دور أصحاب الودائع الاستثمارية في تعزيز انضباط السوق في القطاع المصرفي الإسلامي

الملخص EN

This paper aims to study market discipline in Islamic banks, by studying the sensitivity of Profit-Sharing Investment Account holders to the changes that occur in the bank's financial position.

Al Rajhi Bank was chosen to conduct the applied study, and the study period extended from 2006 until 2018, to conduct the study, we formulated two models, the first testing the quantum mechanism and the second testing the price mechanism.

Our results show that: We did not find any evidence to support the hypothesis that investment depositors would withdraw their funds in the event that the financial conditions of Al-Rajhi Bank deteriorated; While we find that investment deposit holders have exercised weak market discipline on the bank through the price mechanism, we find that returns on deposits are only in response to changes in asset quality and management quality; As for the rest of the variables, we did not find that they had an effect on returns.