Have a personal or library account? Click to login
An Investigation of the Performance of Islamic and Interest Based Banking Evidence from Pakistan Cover

An Investigation of the Performance of Islamic and Interest Based Banking Evidence from Pakistan

HOLISTICA – Journal of Business and Public Administration
Volume 9 (2018): Issue 1 (May 2018)
By: Tauseef Khan,  Waqar Ahmad,  Muhammad Khalil Ur Rahman and  Fazal Haleem  
Open Access
|Apr 2018

References

  1. [1] Aggarwal, R. K., & Yousaf, T. (2000). “ Islamic Banks and Investment Financing” Journal of Money, Banking, and Credit. Vol. 32(1) pp. 93-120.10.2307/2601094
    Search in Google ScholarBack to article
  2. [2] Ahmad, M. F., Hussain, M. S. & Hannan, S.A. (1999). “Experiences in Islamic Banking: A Case Study of Islamic Bank Bangladesh Dhaka” Institute of Policy Studies.Vol.5(9) pp. 57 -82.
    Search in Google ScholarBack to article
  3. [3] Akhter, S. & Rehman, N, S. (2009). “Comparative analysis of liquidity position of banks” Daffodil International University Journal of Business and Economics.Vol. 7(1) pp. 123 - 148.
    Search in Google ScholarBack to article
  4. [4] Akhtar, M.F., & Sadaqat, S. (2011). “Liquidity Risk Management: A Comparative Study Between Conventional and Islamic Banks of Pakistan” Interdisciplinary Journal of Research in Business, Vol 1(1) pp. 35-44.
    Search in Google ScholarBack to article
  5. [5] Akkas, A. (1996). “Relatively Efficiency of Conventional and Islamic Banks in Dhaka” Journal of Research in Business.
    Search in Google ScholarBack to article
  6. [6] Al Habshi, S. (2006). “Efficiency of Islamic banks in Malaysia a stochestic frontier approach”. Journal of economics corporation among Islamic counrtries,. Vol. 27(2) pp. 37-70.
    Search in Google ScholarBack to article
  7. [7] Al Hares, H. (2013). “Financial Performance of Islamic banks and Conventional Banks with basel III capial standard”. Journal of applied resrearch in business,. Vol. 29(4) pp. 1031-1048.10.19030/jabr.v29i4.7914
    Search in Google ScholarBack to article
  8. [8] Alimshan, F. (2010). “ Comparison of Islamic and conventional banking in terms of profitability”. Journal of Islamic, Banking and Finance, Vol 4(1) pp. 31-56.
    Search in Google ScholarBack to article
  9. [9] Iqbal, A. J. & Molyneux, P., (2007). “Efficiency in Arabian Banking” Jordan journal of business administration. Vol 3(3) pp 373 - 360.
    Search in Google ScholarBack to article
  10. [10] Alkassim, F. (2005). “The profitability of Islamic and conventional banking in the GCC countries” Journal of Review of Islamic Economics, Vol. 4(13) pp. 5-30.
    Search in Google ScholarBack to article
  11. [11] Abidifar, T. Pejman, K. Philip, C. Molyneux, I. & Tarazi, A,. (2013). “Risk and stability of Islamic banking Using thematic analysis in psychology” A cross country empirecal investigation Vol 2(1) pp 25-41.
    Search in Google ScholarBack to article
  12. [12] Amba, S.M & Almukharreq. F (2013). “Impact of Financial crisis on profitability of Islamic vs conventional Banks- Evidence from GCC” International Journal of Financial Research R Vol. 4(3).
    Search in Google ScholarBack to article
  13. [13] Ansari, S,. & Rehman, A. (2011). “Financial Performance of Islamic and Conventional Banks in Pakistan: A Comparative Study” Paper presented at the 8th International Conference on Islamic Economics and Finance. Vol.1(1) pp. 1 - 19.
    Search in Google ScholarBack to article
  14. [14] Awan, A.G. (2011). “Comparison of Islamic and conventional banking in Pakistan” A proceed 2nd CBRC Lahore.
