IDEAS home Printed from https://ideas.repec.org/a/ids/ijimbr/v3y2018i2p116-143.html
   My bibliography  Save this article

Analysis of Islamic financing and related assets: a study of Islamic banks of Pakistan

Author

Listed:
  • Talat Hussain
  • Muhammad Hussain Qureshi
  • Mian Sajid Nazir

Abstract

The objective of the study is to identify and analyse different modes of financing offered by Islamic banks of Pakistan. For the analysis purpose, the study chosen four full-fledge Islamic banks which are currently operating in Pakistan for the period of 2010 to 2016. Audited annual financial reports of these Islamic banks are used to obtain the data related to different modes of financing each bank is offering to consumers. The findings of the study reported that, in year 2010, Murabaha and Ijarahwere were the most popular modes of financing for all sample banks, which become gradually less popular among Islamic banks of Pakistan as modes of financing and diminishing Musharakah financing is replacing Murabaha and Ijarah financing over the study period of 2010 to 2016. The study provides evidence that equity-based financing, which is the essence of Islamic banking, is strengthening its roots in Islamic banking industry of Pakistan. The study provides policy implications for regulators, especially for product development departments at different Islamic banks, for designing and pricing Islamic financial products. There is a need for innovativeness in developing the variants of popular modes of financing in order to remain viable in the industry.

Suggested Citation

  • Talat Hussain & Muhammad Hussain Qureshi & Mian Sajid Nazir, 2018. "Analysis of Islamic financing and related assets: a study of Islamic banks of Pakistan," International Journal of Islamic Marketing and Branding, Inderscience Enterprises Ltd, vol. 3(2), pages 116-143.
    • Handle: RePEc:ids:ijimbr:v:3:y:2018:i:2:p:116-143
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=94084
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Mirza Ashfaq Ahmed & Riffat Zulfiqar & Muhammad Anwar ul Haq & Noreena Kausar & Shaista Khalid, 2020. "Customer Purchase Intentions toward Islamic Banking Products in Pakistan: A Study of Religiosity-Based Marketing," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 10(10), pages 1187-1202, October.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijimbr:v:3:y:2018:i:2:p:116-143. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=436 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.