Matches in SemOpenAlex for { <https://semopenalex.org/work/W4288039478> ?p ?o ?g. }
- W4288039478 endingPage "e0268906" @default.
- W4288039478 startingPage "e0268906" @default.
- W4288039478 abstract "Despite a direct ban on charging interest, interest-based benchmarks are used as a pricing reference by a majority of Islamic banks, due in part to the absence of stable and widely- published alternatives. Benchmarking interest rate exposes Islamic banks to the problems of conventional banks, particularly the interest rate risk. Against this backdrop, the present study empirically examines the dynamic linkage between the interest rate volatility and the financing of Islamic banks. The empirical analysis is carried using evidence from the Islamic banking industry of Pakistan during the time period 2006–2020. The multivariate Johansen and Jusiles Co-integration test and Vector Error Correction Model (VECM) are used as the baseline econometric models. Moreover, the DCC-GARCH model is employed for robustness and ensuring the consistency of results. The results indicate that a significant long-term and short-term relationship exists between the interest rate volatility and the financing of Islamic banking industry providing significant evidence for co-movements and convergence. These findings suggest that paradoxical as it may seem, the financing of Islamic banks operating within a dual banking system is subject to interest rate risk, mainly due to benchmarking interest rate, which in-turn makes Islamic banks vulnerable to the rate of return risk and withdrawal risk. Moreover, corporate financing, in particular, is more vulnerable to interest rate risk." @default.
- W4288039478 created "2022-07-27" @default.
- W4288039478 creator A5002441159 @default.
- W4288039478 creator A5016129116 @default.
- W4288039478 creator A5025655569 @default.
- W4288039478 creator A5047997786 @default.
- W4288039478 creator A5057927822 @default.
- W4288039478 creator A5083791792 @default.
- W4288039478 date "2022-07-26" @default.
- W4288039478 modified "2023-09-30" @default.
- W4288039478 title "Interest rate volatility and financing of Islamic banks" @default.
- W4288039478 cites W1527195132 @default.
- W4288039478 cites W1587141723 @default.
- W4288039478 cites W1594394323 @default.
- W4288039478 cites W1727659491 @default.
- W4288039478 cites W1874781500 @default.
- W4288039478 cites W1979575715 @default.
- W4288039478 cites W1992245729 @default.
- W4288039478 cites W1999996900 @default.
- W4288039478 cites W2006938230 @default.
- W4288039478 cites W2012332260 @default.
- W4288039478 cites W2013868154 @default.
- W4288039478 cites W2036290780 @default.
- W4288039478 cites W2051094650 @default.
- W4288039478 cites W2063593194 @default.
- W4288039478 cites W2071170542 @default.
- W4288039478 cites W2072388065 @default.
- W4288039478 cites W2078566894 @default.
- W4288039478 cites W2095364399 @default.
- W4288039478 cites W2097580026 @default.
- W4288039478 cites W2127225860 @default.
- W4288039478 cites W2132810546 @default.
- W4288039478 cites W2137136177 @default.
- W4288039478 cites W2137787185 @default.
- W4288039478 cites W2142837721 @default.
- W4288039478 cites W2193255082 @default.
- W4288039478 cites W2318114532 @default.
- W4288039478 cites W2507854658 @default.
- W4288039478 cites W2610575825 @default.
- W4288039478 cites W2613803653 @default.
- W4288039478 cites W2673808709 @default.
- W4288039478 cites W2744810878 @default.
- W4288039478 cites W2745337499 @default.
- W4288039478 cites W2803385044 @default.
- W4288039478 cites W2807540682 @default.
- W4288039478 cites W2898198413 @default.
- W4288039478 cites W2909498179 @default.
- W4288039478 cites W2940013743 @default.
- W4288039478 cites W2940704754 @default.
- W4288039478 cites W2960705635 @default.
- W4288039478 cites W2980255358 @default.
- W4288039478 cites W3003414052 @default.
- W4288039478 cites W3120544645 @default.
- W4288039478 cites W3122639299 @default.
- W4288039478 cites W3123689384 @default.
- W4288039478 cites W3124087472 @default.
- W4288039478 cites W3161057844 @default.
- W4288039478 cites W4206051650 @default.
- W4288039478 cites W4249622168 @default.
- W4288039478 cites W4299500788 @default.
- W4288039478 cites W4361805280 @default.
- W4288039478 doi "https://doi.org/10.1371/journal.pone.0268906" @default.
- W4288039478 hasPubMedId "https://pubmed.ncbi.nlm.nih.gov/35881655" @default.
- W4288039478 hasPublicationYear "2022" @default.
- W4288039478 type Work @default.
- W4288039478 citedByCount "2" @default.
- W4288039478 countsByYear W42880394782022 @default.
- W4288039478 countsByYear W42880394782023 @default.
- W4288039478 crossrefType "journal-article" @default.
- W4288039478 hasAuthorship W4288039478A5002441159 @default.
- W4288039478 hasAuthorship W4288039478A5016129116 @default.
- W4288039478 hasAuthorship W4288039478A5025655569 @default.
- W4288039478 hasAuthorship W4288039478A5047997786 @default.
- W4288039478 hasAuthorship W4288039478A5057927822 @default.
- W4288039478 hasAuthorship W4288039478A5083791792 @default.
- W4288039478 hasBestOaLocation W42880394781 @default.
- W4288039478 hasConcept C106159729 @default.
- W4288039478 hasConcept C138885662 @default.
- W4288039478 hasConcept C144133560 @default.
- W4288039478 hasConcept C162324750 @default.
- W4288039478 hasConcept C175025494 @default.
- W4288039478 hasConcept C187736073 @default.
- W4288039478 hasConcept C27206212 @default.
- W4288039478 hasConcept C29944286 @default.
- W4288039478 hasConcept C4445939 @default.
- W4288039478 hasConcept C556758197 @default.
- W4288039478 hasConcept C86251818 @default.
- W4288039478 hasConcept C91602232 @default.
- W4288039478 hasConceptScore W4288039478C106159729 @default.
- W4288039478 hasConceptScore W4288039478C138885662 @default.
- W4288039478 hasConceptScore W4288039478C144133560 @default.
- W4288039478 hasConceptScore W4288039478C162324750 @default.
- W4288039478 hasConceptScore W4288039478C175025494 @default.
- W4288039478 hasConceptScore W4288039478C187736073 @default.
- W4288039478 hasConceptScore W4288039478C27206212 @default.
- W4288039478 hasConceptScore W4288039478C29944286 @default.
- W4288039478 hasConceptScore W4288039478C4445939 @default.
- W4288039478 hasConceptScore W4288039478C556758197 @default.