期刊名称：Journal of Islamic Monetary Economics and Finance
印刷版ISSN：2460-6146
电子版ISSN：2460-6618
出版年度：2020
卷号：6
期号：1
页码：135-162
DOI：10.21098/jimf.v6i1.1195
语种：English
出版社：Bank Indonesia
摘要：We use a new dataset on Islamic banks to link regulation and bank efficiency. Specifically,we examine how bank efficiency is influenced by: (i) bank regulation,(ii) institutional variables,(iii) economic freedom,and (iv) Shariah law parameters. Our hypothesis attempts to prove that better regulation will produce a higher level of efficiency. We will also try to prove that the Shariah law parameter will promote better efficiency among Islamic banks. Data Envelopment Analysis (DEA) is used to measure efficiency,while the panel data method is used to analyse the data. Specifically,our results suggest that a significant relationship exists between bank efficiency and greater restrictions on Islamic bank activities. The results also show that regulatory quality has a positive and significant impact on bank efficiency. The negative coefficient of the economic freedom indicates that Islamic banks have a greater ability to enter into the banking industry and obtain an easy licence,create products and services,and close the business. All would dampen bank efficiency. Overall,our findings support the argument that regulation should be adapted to the risk and size level of the Islamic banks that are being regulated.
关键词：Bank regulation;Efficiency;Panel data;DEA;Maqasid shariah index
