A Comparison of Leverage and Profitability of Islamic and Conventional Banks
Université Montpellier I; University of Sousse
Université de Rennes I
Independent; University of Sousse
May 1, 2011
International Conference of the French Finance Association (AFFI), May 11-13, 2011
The aim of this research is to determine empirically differences between Islamic and conventional banks with particular focus on their financial characteristics such as leverage and profitability. Our sample is made of Islamic and conventional banks, resulting in a panel of 545 observations with 250 of these observations being for Islamic banks, from 18 countries over the period 2004-2008. We run t-test of equality of means, a binary logistic regression and a discriminant analysis using leverage and profitability ratios and their determinants. Results provide broad evidence on differences in leverage and profitability across conventional and conventional banks.
Number of Pages in PDF File: 21working papers series
Date posted: May 12, 2011
© 2013 Social Science Electronic Publishing, Inc. All Rights Reserved.
This page was processed by apollo1 in 0.328 seconds