A Recent (Partial) Survey on Islamic Finance

Çelik, Şaban; Ay, smail Çağrı

doi:10.12785/jifs/030202

Cited by 2 publications

(2 citation statements)

References 65 publications

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“…There are many studies in the financial literature that include comparisons between Islamic banks and liberal banks. These studies generally include evaluations of Islamic banks and liberal banks in terms of performance (Çelik & Ay, 2017). The findings obtained revealed different results.…”

Section: Literature Reviewmentioning

confidence: 99%

Risk Premium of Islam: Is there an additional charge of Islamic banking services

Çelik¹

2020

JIFS

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In this study, a comparative analysis of participation (Islamic) banks and liberal (conventional) banks within the banking system in Turkey in terms of distributing profit share rate applied by liberal banks and deposit interest rates applied by liberal banks is conducted. The data used for the analyses include annualized deposit interest rates implemented by liberal banks and annualized profit share rates implemented by participation banks within the frequency of monthly, quarterly, semi-annually and annually for the period 2002-2019. These rates are examined separately for Turkish Lira, EU Euro and US Dollar. Basic statistical inferences, correlation analysis, nonparametric difference tests, and VAR Granger causality analysis were applied in the study. It is found that profit share rates implemented by participation banks are less comptitive than those of equivalent deposit rates implemented by liberal banks in Turkey. The results implied that Islam society has a disadvantage of using Islamic Banking System in Turkey. It this paper, this situation is defined as risk premium of Islam implying that there is an opportunity cost for Muslim in islamic banking system.

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Section: Literature Reviewmentioning

confidence: 99%

Risk Premium of Islam: Is there an additional charge of Islamic banking services

Çelik¹

2020

JIFS

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“…In addition, when only the number of employees is analyzed, it is seen in the below mentioned graph that deposit banks shrank and participation banks grew during the years. There are few studies analysing Islamic banks efficiency by using Data Envelopment Analysis (Çelik & Ay, 2017). Rodoni, et.al.…”

Section: Research Findingsmentioning

confidence: 99%

Efficiency of Participation and Conventional Banks: Evidence from Turkey

Çelik¹,

Öncü²

2020

JIFS

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Measuring efficiency is a critical stage for decision making processes. Although previous studies show many aspects of Islamic banks that outperform conventional banks, this research investigates the most current evidence from banking sector. The purpose of the present study is to measure the efficiency of participation banks and conventional banks in Turkey. Data Envelopment Analysis (DEA) is used as a tool to measure the efficiency of sample data for the period from 2015 to 2018 on the annual basis. Results indicated that participation banks show better performance than those of conventional banks in terms of efficiency.

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A Recent (Partial) Survey on Islamic Finance

Cited by 2 publications

References 65 publications

Risk Premium of Islam: Is there an additional charge of Islamic banking services

Risk Premium of Islam: Is there an additional charge of Islamic banking services

Efficiency of Participation and Conventional Banks: Evidence from Turkey

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