• Does sukuk market development spur economic growth? 

      Smaoui, Houcem; Nechi, Salem ( Elsevier Ltd , 2017 , Article)
      We investigate the impact of sukuk market development on economic growth using a sample comprising all sukuk-issuing countries spanning the period 1995-2015. We use the system GMM estimator to tackle potential omitted ...
    • Sukuk market development and Islamic banks’ capital ratios 

      Houcem, Smaoui; Ghouma, Hatem ( Elsevier , 2020 , Article)
      This paper investigates the impact of Sukuk market development on Islamic banks’ capital ratios using a sample comprising 230 Islamic banks spanning the period 2005–2014. We characterize Islamic bank capital along multiple ...
    • The Determinants of Bond Market Development: Further Evidence from Emerging and Developed Countries 

      Smaoui, Houcem; Grandes, Martin; Akindele, Akintoye ( Elsevier B.V. , 2017 , Article)
      The objective of this paper is to empirically investigate the structural, financial, developmental, institutional, and macroeconomic determinants of bond market development for a sample of 22 emerging and developing countries ...
    • The determinants of capital ratios in Islamic banking 

      Smaoui,Houcem; BenSalah, Ines; Diallo, Boubacar ( Elsevier B.V. , 2019 , Article)
      We investigate the determinants of capital ratios in contemporary Islamic banking using a sample comprising 122 Islamic banks (IBs) spanning the period 2000-2014. We measure IBs' capital holdings using the capital-to-total ...
    • The Determinants of Sukuk Market Development 

      Smaoui, Houcem; Khawaja, Mohsin ( Routledge , 2017 , Article)
      The objective of this article is to empirically investigate the structural, financial, developmental, institutional, and macroeconomic determinants of Sukuk market development for a sample of 13 countries over the period ...
    • The impact of Sukuk on the performance of conventional and Islamic banks 

      Mimouni K.; Smaoui H.; Temimi A.; Al-Azzam M. ( Elsevier B.V. , 2019 , Article)
      This paper examines the impact of Sukuk market development on banks' profitability using a dataset of 71 Islamic banks (IBs) and 146 conventional banks (CBs) spanning 13 countries over the 2003–2014 period. Using a dynamic ...