    Search in Google ScholarBack to article
  15. [15] Bader, M.K., Mohamad, S, Ariff, M & Hassan, T (2008). “Cost, revenue and profit efficiency of Islamic versus conventional banks: international evidence using DEA” Islamic Economic Studies, Vol 15(2) pp. 23-76.
    Search in Google ScholarBack to article
  16. [16] Bashir, K.M., & Mohammad, S. (2007). “Cost, Revenue, and Profit efficiency of Islamic versus Conventional banks” Journal of Islamic economics, banking and finance Vol.4(2) pp 107-130.
    Search in Google ScholarBack to article
  17. [17] Bashir, M. (2003). “Assessing the performance of Islamic Banks” Some evidence from the Middle East, Islamic Economic Studies, Vol 11 pp 31-60.
    Search in Google ScholarBack to article
  18. [18] Bashir, M. & Hassan, T. (1999). “Risk and profitability measures in Islamic Banks” The case of two Sudanese banks Islamic Economic Studies. Vol 6(2) pp 1-24.
    Search in Google ScholarBack to article
  19. [19] Beck, T. (2010). “Islamic Vs Conventional Banking Business Model” Efficiency and Stability, Journal of Banking and Finance Vol 37 (2013) pp. 433–447.
    Search in Google ScholarBack to article
  20. [20] Bilal, M. & Abbas. M. (2015). “Islamic Vs Conventional Banking A Comparative study” Journal of Busines Research Vol 5 (3) pp. 72–94.
    Search in Google ScholarBack to article
  21. [21] Botis, S. (2013). “Shariah concepts in Islamic banking” Journal of economic sciences Vol 6(5) pp 140-148.
    Search in Google ScholarBack to article
  22. [22] Braun, V. & Clark, V,. (2006). “Using thematic analysis in psychology” Qualitative research in psychology Vol 3(1) pp 77-101.10.1191/1478088706qp063oa
    Search in Google ScholarBack to article
  23. [23] Chapra, M,. (2001). “What is Islamic economics” International journal of business and management Vol 9(1) pp 173-191.
    Search in Google ScholarBack to article
  24. [24] Cihak, M. & Hesse, H,. (2010). “Islamic Banks and Financial Stability” An Empirical Analysis, Journal of Financial Services Research, Vol 38 (3) pp 95-113.10.1007/s10693-010-0089-0
    Search in Google ScholarBack to article
  25. [25] Erol, C. Hassan. F. & Tunc, G,. (2014). “Performance comparison of Islamic Banks and Commercial banks in Turkish banking” Journal of business, Vol 9 (2) pp 114-128.10.1108/EMJB-05-2013-0024
    Search in Google ScholarBack to article
  26. [26] Essayyad, M,. and Madani, H,. (2003) “Investigating Bank Structure of an Open Petroleum Economy” The Case of Saudi Arabia. Managerial Finance, Vol 2(9) pp 73 - 92.10.1108/03074350310768580
    Search in Google ScholarBack to article
  27. [27] Farrukh, Z. (2006). “Corporative Performance of Islamic and Commercial Banks in Karachi” College of Management Sciences, PAF-Karachi Institute of Economics & Technology.
    Search in Google ScholarBack to article
  28. [28] Fayed, M. (2013). “Comparative performance study of conventional and Islamic banking in Egypt” Journal of Applied Finance & Marketing Vol 3(2) pp 1 - 14.
    Search in Google ScholarBack to article
  29. [29] Gazzar, M. (2014). “Financial Performance of Islamic and Conventional Banks in GCC and MENA region, A Comparative Study”
    Search in Google ScholarBack to article
  30. [30] Hamid, M. & Azmi, H,. (2011). “The performance of banking in Malaysia” Internatinla journal of economics and management sciences Vol 1(1).
    Search in Google ScholarBack to article
  31. [31] Hanif, M. (2011). “Differences and Similarities in Islamic and Conventional Banking” International Journal of Business and Social Science, Vol 2(2) pp 166-175.
