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Sukuk, banking system, and financial markets: Rivals or complements?
(
Elsevier B.V.
, 2017 , Article)
Using the system GMM estimation technique, we study the effects of the financial development on Sukuk markets using a panel dataset of 11 countries from 1995 to 2015. First, we find that Sukuk and bank financing are ...
The impact of Sukuk on the insolvency risk of conventional and Islamic banks
(
Springer
, 2019 , Article)
This paper investigates the impact of Sukuk market development on bank insolvency risk using a sample comprising 72 Islamic banks (IBs) and 145 conventional banks (CBs) spanning 15 countries over the 2003–2014 period. We ...