Islamic Banking: Interest-Free or Interest-Based?

By B. Chong, Ming-Hua Liu. 2009

985 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/7f37055a27ffbcfdb35b047960e70afcab9f99e6

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

In Economics and Econometrics

In Finance

Citations in the corpus

ISLAMIC BANKS AND FINANCIAL STABILITY: A COMPARATIVE EMPIRICAL ANALYSIS BETWEEN MENA AND SOUTHEAST ASIAN COUNTRIES (2013, result): “Our results are consistent with Čihák and Hesse (2010). These authors show that the smaller banks tend to focus on lower risk investments, whereas more PLS financing is conducted by large Islamic banks.”
Islamic Finance:Opportunities, Challenges, and Policy Options (2015, background): “Model, Efficiency and Stability," Policy Research Working Paper 5446, World Bank, Washington, DC.”
Islamic Financial Institutions and Corporate Governance: New Insights for Agency Theory (2009, background): “Malaysia is believed to have the most developed Islamic finance industry in the world, despite the fact that the operations of Islamic banks in the country more closely resemble those of conventional banks (Chong and Liu, 2009).”
An Overview of Islamic Finance (2015, background): “According to Krasicka and Nowak (2012) and Chong and Liu (2009), Islamic banks are not different from conventional banks in Malaysia.”
Finance-Growth Nexus and Dual-Banking Systems: Relative Importance of Islamic Banks (2016, background): “7 We follow existing literature (see e.g. Aggarwal and Yousef, 2000 Chong and Liu, 2009; Beck et al, 2013 and Abedifar et al, 2013) and assume that Islamic commercial banks follow a profit maximization strategy similar to conventional commercial banks within the constraints imposed by Sharia, e.g.…”
Developments in Risk Management in Islamic Finance: A Review (2019, background): “1 Using a sample of 48 financial institutions in Malaysia for the period of 1995 to 2004, Chong and Liu (2009) examined whether Islamic banking is different from conventional banking.”
Customer's criteria for selecting an Islamic bank: evidence from Pakistan (2011, background): “That is why Islamic banks put more in the effort to position their salient features in line with customer needs, which requires them to monitor customer preferences for their investments and borrowing options closely so as to design appropriate business strategies ( Chong and Liu, 2006”