Abstract

The evaluation of banking performance is a holistic continuous activity that reflects the success of banks and their ability to support the public administration in performing its basic functions successfully. Perhaps the evaluation of banking performance according to Islamic standards in comparison with traditional banks stems from an economic, financial and non-financial developmental societal concept characterized by flexibility and connection with reality. It is directed towards economic and social responsibility through the use of distinct tools in mobilizing local and foreign savings and contributing to the financing of investments that represent the backbone of economic activity and play an active role in meeting the requirements of contemporary life for individuals and institutions. When banks depart from the criteria for evaluating sound performance, banking functions become a cause of turmoil and possibly comprehensive crises.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.