This chapter investigates the presence of a difference in the systemic risk
level between Islamic and conventional banks in Bangladesh. The authors
compare systemic resilience of three types of banks: fully fledged Islamic
banks, purely conventional banks (CB), and CB with Islamic windows.
The authors use the market-based systemic risk measures of marginal
expected shortfall and systemic risk to identify which type is more vulnerable
to a systemic event. The authors also use ΔCoVaR to identify which
type contributes more to a systemic event. Using a sample of observations
on 27 publicly traded banks operating over the 2005–2014 period,
the authors find that CB is the least resilient sector to a systemic event,
and is the one that has the highest contribution to systemic risk during
crisis times.

العنوان

International Finance Review

الناشر

Emerald Publishing Limited

بلد الناشر

الولايات المتحدة الأمريكية

Indexing

Scopus

معامل التأثير

None

نوع المنشور

Both (Printed and Online)

المجلد

19

السنة

2018

الصفحات

37-68