Bouslama, Ghassen
November 2009
Revue d'Économie Financière;nov2009, Vol. 95, p325
Academic Journal
Showing a vigorous resistance to the actual financial crisis, the Islamic Finance sector continues to achieve sustained high growth. Indeed, Islamic banks are slightly exposed to the risks generated by the subprimes loans than conventional banks. Profiting from a continual surge from the petrodollars and the repatriation of some capital after September 11th, the Gulf region takes advantage today of an important liquidity concentration. This raises the question of how France will draw this capital to the Paris financial place. Thus, recently, in addition to the difficulties faced by many financial companies and liquidity problems between different banks, interrogations raise about France position toward Islamic finance. This paper analyzes the projections, the challenges and the opportunities given by this sector in France. If the debate on its development on the Hexagon is only at its beginnings, some French banks are already very active there. This paper tries to analyze the trades' lines and the expertise developed by these banks outside France. This study puts forward the performance of these banks which are sometimes leaders on some areas of Islamic Finance.


Related Articles

  • Cost-cuffing pays off. Tora, Brian // Money Marketing;9/2/2010, p16 

    The article discusses the aspects of marketing expenditures that need to be manage during the period of financial crisis.

  • THE ROLE OF FINANCIAL FRICTIONS IN THE DYNAMICS OF ROMANIAN ECONOMY. Caraiani, Peter // Economic Computation & Economic Cybernetics Studies & Research;2010, Vol. 44 Issue 3, p1 

    The article discusses the role of financial crisis on the economic performance of Romania. It examines the financial catalyst in a dynamic New Keynesian model which adds to the understanding of the credit market deficiencies. It reveals that the existence of financial frictions contributed to...

  • Monetary policy announcements and stock reactions: An international comparison Wang, Shen; Mayes, David G. // North American Journal of Economics & Finance;Aug2012, Vol. 23 Issue 2, p145 

    Abstract: This article investigates the impact of domestic monetary policy rate announcements on the stock markets of New Zealand, Australia, the United Kingdom and the euro area, using event-study methods to identify stock price reactions to the unanticipated/surprise component of...

  • The Globalization in the Crisis Context. MARINESCU, Radu Titus // Romanian Statistical Review;2012, Issue Sup, p127 

    The succession of the crises back in the years '90, in Mexico, followed by Thailand, Indonesia , Korea, continuing with Russia, Turkey, Brazil and the last but not the least, Argentina, let many analysts to allege that these financial crises are an inevitable result of the globalization. The...

  • Learning from a crash. Clitheroe, Paul // Money (Australia Edition);Sep2002, p34 

    Focuses on stock market crashes. Reason for the stock market crash in the U.S.; Opinion on accounting fraud in companies; Projection on the stock market.

  • Denial, Anger and Acceptance. Knight, Angela // Newsweek (Atlantic Edition);9/29/2008 (Atlantic Edition), Vol. 152 Issue 14, p36 

    The article describes the response of banks and regulators in Great Britain to the 2008 U.S. financial crisis. The merger of two major retail banks in Great Britain is noted, the general acceleration of events is discussed, and different stages of response to the crisis are mentioned. Prime...

  • Credit crunch hits chem trade. Chang, Joseph // ICIS Chemical Business;10/20/2008, Vol. 274 Issue 15, p10 

    The article reports on the impact of the global financial crisis towards chemical trading worldwide. The author stated that Indian banks are cutting cash credit limit by as much as 20% to 50%. Meanwhile, U.S. banks are letting their customers know that they cannot let slide with their...

  • The Echoes of Crisis. Karabell, Zachary // Newsweek (Atlantic Edition);9/29/2008 (Atlantic Edition), Vol. 152 Issue 14, p32 

    The author's views about the scope of the impact of the 2008 U.S. financial crisis are presented. Although meltdowns in the securities and stock markets may have heavy implications, the author notes, the the U.S. economy will see less problems than the financial industry. Examples of relative...

  • IS FINANCE RESEARCH A "NORMAL SCIENCE"? A BIBLIOMETRIC STUDY OF THE STRUCTURE AND DEVELOPMENT OF FINANCE RESEARCH FROM 1988 TO 2007. Schäffer, Utz; Nevries, Pascal; Fikus, Christian; Meyer, Matthias // Schmalenbach Business Review (SBR);Apr2011, Vol. 63 Issue 2, p189 

    In the wake of the financial crisis of 2008/09, finance research has been criticized for an ineffective allocation of research efforts and a narrowing research focus. We address this discussion via a quantitative analysis of 4,064 articles published in the top four finance journals between 1988...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics