Work detail

An Application of Islamic Banking Principles in Azerbaijan

Author: Sabina Mammadli
Year: 2019 - summer
Leaders: prof. PhDr. Petr Teplý Ph.D.
Consultants:
Work type: CSF - Corporate Strategy and Finance
Masters
Language: English
Pages: 82
Awards and prizes:
Link: https://is.cuni.cz/webapps/zzp/detail/210919/
Abstract: This master thesis examines key differences between Islamic and conventional banks. We use a
data on 2374 banks from 47 countries for the 2010-2016 period. We apply comparative statistical
analysis, Ordinary Least Squares regression and System Generalized Method of Moments to
estimate the effects of both bank types on their profitability and stability. The contribution of the
thesis is threefold. First, we find a significantly higher profitability of Islamic banks compared to
conventional ones. Second, we did not find any evidence that Islamic banks are less stable. Finally,
we conclude that the women participation in financial activities is correlated with the development
of conventional, not Islamic, banks

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