العربية

Research

  • Research
  • The impact of oil price volatility, gross domestic product, foreign d...
Article

The impact of oil price volatility, gross domestic product, foreign direct investment on islamic banking investments: An empirical evidence of the United Arab Emirates

Oct 15, 2018

DOI:

Published in: International Journal of Energy Economics and Policy

Publisher: EconJournals

Tabash Khan

The current paper examines the impact of oil price (OP) fluctuations on Islamic banking investments growth in the UAE. Besides, OP, the study also uses other variables like Gross Domestic Product and Foreign Direct Investment to identify the determinants of the Islamic banking investments growth in the emerging economy, UAE. The study is based on econometric analysis with the help of annual time series data from 1990 to 2015 for the study variables. Stationary tests, cointegration methods, vector error correction model, and Granger causality tests are used in the analysis. The major findings of the study revealed that OPs have long-term and short-term relationships on the Islamic banking investments in the UAE. Our results explore the importance of OP stabilization in enhancing growth and progress in the UAE economy. The Government of UAE should reform policies and procedures to minimize the effect of such volatility in OPs which in turn leads to positive impacts on the UAE economy as well.

Other Researches

An examination of consumers’ adoption of internet of things (IoT) in Indian banks

Green product as a means of expressing green behaviour: A cross-cultural empirical evidence from Malaysia and Nigeria

An empirical examination of the impact of country-level corporate governance on profitability of Indian banks

Factors affecting financial performance of indian firms: An empirical investigation of firms listed on bombay stock exchange

Family ownership concentration and real earnings management: Empirical evidence from an emerging market

The relationship between credit policy and firms' profitability: Empirical evidence from Indian pharmaceutical sector

Islamic Finance and Corporate Governance: A proposed Universal Mode

The impact of corporate governance on financial performance of Indian and GCC listed firms: An empirical investigation

The determinants of liquidity of Indian listed commercial banks: A panel data approach

empirical investigation between liquidity and key financial ratios of Islamic banks of United Arab Emirates (UAE)

The determinants of profitability of Indian commercial banks: A panel data approach

The impact of demonetization on indian firms’ performance: Does company’s age make a difference?

Identifying critical success factors for sustainable growth of Indian banking sector using interpretive structural modeling (ISM

The role of tribalism as mediator between employee empowerment and organizational commitment in Yemeni Islamic banking sector

Islamic financial investments and economic growth evidence from emerging economy, United Arab Emirates

Financial Performance Comparison of Islamic and conventional banks in the United Arab Emirates (UAE)

The impact of political instability, macroeconomic and bank-specific factors on the profitability of Islamic banks: An empirical evidence

Liquidity, profitability and solvency of UAE Banks: A comparative study of commercial and Islamic Banks

A critique of the role of Islamic banking in economic growth and financial stability of gulf cooperation council (GCC) economies

Critical challenges affecting Islamic banking growth in India using Analytical Hierarchy Process (AHP)

Do Islamic banks contribute to growth of the economy? Evidence from United Arab Emirates (UAE)

Chat Now

Copyright © 2025 Al Ain University. All Rights Reserved.