The Influence of Shariah Supervisory Board on the Financial Stability of Islamic Banks-Reference-Cited by-同舟云学术

The Influence of Shariah Supervisory Board on the Financial Stability of Islamic Banks

Published:2023-01-03 Issue: Volume: Page:33-50
ISSN:2327-350X
Container-title:Examining the Vital Financial Role of SMEs in Achieving the Sustainable Development Goals
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Author:

Khalil Afef¹,Chihi Sabrine²,Abdelli Mohammed El Amine³^ORCID,Ben Slimene Imen⁴,Bentouir Naima⁵

Affiliation:

1. ISCAE, University of Manouba, Tunisia

2. Cresppa-GTM, UMR 7217, CNRS-University of Paris 8, France & University of Tunis, El Manar, Tunisia

3. University of Western Brittany, France

4. University of Upper Alsace,France

5. Ain Temouchent University, Algeria

Abstract

The chapter studies the impact of the shariah board's characteristics on the financial stability of Islamic banks. Regression analysis is used to investigate the effect of the shariah board's characteristics on the financial stability of Islamic banks, employing a panel data set of 60 Islamic banking from 2015 to 2018. The findings show that a skilled shariah scholar and a female member have a negative effect on the financial stability of Islamic banks. However, the interlocked shariah scholars and foreigners positively influence the financial stability of banks. Plus, the results indicate that the religious leader (Mufti) and shariah board's size have no significant influence on the financial stability of Islamic banking. This study enhances the literature analysis on corporate governance frameworks and their effect on Islamic banking's financial stability.

Publisher

IGI Global

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