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Steven Ongena, Tilburg U. Print
Tuesday, 14 September 2010, 14:00 - 15:15

Of Religion and Redemption: Evidence from Default on Islamic Loans

Steven Ongena, Tilburg University

Abstract: This paper studies differences in default rates between Islamic and non-Islamic loans using a new monthly panel data set of about 164,000 loans over the period 2006-2008. We find robust evidence that default rates on Islamic loans are both statistically and economically lower for Islamic compared to non-Islamic loans.

Location: S 12.227
Contact: Claude Adan, This e-mail address is being protected from spam bots, you need JavaScript enabled to view it