A Note on the Profitability of African Banks: Islamic versus Conventional
8 Pages Posted: 11 Jun 2020
Date Written: May 17, 2020
This paper aims to examine and compare the profitability of Islamic and conventional banks located in 20 African countries over the period 2009-2018. Based on a sample of 21 Islamic banks and 297 conventional banks, this study shows that Islamic banks perform better than conventional banks in Africa. This result is driven by large banks.
Keywords: Profitability, Islamic Banks, Business cycle, Panel data, Africa.
JEL Classification: E44, G21, G32, L10, O16.
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