TY - BOOK ID - 84541798 TI - Islamic Banks and Financial Stability : An Empirical Analysis AU - Cihak, Martin. AU - Hesse, Heiko. PY - 2008 SN - 1462327567 1452784418 1283211238 9786613823397 1451913311 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Banks and banking KW - Banks and banking, Islamic KW - Islamic banks and banking KW - Non-interest banks, Islamic KW - Religious aspects KW - Islam. KW - Banks and Banking KW - Finance: General KW - Macroeconomics KW - Islamic Banking and Finance KW - Other Economic Systems: Public Economics KW - Financial Economics KW - Banks KW - Depository Institutions KW - Micro Finance Institutions KW - Mortgages KW - Personal Income, Wealth, and Their Distributions KW - General Financial Markets: Government Policy and Regulation KW - Banking KW - Finance KW - Islamic banking KW - Commercial banks KW - Personal income KW - Financial sector stability KW - Islamic countries KW - Income KW - Financial services industry KW - Iran, Islamic Republic of UR - https://www.unicat.be/uniCat?func=search&query=sysid:84541798 AB - The relative financial strength of Islamic banks is assessed empirically based on evidence covering individual Islamic and commercial banks in 18 banking systems with a substantial presence of Islamic banking. We find that (i) small Islamic banks tend to be financially stronger than small commercial banks; (ii) large commercial banks tend to be financially stronger than large Islamic banks; and (iii) small Islamic banks tend to be financially stronger than large Islamic banks, which may reflect challenges of credit risk management in large Islamic banks. We also find that the market share of Islamic banks does not have a significant impact on the financial strength of other banks. ER -