The causality between returns of interest-based banks and Islamic banks: the case of Turkey
INTERNATIONAL JOURNAL OF ISLAMIC AND MIDDLE EASTERN FINANCE AND MANAGEMENT, vol.7, no.4, pp.443-456, 2014 (ESCI, Scopus)
- Publication Type: Article / Article
- Volume: 7 Issue: 4
- Publication Date: 2014
- Doi Number: 10.1108/imefm-07-2014-0072
- Journal Name: INTERNATIONAL JOURNAL OF ISLAMIC AND MIDDLE EASTERN FINANCE AND MANAGEMENT
- Journal Indexes: Emerging Sources Citation Index (ESCI), Scopus
- Page Numbers: pp.443-456
- Keywords: Bank deposit rate, Interest rate risk, Islamic banking
- Anadolu University Affiliated: Yes
Abstract
Purpose - This study aims to test whether the Islamic bank rate of returns are affected by the deposit rates of the interest-based bank in Turkey and whether they need to develop additional tools to manage it if they face an interest risk.