The Role Of Islamic Banking Industry In The Economic Growth Of Pakistan
Download The Role Of Islamic Banking Industry In The Economic Growth Of Pakistan full books in PDF, epub, and Kindle. Read online free The Role Of Islamic Banking Industry In The Economic Growth Of Pakistan ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
| Author | : Sanaullah Ansari |
| Publisher | : |
| Total Pages | : 14 |
| Release | : 2020 |
| Genre | : |
| ISBN | : |
Islamic banking industry is flourishing in Pakistan with a rapid pace. Currently, it is holding more than 8% share of the total banking industry in the country. As Pakistan is a developing economy, every sector has to contribute into its economic growth. Banking industry is also playing its role in the economic growth of Pakistan which includes conventional banks and Islamic banks. At present, there are 5 full-fledged Islamic banks along with other conventional banks offering Islamic banking services, are operating in Pakistan.This study is to examine the role of Islamic banking industry in the economic growth of Pakistan. For this purpose, the financial data of all 5 Islamic banks has been obtained from their financial statements from 3rd quarter of 2006 to 4th quarter of 2011 and the data of real GDP of the country has been taken from the source of State Bank of Pakistan. Different statistical tools were used to check the impact and role of Islamic banking industry on the economic growth of the country. It has been found that the financial performance of Islamic banking industry has a very positive impact on the economic growth because Islamic banking is attracting majority of the banking consumers on the basis of religion. Whereas, profitability of Islamic banking industry has very low impact as because Islamic banks are new in the country and they are struggling to earn profits for their consumers as per the teachings of Sharia'h. Similarly, asset quality of Islamic banking industry has no impact on the economic growth of the country. The reason is that the asset quality of Islamic banks is equivalent to the asset quality of conventional banks and it has no independent impact on the economic growth of Pakistan. Overall results show that with minor changes in the financial structure of Islamic banking industry and by increasing this industry's financial efficiency, it can play a major role in the economic development of Pakistan.
| Author | : Abdelrahman Elzahi Saaid Ali |
| Publisher | : Springer Nature |
| Total Pages | : 393 |
| Release | : 2020-07-01 |
| Genre | : Business & Economics |
| ISBN | : 3030399397 |
This book is the second of two volumes which highlight the concept of financial inclusion from the Islamic perspective. An important element of the Sustainable Development Goals (SDGs), financial inclusion has been given significant prominence in reform and development agendas proposed by the United Nations and G-20. The significance of Islamic financial inclusion goes beyond improved access to finance to encompass enhanced access to savings and risk mitigation products, as well as social inclusion that allows individuals and companies to engage more actively in the real economy. It represents one of the important drivers of economic growth. This volume explores the financial risks associated with lending to low-income groups due to high poverty levels and the lack of collateralization mechanisms. The first book on the market to provide empirical evidence of Islamic microfinance, deposit insurance and micro-entrepreneurship through the analysis of models and country case studies, this edited collection will be of value to those researching development finance, financial inclusion and Islamic finance.
| Author | : Mohamed Ariff |
| Publisher | : Institute of Southeast Asian Studies |
| Total Pages | : 228 |
| Release | : 1988 |
| Genre | : Business & Economics |
| ISBN | : 9789971988982 |
Islamic banking is the result of the untiring search for interest-free alternatives to conventional banking and it has been successfully introduced in the Middle East. However, in Southeast Asia, where there are large Muslim communities, Islamic banks are to be found only in Malaysia and the Philippines. Nevertheless, there is considerable interest in the possibility of establishing banking institutions and practices consonant with Islam in other countries in the region. In this book, scholars evaluate the role and performance of Islamic banking in Southeast Asia and examine the problems and prospects of establishing Islamic banks in countries where such banking does not exist.
| Author | : Muhammad Ayub |
| Publisher | : John Wiley & Sons |
| Total Pages | : 871 |
| Release | : 2009-08-18 |
| Genre | : Business & Economics |
| ISBN | : 0470687711 |
In Understanding Islamic Finance Muhammad Ayub introduces all the essential elements of this growing market by providing an in-depth background to the subject and clear descriptions of all the major products and processes associated with Islamic finance. Key features include: Discussion of the principles of Islamic finance; Introduction to the key products and procedures that International Financial Institutions are using or may adopt to fund a variety of clients ensuring Sharī ́ah compliance; Discussion of the role Islamic finance can play in the development of the financial system and of economies; Practical and operational examples that cover deposit and fund management by banks involving financing of various sectors of the economy, risk management, accounting treatment, and working of Islamic financial markets and instruments. This book is not only an important text for all banks and financial institutions entering this particular market with a commitment to building Islamic financial solutions, but is also essential reading for undergraduate and postgraduate students of Islamic finance.
