Banks in the UAE During the Financial Crisis," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 6(6), pages 298-309.
  • Handle: RePEc:asi:aeafrj:v:6:y:2016:i:6:p:298-309:id:1486
    as

    Download full text from publisher

    File URL: https://archive.aessweb.com/index.php/5002/article/view/1486/2130
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Lina Nugraha Rani & Eko Fajar Cahyono, 2018. "A Comparative Analysis between Islamic Banks and Conventional Banks in Indonesia Before and After Global Financial Crisis," Economics and Finance in Indonesia, Faculty of Economics and Business, University of Indonesia, vol. 64, pages 131-144, Desember.
    2. Achraf Haddad & Anis El Ammari & Abdelfettah Bouri, 2019. "Are Islamic banks really more solvent than conventional banks in a financially stable period?," Asian Journal of Empirical Research, Asian Economic and Social Society, vol. 9(11), pages 346-366, November.
    3. Oprea Raluca Ioana, 2017. "A Split in The Middle East Financial System," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 573-577, June.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:asi:aeafrj:v:6:y:2016:i:6:p:298-309:id:1486. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Robert Allen (email available below). General contact details of provider: https://archive.aessweb.com/index.php/5002/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.