oa Degree of Sustainability Disclosure and its Impact on Performance of Islamic and Conventional Banks

This paper examines the degree of sustainability disclosure and its impact on profitability of listed banks in the UAE financial markets during the period 2003–2013. The results show that the level of sustainability, economic, environmental, and social disclosures are at low levels for all UAE banks, Islamic, and conventional banks. The results show significant differences in social disclosures between Islamic and conventional banks and insignificant differences of sustainability, economic, and environmental disclosures between the two banking systems. In addition, the results of the dynamic panel data reveal that sustainability, economic, environmental, and social disclosures have no significant effects on the banking performance of all UAE banks, conventional and Islamic banks.