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2024 | OriginalPaper | Buchkapitel

A Comparative Financial Analysis Between Islamic and Conventional Financial Institutions in Kuwait

verfasst von : Sauod A. A. F. AL-Dabboos, Syed Musa Bin Syed Jaafar Alhabshi, Nur Farhah Binti Mahadi

Erschienen in: Technology: Toward Business Sustainability

Verlag: Springer Nature Switzerland

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Abstract

This study evaluates the performance of Kuwaiti Islamic Financial Institutions (KIFIs) between 2000 and 2020 in the light of their conventional counterparts (KCFIs) using their daily stock prices. A causal-comparative research design was utilized to evaluate the performances before, during and after the 2007/08 financial crisis as well as during the COVID-19 pandemic. The study established that there was a statistically significant difference between their mean performances before the crisis. However, it did not establish a statistically significant difference between their performances during and after the crisis as well as during the COVID-19 pandemic. The results suggest that the Islamic indexes are highly screened; thus, becoming very close to socially responsible investment. The study is among the first ones to be conducted in Kuwaiti; hence, bridges a knowledge gap in Kuwaiti.

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Metadaten
Titel
A Comparative Financial Analysis Between Islamic and Conventional Financial Institutions in Kuwait
verfasst von
Sauod A. A. F. AL-Dabboos
Syed Musa Bin Syed Jaafar Alhabshi
Nur Farhah Binti Mahadi
Copyright-Jahr
2024
Buch
Technology: Toward Business Sustainability

Print ISBN: 978-3-031-54008-0

Electronic ISBN: 978-3-031-54009-7

Copyright-Jahr: 2024

DOI
https://doi.org/10.1007/978-3-031-54009-7_44

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