The post-global financial crisis caused banking instability and a slowdown in Indonesia’s economy. Thus, this study examines the differences in financial stability, the influencing factors during and after the global financial crisis and assess their influence on overall financial stability for Islamic and conventional banks in Indonesia. The theories involved in this study are Signaling, Legitimacy, and Banking theories. The sample is unbalanced panel data, purposively selected from 41 conventional banks and nine Islamic banks, consisting of 500 observations for ten years. Multiple regression analysis with dummy variables was used to determine the influence of bankspecific factors, market concentration, and macroeconomic indicators on Islamic and conventional banks' financial stability. The findings showed Islamic banks were more stable than conventional banks during and after the financial crisis. Further analyses showed that bank-specific factors consisting of capital a.....

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