Measuring the Impact of Monetary Policy on the Efficiency of Sudanese Islamic Banks
DOI:
https://doi.org/10.31674/ijrtbt.2024.v08i01.004Abstract
This study explores the influence of monetary policy on the efficiency of Sudanese Islamic Banks. It aims to determine the impact of monetary policy on bank efficiency, identify influential aspects, and provide recommendations for policy adjustments. The research uses both qualitative and quantitative methods, collecting primary data through surveys and interviews with bank executives and policymakers, and secondary data from bank financial reports and central bank policy documents. The findings reveal a significant relationship between monetary policy and bank efficiency, with specific aspects such as interest rate controls and reserve requirements having the most substantial impact. Different types of Islamic banks, such as commercial banks, were affected differently by monetary policy, with changes in policy over time having both positive and negative effects on bank efficiency. These findings contribute to the existing knowledge on the interplay between monetary policy and bank efficiency, particularly in the context of Islamic banking in Sudan. However, the study's limitations, including a focus on a single country and reliance on self-reported data, may limit its generalizability. Future research could expand this study by considering other countries or using alternative data sources.
Keywords:
Bank Efficiency, Islamic Banks, Monetary Policy, SudanDownloads
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