    Search in Google ScholarBack to article
  32. [32] Haron, S,. (2000). “A Comparative Study of Islamic Banking Practices” Journal of Islamic Economic, Vol 10 (1) pp. 1-31.
    Search in Google ScholarBack to article
  33. [33] Hasan, M,. and Dridi, J. (2010). “The Effects of the Global Crisis on Islamic and Conventional Banks” A Comparative Study; IMF Working Paper, WP/10/201.10.5089/9781455205318.001
    Search in Google ScholarBack to article
  34. [34] Hassan, T. (2012). “Customer perception regarding car loans in Islamic and Conventional Banks” International journal of learning and development. Vol 2(6) pp175-185.
    Search in Google ScholarBack to article
  35. [35] Hassan, M,. (2006). “Development and Performance of Domestic and Foreign Banks in the GCC Countries” Journal of Managerial Finance, 29, pp.42-72.
    Search in Google ScholarBack to article
  36. [36] Homoud, S. H. (1985). “Islamic banking, Arabian information Ltd at London” International Journal of business.
    Search in Google ScholarBack to article
  37. [37] Iqbal, M,. (2001). “A Comparative Study. M. Iqbal, Islamic Banking and Finance: Current Development in Theory and Practice, United Kingdom” The Islamic Foundation, Islamic and Conventional Banking. Vol 8(2) pp 1-27.
    Search in Google ScholarBack to article
  38. [38] Iqbal, M. (2012). “Liquidity of risk management a comparative study of Islamic banks and Conventional Banks of Pakistan”. Global journal of resrearch in business,. Vol. 12(5) pp. 211-225.
    Search in Google ScholarBack to article
  39. [39] Iqbal, M. and Molyneux, P. (2005). “Thirty Years of Islamic Banking, History, Performance and Prospects” New York Palgrave Macmillan.10.1057/9780230503229
    Search in Google ScholarBack to article
  40. [40] Islam, M. M,. & Chowdhury, M. (2009). “A Comparative Study of Liquidity Management of an Islamic Bank and a Conventional Bank” The Evidence from Bangladesh. Journal of Islamic Economics, Banking and Finance, Vol. 5(1).
    Search in Google ScholarBack to article
  41. [41] Jaffar, M., & Manaravi, I. (2011) “Performance Comparison of Islamic and Conventional Banks in Pakistan.” Global Journal of Management and Business Research, Vol. 11(1), pp. 61-66.
    Search in Google ScholarBack to article
  42. [42] Johnes, J. Izzeledin, M. & Pappas, V. (2008) “Performance Comparison of Islamic and Conventional Banks in terms of Efficiency.” Journal of Economic Literature, Vol. 6(1), pp. 1-45.
    Search in Google ScholarBack to article
  43. [43] Kader, j.M., & Asarpota, A, K. (2007). “Comparative Financial Performance of Islamic vis-à-vis Conventional Banks in the UAE”. International Review of Business Research Papers, Vol. 5(3) pp. 189-201.
    Search in Google ScholarBack to article
  44. [44] Kakakhel, J. S,. Raheem, F. & Tariq, M. (2011). “A Study of Performance Comparison between Conventional and Islamic Banking in Pakistan” Abasyn Journal of Social Sciences Vol. 6(2) pp. 91 - 105.
    Search in Google ScholarBack to article
  45. [45] Khan, O. (2012). “An Examination of the underlying rational of the profit and loss sharing system with special emphasis on the Mudarabah and Musharakah within the context of Islamic law and Banking” Journal of Finance, Accounting and Management, Vol 3(1) pp. 23 - 31.
    Search in Google ScholarBack to article
  46. [46] Kouser, S. & Saba. H. (2012). “Islamic bank profitability in an interest rate cycle” International Journal of Islamic Financial services, Vol 4(2) pp 88 - 104.
