A Note on the Profitability of African Banks: Islamic versus Conventional

8 Pages Posted: 11 Jun 2020

Date Written: May 17, 2020

Abstract

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.

Suggested Citation

Boungou, Whelsy, A Note on the Profitability of African Banks: Islamic versus Conventional (May 17, 2020). Available at SSRN: https://ssrn.com/abstract=3603046 or http://dx.doi.org/10.2139/ssrn.3603046

Whelsy Boungou (Contact Author)

PSB Paris School of Business

59 rue Nationale
Paris, 75013
France

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