م.م رحيم عبد محمد الموسوي
جامعة الفرات الاوسط التقنية /المعهد التقني كربلاء
The importance of this study, the fact that religion has a significant impact in reducing the severity of the financial crisis during the period 2007 – 2009 suffered by the international banks due to the large excessive lending because of opportunism in earnings management as the lack of commitment to the culture of religiosity has a significant impact on economic development, which is considered way control external debt on the investment policy for banks that are committed to the culture of religiosity in the sector in which they operate banks because religion affects a wide range of individual behaviors, which in turn affect the country’s economy and religious practices and beliefs have important consequences for economic development.
The study aimed to document the relationship of several measures of religiosity and risk in the international banking sector and to investigate the quality of financial reporting and the recognition in time for the losses weighted and investigate restrict the ability of banks to take serious decisions and know the impact of religion on decision-making in all organizations and the influence of religion in reducing irregularities in the preparation financial reports because more vulnerable to bad news companies in the preparation of financial reports by non-transparent data so we note that companies are less likely non-transparent data when they are present in religious areas, has been studying the impact of religiosity variable before the financial crisis during the period 2000-2006 in order to prove The existence of the effect of variable religiosity before the financial crisis for the purpose of the study support the hypothesis.
The results of this study on the existence of a relationship between religiosity and the problem of banks failed during the 2007-2009 financial crisis. As the most religious countries in the banks was the least likely to face financial difficulties or are exposed to fail during this period. In terms of capital and has no statistically significant positive relationship, and at the level of 1% of the capital adequacy with religiosity variables in banks shows and thus have a stronger capital ratio. The loan terms is that the loans granted short-term in the pre-crisis period, and thus were less likely to fail or facing a problem during the financial crisis due to the reservation policy and therefore have capital ratios stronger and have bad loans less (the quality of the loans.(
The study recommended the bank’s commitment to the conservative investment and granting short-term loans and reduce lending policy, policies which in turn reduces the severity and impact of the financial crises when they occur, we must expand the scope of studies on variable culture of religiosity to see the effect of this variable in the Arab work for a few of the financial crisis environment, the banks acting in accordance with the standards of religiosity that characterize the region or province in which it operates bank.