TY  - JOUR
TT  - Islamic Finance: Is it a Time to be Considered as an Alternative during Financial Crisis Times? A Comparative Study in Gulf Cooperation Council
AU  - Salim, Badreldin F.
AU  - Mahmoud, Mohamed H.
PY  - 2016
DA  - May
JF  - International Journal of Economics and Financial Issues
JO  - IJEFI
PB  - İlhan ÖZTÜRK
WT  - DergiPark
SN  - 2146-4138
SP  - 1123
EP  - 1131
VL  - 6
IS  - 3
KW  - Islamic Finance
KW  - Conventional Banks
KW  - Financial Performance
KW  - Challenges
KW  - Financial Crisis
N2  - This paper investigates the difficulties facing Islamic finance performance during the financial crisis times and to what extent whether the time has now come to considered it as suitable alternative in such situations as there is general believe that it is the time now for Islamic Finance to be considered as a suitable alternative to the existing Conventional system particularly during the crisis times. The study examined the financial performance of three Islamic banks in the Middle East alongside with other three conventional ones operating in the same region. The study used the Ratio Analysis technique for evaluating sample banks performance during the crisis times. The study suggested that although Islamic banks have shown some positive indicators, they were actually facing some difficulties which are seems to be relevant to integral parts of the system itself, and those drawbacks may need to be systematically handled before reaching any such conclusion.
UR  - https://dergipark.org.tr/en/pub/ijefi/article/353804
L1  - https://dergipark.org.tr/en/download/article-file/364864
ER  -