Basel III implementation outcome in Islamic banks
Omar Masood,
Mondher Bellalah and
Shahid M K Ghauri
Journal of Risk
Abstract:
Although it was designed to improve and stabilize the financial system worldwide, especially in developing and emerging countries, the implementation of Basel III has involved a number of challenges and obstacles. Pakistan, with its recent economic expansion and lagging rate of Basel III implementation, is among the countries that have confronted such impediments. In this paper, our empirical analysis is based on a survey of risk managers. Its goal to improve capital standards and its scientific treatment of risk ensures that Basel III is well regarded, specifically in the Islamic banking sector of Pakistan. The hindrance to its implementation is operational risk; this problem has only been partially addressed. The publicly owned banks are considered less proficient than the privately owned banks.
References: Add references at CitEc
Citations:
Downloads: (external link)
https://www.risk.net/journal-of-risk/4973711/basel ... ome-in-islamic-banks (text/html)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:rsk:journ4:4973711
Access Statistics for this article
More articles in Journal of Risk from Journal of Risk
Bibliographic data for series maintained by Thomas Paine ().