CORPORTATVIE PERFORMANCE OF ISLAMIC AND COMMERCIAL BANKS
Abstract
This note compares the financial performance of Islamic and conventional banks. In this regard, two Islamic banks “Meezan Bank Limited†and “Al Baraka Islamic Bank†and two conventional banks “KASB Bank†and “Bolan Bank†have been chosen for evaluation. Meezan Bank Limited has been compared with KASB Bank and Al Baraka Islamic Bank has been compared with Bolan Bank. we have selected banks of broadly similar size in terms of deposits. Banks selected for comparative analysis have roughly equivalent deposit levels.References
• Dr. Muhammad Imran Ashraf Usmani, 2002, Meezan Bank’s Guide to Islamic Banking, Karachi, Meezan Bank Limited.
• Islamic banking material from the State Bank of Pakistan’s website
• Muhammad Ayub, 2002, Islamic banking and Finance (Theory and Practice), State Bank of Pakistan
• Aurangzeb Mehmood, 2002, Islamic Studies, State Bank of Pakistan
• Speech of Ishrat Husain, 2004, Future Prospects of Islamic Financial Services Industry
• Lecture of Sayyed Tahir, Current Issues in the Practice of Islamic Banking
• Shabbir H. Kazmi, April 18-21, 2005 issue of Pakistan and Gulf Economist, Islamic Banking Tackling ‘Riba’.
• Amanullah Bashar, April 18-21, 2005 issue of Pakistan and Gulf Economist, Islamic Banking in Pakistan.
• Maulana Taqi Usmani, The Performance of Islamic Banks – A Realistic Evaluation, Website of Jamia darululoom.
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