Bank level stability factors and consumer confidence – a comparative study of Islamic and conventional banks’ product mix

This study examines the behaviour of key bank level stability factors of liquidity, capital, risk-taking and consumer confidence in Islamic and conventional banks which operate in the same market. Using fixed effect sample of 194 banks of Gulf Cooperating Countries between 2000 and 2007, we found that liquidity is not determined by bank’s product mix but rather attributed to systematic factors. However, non performing assets (representing loans to sub prime borrowers) have positive and significant relationship with liquidity implying that during the crisis, Islamic banks tend to take stringent risk strategies compared to conventional banks. Furthermore, Islamic banks generally tend to provide higher consumer confidence levels as they were more capitalized than conventional banks, although conventional banks had carried higher averages of liquidity compared to Islamic banks. Consumer confidence levels or depositors’ discipline as proxied by deposits and customer funding over liabilities generally appear to be higher in Islamic banks than conventional banks

A backing detector for order-keV neutrons

We have designed and tested a large-area (0.15 m2) neutron detector based on neutron capture on 6Li. The neutron detector design has been optimized for the purpose of tagging the scattering angle of keV-scale neutrons. These neutron detectors would be employed to calibrate the low-energy (<100 eV) nuclear recoil in detectors for dark matter and coherent elastic neutrino nucleus scattering (CEνNS). We describe the design, construction, and characterization of a prototype. The prototype is designed to have a tagging efficiency of ∼25% at the relevant O(keV) neutron energies, and with a mean capture time of ∼17μs. The prototype was characterized using a 252Cf neutron source and agreement with the simulation was observed within a few percent level

Scintillation yield from electronic and nuclear recoils in superfluid He 4

Superfluid He4 is a promising target material for direct detection of light (<1 GeV) dark matter. Possible signal channels available for readout in this medium include prompt photons, triplet excimers, and roton and phonon quasiparticles. The relative yield of these signals has implications for the sensitivity and discrimination power of a superfluid He4 dark matter detector. Using a 16 cm3 volume of 1.75 K superfluid He4 read out by six immersed photomultiplier tubes, we measured the scintillation from electronic recoils ranging between 36.3 and 185 keVee, yielding a mean signal size of 1.25-0.03+0.03 phe/keVee, and nuclear recoils from 53.2 to 1090 keVnr. We compare the results of our relative scintillation yield measurements to an existing semiempirical model based on helium-helium and electron-helium interaction cross sections. We also study the behavior of delayed scintillation components as a function of recoil type and energy, a further avenue for signal discrimination in superfluid He4