    Search in Google ScholarBack to article
  47. [47] Loghod, A. H. (2007). “Do Islamic Banks Perform Better than Conventional Banks? Evidence from Gulf Cooperation Council countries”
    Search in Google ScholarBack to article
  48. [48] Liaqat, A. Azmat, A. & Hamza, K. (2003). “The performance of Islamic Banks and Conventional Banks”. Journal of accounting and finance.
    Search in Google ScholarBack to article
  49. [49] Majid, A, Saal. K, David, S. & Battisti, G. (2011). “The impact of Islamic banking on the cost efficiency and productivity change of Malaysian commercial banks” Appied Economics Vol 43(16) pp. 2033 - 3054.10.1080/00036840902984381
    Search in Google ScholarBack to article
  50. [50] Majid, A. & Rulindo. S. (2007). “Impact of financial shocks on Islamic banking in Malaysia during financial crises”. International Journal of Islamic and Middle eastren finance and management contemporary resrearch in business Vol. 3(1) pp. 291-305.
    Search in Google ScholarBack to article
  51. [51] Masruki, R. (2007). “Financial Performance of Malaysian Founder Islamic Banks Versus Conventional Banks” Business and Policy Research, Vol 6(2) pp.67-79.
    Search in Google ScholarBack to article
  52. [52] Massah. S, & Sayed, A. O. (2015). “Financial Performance of Islamic Banks Versus Conventional Banks in UAE” International journal of information technology and business, Vol 36) pp.87-107.
    Search in Google ScholarBack to article
  53. [53] Metwally, M.M,. (1997). “Differences between the Financial Characteristics of Interest-Free Banks and Conventional Banks” European Business Review, Vol. 97(2) pp. 92 – 98.10.1108/09555349710162607
    Search in Google ScholarBack to article
  54. [54] Mohammad, S. Hassan, T.& Bader, M,. (2008) “Efficiency of Conventional and Islamic Banks” Inernational evidence using the sochastic frontier appraoch (SFA) Journal of Islamic economics Banking and Finance, Vol 4(2) pp 107 - 130.
    Search in Google ScholarBack to article
  55. [55] Moin, M. S,. (2008). “Performance of Islamic Banking and Conventional Banking in Pakistan: A Comparative Study”
    Search in Google ScholarBack to article
  56. [56] Muharrami, A & Saeed, M. (2008). “An examination of technical, pure technical and scale efficiency in GCC banking”. American journal of finance and accountin, Vol 1(2) pp 152 - 166.10.1504/AJFA.2008.019950
    Search in Google ScholarBack to article
  57. [57] Olson, D. & Zoubi, A.T,. (2007). “Using accounting ratios to distinguish between Islamic and conventional banks in the GCC region” The International Journal of Accounting, Vol. 43(1) pp. 45–65.10.1016/j.intacc.2008.01.003
    Search in Google ScholarBack to article
  58. [58] Parashar, S.P. & Venkatesh, J,. (2010). “How did Islamic Banks do during global financial crisis” Banks and Bank Systems, Vol 5 (4) pp. 54-62.
    Search in Google ScholarBack to article
  59. [59] Qayyum, M,. (2007). “Determinant of Islamic Banking profitability during global financial crisis” Journal of banking and finance, Vol 13(1) pp. 65-79.
    Search in Google ScholarBack to article
  60. [60] Rahim, S. & Hassan, A.N. (2012). “Conventional Banking Profitability Theories in Islamic Banking” Journal of Islamic Banking and Finance,. Vol.3(4) pp. 55 -79.
    Search in Google ScholarBack to article
  61. [61] Ramin, B. (2014). “Profitability of Islamic banking in Iron and conventional banking in Turkey” International journal of management and humanity sciences Vol 3(1) pp 70-91.
