The global financial crisis and its implications for the Islamic financial industry

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Efficiency and stability: A comparative study between islamic and conventional banks in GCC countries (2017, background): “Scholars, in the post-crisis period, are increasingly interested to assess if profit and loss sharing based Islamic banking is more stable than their conventional counterparts (Čihák & Hesse, 2010; Smolo & Mirakhor, 2010; Farooq & Zaheer, 2015).”