UNDERSTANDING THE GROWTH AND IMPACT OF ISLAMIC BANK BRANCH OFFICES IN PAKISTAN: AN EMPIRICAL ANALYSIS

Authors

  • Madina Mukhamadjanova The University of world economy and diplomacy

Keywords:

Key words: Islamic finance, Islamic banking, Parabolic model, RMSE, MAE, Branch office growth.

Abstract

Abstract: The global presence of the Islamic finance sector has grown as a significant alternative to traditional finance. Islamic banking has grown quickly in Pakistan thanks to its foundation in Sharia law, which places a strong emphasis on moral behaviour and equitable revenue distribution. An empirical examination into the spread and socioeconomic effects of Islamic bank branch offices throughout Pakistan is conducted in this paper. The trend parabolic model was applied in order to get more precise results and it was predicted how many branches will be in Pakistan in 2025.

References

REFERENCES:

Baloch, S. (2023, May 22). Islamic Bank Benefits in Pakistan: Unlocking Financial Oportunities for a Flourishing Future. Medium. https://hitzoney.medium.com/islamic-bank-benefits-in-pakistan-unlocking-financial-opportunities-for-a-flourishing-future-1e92875c409#:~:text=In%20conclusion%2C%20Islamic%20banking%20in

IFSB. (2019). Ifsb.org. https://www.ifsb.org/

Islamic Economics. (2021, January 24). Islamic Banking and Finance in Pakistan. Islamic Economics & Finance. https://islamiceconomics.net/islamic-banking-and-finance-in-pakistan/#:~:text=Islamic%20banking%20in%20Pakistan%20has

Islamic Financial Services Board (IFSB). (n.d.). Www.ifsb.org. https://www.ifsb.org/psifi_03.php

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Published

2023-12-16