    Search in Google ScholarBack to article
  62. [62] Riaz, K. (2003) “Book of Islamic Banking and Finance”
    Search in Google ScholarBack to article
  63. [63] Rokhim, G. R,. (2011). “The Stability Comparison between Islamic Banks and Conventional Banks” Evidence in Indonesia 8th International Conference on Islamic Economics and Finance 1
    Search in Google ScholarBack to article
  64. [64] Rosnia, M,. N. (2011). “Financial performance of Malaysian Islamic banks versus conventional banks” Proceeding of the Asia-Pacific Business Research Conference. Kuala Lumpur.
    Search in Google ScholarBack to article
  65. [65] Rosly, S. A,. Abu Bakar, M. A. (2003). “Performance of Islamic and Mainstream Banks in Malaysia” International Journal of Social Economics, Vol 30 (12) pp. 1249-1265.10.1108/03068290310500652
    Search in Google ScholarBack to article
  66. [66] Ross, S. A,. Westerfield, R.W, & Jaffe, J. (2005), “Corporate Finance.” McGraw-Hill Inc”.
    Search in Google ScholarBack to article
  67. [67] 7th Ed.
    Search in Google ScholarBack to article
  68. [68] Saba, F. Faiza, K. & Muhammad, I,. (2012). “Developing a system of financial instrument” Journal of Islamic research, Vol 3 (4) pp. 44-56.
    Search in Google ScholarBack to article
  69. [69] Saba, F. & Sehrish. S. (2012). “Financial Performance of Islamic banks and Conventional Banks of Pakistan”. Journal of contemporary resrearch in business,. Vol. 4(1) pp. 21-35.
    Search in Google ScholarBack to article
  70. [70] Safiullah, M. (2010). “Superiority of Conventional and Islamic Banks of Bangladish” International journal of Economics and finance.Vol. 7,(2) pp. 153-168.
    Search in Google ScholarBack to article
  71. [71] Saleh, A.S., & Zeitun, R. (2007). “Islamic Banks in Jordan: Performance and Efficiency Analysis. Review of Islamic Economics” Global economy and finance journal. Vol. 5,(1) pp. 53-72.
    Search in Google ScholarBack to article
  72. [72] Samad, A,.(1999). “Comparative Efficiency of the Islamic bank malaysia vs conventional banks” IIUM Journal of Economics and Management,. Vol. 7(1) pp. 1-25.
    Search in Google ScholarBack to article
  73. [73] Samad, A,. (2004). “Performance of Interest-free Islamic banks vis-à-vis Interest-based Conventional Banks of Bahrain”. IIUM Journal of Economics and Management,. Vol. 12(2) pp. 1-15.
    Search in Google ScholarBack to article
  74. [74] Samad, A. & Hassan, T,. (2004). “The performance of Malaysian Islamic bank”. International journal of Islamic financial services Vol 1(3) pp 1-13.
    Search in Google ScholarBack to article
  75. [75] Shaista, W, & Umadevi, N. G.. (2013). “Comparative study of Islamic banks and Conventional Banks of Bahrain”. IIUM Journal of Economics and Management,. Vol. 29(1) pp. 43-60.
    Search in Google ScholarBack to article
  76. [76] Siraj, K.K,. & Pillai, P.S,. (2012). “Comparative study on performance of Islamic banks and conventional banks in GCC region” Journal of Applied Finance & Banking, Vol 2(3) pp 123-161.
    Search in Google ScholarBack to article
  77. [77] Smith, F. & Rosenthal, D. A. (1995). “Adolescents perception of their risk environment” Journal of Adolescence, Vol 18(2) pp 229-245.10.1006/jado.1995.1016
    Search in Google ScholarBack to article
  78. [78] Smith, H. & Eatough. H. (2012). “Culture and stress a qualitative analyses” International Journal of American anthropologist new series, Vol 74(3) pp 518 - 529.10.1525/aa.1972.74.3.02a00190
    Search in Google ScholarBack to article
  79. [79] Spradely, J. P. (1979). “Culture and stress a qualitative analysis”. American anthropologist new series,. Vol. 74(3) pp. 518-529.10.1525/aa.1972.74.3.02a00190
    Search in Google ScholarBack to article
  80. [80] Srairi, S.A,. (2010). “Cost and profit efficiency of conventional and Islamic banks in GCC countries”. J. Prod. Anal. Vol 34(1) pp 45-62.10.1007/s11123-009-0161-7
    Search in Google ScholarBack to article
  81. [81] Sufian, F,. (2006). “Size and returns to scale of the Islamic banking industry in Malaysia: foreign versus domestic banks”. IIUM Journal of Economics and Management, Vol 14(2) pp 147-175.
