Journal of the Knowledge Economy

, Volume 10, Issue 1, pp 365–379 | Cite as

The Stability of Islamic and Conventional Banks in the MENA Region Countries During the 2007–2012 Financial Crisis

  • Besma HamdiEmail author
  • Mohamed Abdouli
  • Afifa Ferhi
  • Mouna Aloui
  • Sami Hammami


The objective of this study is to determine the stability of Islamic and conventional banks of 13 countries during the current subprime and the eurozone crisis. In this study, we used a sample of 69 Islamic and 88 classic banks over the 2003/2012 period. The method of the ordinary least squares is applied to examine the stability of both financial sectors. Our results show that the stability of Islamic banks is a little higher than that of conventional banks.


Islamic banks Conventional banks Z score Stability Financial crisis 


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Copyright information

© Springer Science+Business Media New York 2017

Authors and Affiliations

  • Besma Hamdi
    • 1
    Email author
  • Mohamed Abdouli
    • 1
  • Afifa Ferhi
    • 2
  • Mouna Aloui
    • 1
  • Sami Hammami
    • 1
  1. 1.Faculty of Economics and ManagementUniversity of SfaxSfaxTunisia
  2. 2.Higher Institute of management TunisTunisTunisia

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