The Impact Of Multiple Economic Shocks On The Financial Performance Of Islamic Banks In Iraq

Abstract

The paper aims to explain the basic dimensions of the relationship between economic shocks in general and multiple economic shocks in particular in the financial performance of Islamic banks in the economic literature in light of the basic problems facing the work of Islamic banks. It also aims to focus on the nature, dimensions and mechanisms of the impact of multiple economic shocks on the financial performance of Islamic banks in Iraq. The research is based on the integrative deductive inductive approach, and uses the tools of descriptive and quantitative analysis through the analysis of specialized economic literature on the relationship between economic shocks in general and multiple economic shocks in particular in the financial performance of Islamic banks in the light of the available economic literature and in light of the basic problems facing The work of Islamic banks, and through the work of economic analysis tools in studying the nature, dimensions and mechanisms of the impact of multiple economic shocks on the financial performance of Islamic banks in a sample of selected countries with a focus on Iraq. The results show that the nature, dimensions and mechanisms of the impact of multiple economic shocks on the financial performance of Islamic banks in the sample countries vary according to the relative variation like their financial and banking system, and the relative importance of Islamic banks in the financial and banking systems of each country. The nature, dimensions and mechanisms of the impact of multiple economic shocks on the financial performance of Islamic banks in the sample countries were affected by the characteristics of the relationship of Islamic banks with central banks and the extent of the development of the requirements for facing economic shocks.