    Search in Google ScholarBack to article
  82. [82] Storey, L. (2007). “Doing interpretive phenomenological analysis”10.4135/9781446207536.d11
    Search in Google ScholarBack to article
  83. [83] Taylor, S. & Bogdan. C. (1984). “Acculturation and adoption revised” International Journal of cross culture psychology, Vol 30(4) pp 422-442.10.1177/0022022199030004003
    Search in Google ScholarBack to article
  84. [84] Thorsten, B. Asli, K. & Quarda, M (2013). “Islamic vs conventional banking”. Business model, efficiency. journal of banking and finance, Vol 37(1) pp 433-447.
    Search in Google ScholarBack to article
  85. [85] Usman, A,. & Khan, K.M. (2012). “Evaluating the Financial Performance of Islamic and Conventional Banks of Pakistan” International Journal of Business and Social Science, Vol 3(7) pp. 253 - 257.
    Search in Google ScholarBack to article
  86. [86] Van Horne, J. (2005). “Fundamentals of Financial Management”.
    Search in Google ScholarBack to article
  87. [87] Vevirita, C. (2011). “Performance Analysis of Indonesian Islamic and Conventional Banks” Journal of Business Finance and Accounting, 6 (3), pp.13-21
    Search in Google ScholarBack to article
  88. [88] Vong, A. and Chan, H. (2009). “Determinants of Bank profitability in Macau” Macau Monetary Research Bulletin, Vol 12 pp. 93 - 113.
    Search in Google ScholarBack to article
  89. [89] Widago, G & Ika, H. (2008) “The probem of interest and Islamic banking in a comparative perspective”,. Review of middle east economics and finance Vol 1(1) pp. 7 - 70.
    Search in Google ScholarBack to article
  90. [90] Word, H. (2006). “Application of Islamic banking instrument”. British food Vol 111(3) pp. 275 - 295.
    Search in Google ScholarBack to article
  91. [91] Yudistira, D. (2013). “Efficiency of Islamic banks” An empirical analysis of eighteen banks finance no 0406007.
    Search in Google ScholarBack to article
  92. [92] Zahoor, H. (2013). “Financial Performance of Islamic banks and Conventional Banks of Pakistan”. Journal of contemporary resrearch in business,. Vol. 6(1) pp. 53-62.
    Search in Google ScholarBack to article
  93. [93] Zeitun, R. (2012). “Determinants of Islamic and Conventional Banks performance in GCC Countries using panel data analysis” Global Economy and Finance Journal, Vol 5(1) pp. 53 - 72.
    Search in Google ScholarBack to article
DOI: https://doi.org/10.1515/hjbpa-2018-0007 | Journal eISSN: 2067-9785 | Journal ISSN: 2457-5720
Journal RSS Feed
Language: English
Page range: 81 - 112
Published on: Apr 16, 2018
Published by: Association Holistic Research Academic (Hora)
In partnership with: Paradigm Publishing Services
Publication frequency: 3 issues per year
Keywords:
Islamic Banks,
Conventional Banks,
Profitability,
Liquidity,
Risk,
Capital,
Efficiency,
Financial performance,
Pakistan
Related subjects:
Business and economics,
Political economics,
Political economics, other,
Business management,
Business management, other,
Social sciences,
Sociology,
Sociology, other

© 2018 Tauseef Khan, Waqar Ahmad, Muhammad Khalil Ur Rahman, Fazal Haleem, published by Association Holistic Research Academic (Hora)
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Previous articleVolume 9 (2018): Issue 1 (May 2018)Next article