Business Management and Strategy • Vol 10 • No 2
Bankruptcy Profile of the Islamic Banking Industry: Evidence from Pakistan
November 2019 • Ahmad Ali Jan, Muhammad Tahir, Fong‐Woon Lai, Amin Jan, Mehreen Mehreen, Salaheldin Hamad
The purpose of this study is to examine the bankruptcy profile of the Islamic banking industry in Pakistan for the post-crisis period 2007-2008. This study used Altman’s Z-score bankruptcy evaluation model for evaluating bankruptcy rates of the sampled Islamic banks from Pakistan for the post-crisis period 2009-2015. ANOVA result shows the P-value with 0.002, which implies that the sampled Islamic banks from Pakistan do differ in their rates of bankruptcy. Regression results show that the variables liquidity and p…