| Author | : Kabir Hassan |
| Publisher | : Edward Elgar Publishing |
| Total Pages | : 472 |
| Release | : 2009-01-01 |
| Genre | : Business & Economics |
| ISBN | : 9781847205414 |
The Handbook of Islamic Banking comprises 25 studies by leading international experts on Islamic banking and finance specially commissioned to analyse the various debates and the current state of play in the field. From its origins thirty years ago, Islamic banking has expanded rapidly to become a distinctive and fast growing segment of the international banking and capital markets. Despite this expansion, Islamic banking still remains poorly understood in many parts of the Muslim world and continues to be a mystery in much of the West. This comprehensive Handbook provides a succinct analysis of the workings of Islamic banking and finance, accessible to a wide range of readers. At the same time, it seeks to bring the current research agenda and the main issues on Islamic banking before a wider audience. Islamic banking offers, as an alternative to conventional interest-based financing methods, a wide variety of financial instruments and investment vehicles based on profit-and-loss sharing arrangements. These are all explored in detail along with other subjects such as governance and risk management, securities and investment, structured financing, accounting and regulation, economic development and globalization. M. Kabir Hassan, Mervyn Lewis and the other contributors have created an authoritative and original reference work, which will contribute to a wider understanding of Islamic banking as well as provoking further discussion and research. It will be invaluable to all scholars, researchers and policymakers with an interest in this subject.
| Author | : M. Khan |
| Publisher | : Springer |
| Total Pages | : 290 |
| Release | : 2008-07-11 |
| Genre | : Business & Economics |
| ISBN | : 0230582303 |
This book explores the theoretical and practical features of Islamic banking. Using Pakistan as a detailed illustration, the text discusses recent developments and future prospects, demonstrating the model underpinning interest-free banking. It assesses the practical success of interest-free banking at both individual banks and state level.
| Author | : M. Kabir Hassan |
| Publisher | : Springer Nature |
| Total Pages | : 395 |
| Release | : 2021-08-13 |
| Genre | : Business & Economics |
| ISBN | : 3030760162 |
The book is a collection of chapters discussing the Sustainable Development Goals in the broader context of Islamic finance along with mapping the SDGs with Maqasid Al-Shariah. It provides a framework for both Muslim and non-Muslim countries to develop a sustainable economy which encompasses not only the concept of the welfare state but also supports development-related activities, ensures financial inclusion through equal distribution of wealth and alleviation of poverty, and protects the overall environmental and ecological system. More specifically, this book explores various aspects of Islamic finance in relation to parameters of SDGs; restructuring of Islamic finance and connecting its dots in the light of SDGs; Islamic perspective on ESG and ecological quality; interest-free tools and modernization of Islamic financial institutions for sustainable development and economic stability; and the role of Islamic finance in infrastructure-related development activities. Consistent with the view that SDGs are embedded within the theme of Islamic finance, this book is specifically designed to meet the needs of key regulatory institutions, academic scholars, and industry practitioners both in the field of Islamic finance and sustainable finance.
| Author | : Hussain Mohi-ud-Din Qadri |
| Publisher | : Routledge |
| Total Pages | : 346 |
| Release | : 2019-08-23 |
| Genre | : Business & Economics |
| ISBN | : 042955303X |
This book covers the recent literature concerning Islamic banking and finance (IBF), focuses on the history of IBF since its inception and introduces the latest innovative concepts and practices in the field. The authors cover important topics such as the role of ownership, Shari`ah compliance and governance structures in raising debt capital using IBF practices, including Fatwa issues and the use of benchmarking practices. The book also addresses topics like archival data, the influence of leverage on ownership structure, and sukuk structures, as well as misconceptions, threats, challenges and opportunities in IBF. Finally, the book deals with prominent issues such as business score-carding, Takāful (Islamic Insurance), IBF implications for block-chain-based fintech and finance hub concepts in Islamic microfinance models. This edited volume is an important contribution to the IBF literature as it provides a much-needed in-depth look into industry practices through the perspective of corporate finance and governance. With its interdisciplinary approach covering legal and financial issues along with a wide variety of notable contributors, this book will be a valuable reference guide to both teachers and students of Islamic banking and economics.
| Author | : Nafis Alam |
| Publisher | : Springer |
| Total Pages | : 159 |
| Release | : 2016-11-10 |
| Genre | : Business & Economics |
| ISBN | : 3319459104 |
This book focuses on current issues impacting the Islamic banking system globally. The contributions introduce readers to existing research and literature in the field and highlight areas of potential scholarly development within Islamic banking studies. The chapters are a variety of case studies, theoretical reviews, and empirical research within the world of Islamic banking. The contributions analyse new developments within Islamic banks from OIC member countries, Malaysia and the GCC. Particular attention is paid to the formative insolvency case of Arcapita Bank in chapter 6. Other chapters provide detailed discussion of the structures, marketing activities and products of Islamic banks, and contrast them with those of counterpart conventional banks. Through this edited collection, readers are given expert insight into contemporary, critical issues facing the growing sphere of Islamic banking.
| Author | : Nafis Alam |
| Publisher | : Springer |
| Total Pages | : 137 |
| Release | : 2017-08-25 |
| Genre | : Business & Economics |
| ISBN | : 3319479377 |
This book explores contemporary empirical issues in Islamic economics. It begins by outlining current trends in Islamic economics and before identifying gaps in the empirical research. It then goes on to discuss the role of institutions in economic growth for Islamic countries, and the fiscal aspects of Islamic economics. It explores issues in debt and growth, as well as the instruments of monetary management in Islamic economics. It analyses the trade-off between growth and stability and concludes with discussion of Zakat and Waqf in driving growth.
