This study determines whether it is possible to distinguish between conventional and Islamic banks in the Gulf Cooperation Council (GCC) region on the basis of financial characteristics alone. Islamic banks operate under different principles, such as risk sharing and the prohibition of interest, yet both types of banks face similar competitive conditions. The combination of effects means it is ...

Interest income is the most important source of revenue for most of the banks. The aim of this paper is to assess the impact of di erent interest rate scenarios on the banks' interest income. As we do not know the interest rate sensitivity of real banks, we construct for each bank a portfolio with a similar composition of its assets and liabilities, called 'tracking bank'. We evaluate the e ect...

This paper examines the corporate governance of banks. When banks efficiently mobilize and allocate funds, this lowers the cost of capital to firms, boosts capital formation, and stimulates productivity growth. Thus, weak governance of banks reverberates throughout the economy with negative ramifications for economic development. After reviewing the major governance concepts for corporations in...

This paper argues that banks must be sufficiently levered to have first-best incentives to make new risky loans. This result, which is at odds with the notion that leverage invariably leads to excessive risk taking, derives from two key premises that focus squarely on the role of banks as informed lenders. First, banks finance projects that they do not own, which implies that they cannot extrac...

Abstract – This paper introduces two-channel FIR filter banks synthesized using the frequencyresponse masking approach. The proposed filter banks have a lower computational complexity compared with conventional filter banks, especially when the individual filters have narrow transition bands. One price to pay is a somewhat increased overall delay. A design example is included illustrating the e...

objective: the clavulanic acid regulatory gene (clar) is in the clavulanic acid biosynthetic gene cluster that encodes clar. this protein is a putative regulator of the late steps of clavulanic acid biosynthesis. the aim of this research is the molecular cloning of clar, isolated from the iranian strain of streptomyces clavuligerus (s. clavuligerus). materials and methods: in this experimental ...