This paper contributes to the empirical literature on interest-free finance by investigating the feature of interest-free and conventional banks in Turky and 6 MENA countries over the period 2005–2014. To distinguish between interest-free and conventional banks [in terms of Profitability,...

This paper consider Tunisian banks case study over the period 2005–2014. The long run comparison analysis based on t-test between interest-free banks (IFB) and conventional banks (CB) of bank specific factors indicates that there are difference between Islamic and conventional banks behavior....

This paper contributes to the empirical literature on interest-free finance by investigating the feature of interest-free (IB) and conventional banks (CBs) in Quatar over the period 2005–2014. To distinguish between IBs and CBs, we use at first stage two-sided t-test. With univariate...

This paper consider Turkish banks case study over the period 2005–2014. To distinguish between interest-free and conventional banks, we use two-sided t-test, Multi-dimension figures, regression comparison method and Dynamic Fixed Effect (DFE) model. The long run comparison analysis [based on...

1970’s financial liberalization has been followed by the liberalization of commercial markets in the process of globalization. Liberalization of financial markets has caused the acceleration of capital flows and the increase of their volume. Capital that flows to developing countries suffering...

The theory of fair geometric returns, F theory for short, rejects the generally accepted notion that volatility is the risk of risky assets. Instead, it claims that capital market volatility, in turn, constitutes the maximum achievable geometric return. In order to get to the point, F theory, in...

We address the safe haven properties of gold relative to US stock market sector indices using the bivariate cross-quantilogram of Han et al. (2016). Splitting our sample into pre- and post-crisis periods, our results show that the safe haven properties of gold have a changing nature. Before and...

This paper examines relationships between theory of financial risk and size. Based on the work of Makridakis / Taleb [2009] and Taleb / Tapiero [2009], presents the problems of excessive risk and imbalances caused by the size of firms. Markets mixed on firm growth traps externalities can...

In this paper, we investigate the short-run and the long-run relationship among the financial assets of the money market funds, the commercial paper, and the repurchase agreement markets by undertaking a cointegration analysis of quarterly data over the 1985-2017 period. The evidence suggests...

This paper investigates the evolution of systemic risk in the Turkish banking sector over the past two decades using comovement of banks’ stock returns as a systemic risk indicator. In addition, we explore possible determinants of systemic risk, the knowledge of which can be a useful input...