Purpose

In recent years, the fast growth of Islamic banks (IBs) has generated debates among policymakers and economists about the sustainability and performance of these institutions. This paper aims to undertake a comparative analysis of the financial performance of IBs and conventional banks (CBs) in Pakistan over the period 2008–2019 to evaluate how IBs are faring compared to their conventional peers.

Design/methodology/approach

This paper considers Financial Ratio Analysis (FRA) to analyse and compare the performance of the top-10 IBs and CBs operating in Pakistan. The sample includes five full-fledged IBs and five CBs which offer Islamic windows in Pakistan. The top-five performing CBs offering Islamic windows have been selected in this study.

Findings

The results show that IBs are better capitalized, less risky and have higher liquidity as compared to CBs. In contrast, the profits of IBs are found to be lower than those of CBs.

Research limitations/implications

The study has provided an analysis of financial performance only for Pakistan. A cross-country analysis could be more representative of the performance of IBs.

Practical implications

The study infers that the size of the Islamic banking industry in Pakistan should be enhanced by opening new branches and promoting Islamic financial literacy.

Originality/value

The study assists investors, creditors, debtors and managers in making better decisions. It also provides the latest valuable information to regulators and policymakers that can be used to make rules and policies for the finance industry in Pakistan.

中文翻译：

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伊斯兰银行与传统银行财务业绩的比较分析：来自巴基斯坦的证据

目的

近年来，伊斯兰银行 (IB) 的快速增长在政策制定者和经济学家之间引发了关于这些机构的可持续性和绩效的争论。本文旨在对 2008 年至 2019 年期间巴基斯坦 IB 和传统银行 (CB) 的财务业绩进行比较分析，以评估 IB 与其传统同行相比的表现。

设计/方法/方法

本文考虑财务比率分析 (FRA) 来分析和比较在巴基斯坦运营的前 10 名 IB 和 CB 的表现。样本包括五个成熟的 IB 和五个在巴基斯坦提供伊斯兰窗口的 CB。本研究选择了提供伊斯兰窗口的前五名 CB。

发现

结果表明，与 CB 相比，IB 资本更好，风险更低，流动性更高。相比之下，IB 的利润低于 CB。

研究限制/影响

该研究仅对巴基斯坦的财务业绩进行了分析。跨国分析可能更能代表 IB 的表现。

实际影响

该研究推断，应通过开设新分支机构和提高伊斯兰金融知识来扩大巴基斯坦伊斯兰银行业的规模。

原创性/价值

该研究帮助投资者、债权人、债务人和经理做出更好的决策。它还为监管机构和政策制定者提供了最新的有价值信息，可用于为巴基斯坦的金融业制定规则和政策。