• Competition, regulation, and systemic risk in dual banking systems 

      Ernaningsih, Indria; Smaoui, Houcem; Ben Salah, Ines ( Elsevier Inc. , 2024 , Article)
      This study investigates the impact of competition and banking regulation on the systemic risk of Islamic Banks (IBs) and Conventional Banks (CBs). Utilizing a random effects panel model with robust errors and an unbalanced ...
    • Do sukuk spur infrastructure development? 

      Smaoui, Houcem; Mimouni, Karim; Ben Salah, Ines ( Emerald Insight , 2021 , Article)
      Purpose: This paper aims to examine the effect do Sukuk Spur Infrastructure Development of Sukuk market expansion on infrastructure development for a sample of 15 emerging countries over the period 1997–2018. The paper ...
    • Funding liquidity risk and banks' risk-taking: Evidence from Islamic and conventional banks 

      Smaoui, Houcem; Mimouni, Karim; Miniaoui, Héla; Temimi, Akram ( Elsevier , 2020 , Article)
      The purpose of this paper is to investigate the impact of funding liquidity risk on the risk-taking behaviour of Islamic and conventional banks. Using bank-level and country-level data from 18 countries over the period ...
    • The impact of Sukuk on the insolvency risk of conventional and Islamic banks 

      Smaoui, Houcem; Mimouni, Karim; Temimi, Akram ( 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 ...
    • Subsidies vs. deposits and cost inefficiency in microfinance 

      Moh'd, Al-Azzam; Mimouni, Karim; Smaoui, Houcem; Temimi, Akram ( Elsevier , 2022 , Article)
      Lending tiny loans to poor clients lacking credit history and enough collateral is an expensive business for microfinance institutions (MFIs). Minimizing cost inefficiency is important if MFIs are to meet their dual mission ...
    • Sukuk, banking system, and financial markets: Rivals or complements? 

      Smaoui, Houcem; Mimouni, Karim; Temimi, Akram ( 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 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 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 Politics of Sovereign Credit Spreads 

      Smaoui, Houcem; Boubakri, Narjess; Cosset, Jean Claude ( Routledge , 2017 , Article Review)
      Using a large sample of 35 developing countries for the period 1993-2009, we provide strong and robust evidence that the political institutions in place play a significant role in explaining sovereign spreads. In particular, ...