Critical financial analysis of Islamic bank in the Philippines: case study of Amanah Islamic bank

The inspiration to delve into the contemporary status of Islamic banking and finance in the Philippines has led this study to analyze the financial condition of Amanah Islamic Bank (AIB) and recommend improvements in its financial performance. This secondary databased study utilizes library research...

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Main Authors:	Ibrahim, Hasmiene Diocolano, Omar, Normah, Hamdan, Hamdino
Format:	Article
Language:	English English English
Published:	Kolej University Islam Sultan Azlan Shah 2018
Subjects:	HG1501 Banking HG3368 Islamic Banking and Finance
Online Access:	http://irep.iium.edu.my/64759/ http://irep.iium.edu.my/64759/ http://irep.iium.edu.my/64759/1/64759_Critical%20financial%20analysis.pdf http://irep.iium.edu.my/64759/2/64759_Critical%20financial%20analysis_SCOPUS.pdf http://irep.iium.edu.my/64759/13/64759_Critical%20financial%20analysis%20of%20Islamic%20bank%20in%20the%20Philippines_WoS.pdf

id	iium-64759
recordtype	eprints
spelling	iium-647592018-10-15T07:42:48Z http://irep.iium.edu.my/64759/ Critical financial analysis of Islamic bank in the Philippines: case study of Amanah Islamic bank Ibrahim, Hasmiene Diocolano Omar, Normah Hamdan, Hamdino HG1501 Banking HG3368 Islamic Banking and Finance The inspiration to delve into the contemporary status of Islamic banking and finance in the Philippines has led this study to analyze the financial condition of Amanah Islamic Bank (AIB) and recommend improvements in its financial performance. This secondary databased study utilizes library research and content analysis, particularly using the capital, asset, management, earnings, and liquidity parameters. AIB is the rebranded version of Al-Amanah Islamic Investment Bank of the Philippines. At present, AIB has nine branches and is the only authorized bank in the Philippines to offer Islamic banking products and services. Presidential Decree No. 542, which was signed in 1974, directed the AIB to implement an Islamic model of banking and financing, particularly following the "no interest principle" and partnership mechanisms. However, this order was not completely implemented because "conventional banking" dominated the AIB's operation. This study contributes to the continuing effort to convert AIB into a full-fledged Islamic bank and simultaneously contend with the emerging growth of the banking industry. © 2018, Kolej University Islam Sultan Azlan Shah. Kolej University Islam Sultan Azlan Shah 2018 Article PeerReviewed application/pdf en http://irep.iium.edu.my/64759/1/64759_Critical%20financial%20analysis.pdf application/pdf en http://irep.iium.edu.my/64759/2/64759_Critical%20financial%20analysis_SCOPUS.pdf application/pdf en http://irep.iium.edu.my/64759/13/64759_Critical%20financial%20analysis%20of%20Islamic%20bank%20in%20the%20Philippines_WoS.pdf Ibrahim, Hasmiene Diocolano and Omar, Normah and Hamdan, Hamdino (2018) Critical financial analysis of Islamic bank in the Philippines: case study of Amanah Islamic bank. Global Journal Al-Thaqafah, 2018 (Spec.). pp. 145-156. ISSN 2232-0474 E-ISSN 2232-0482 http://www.gjat.my/gjat2018si/SI2018-10.pdf
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English English English
topic	HG1501 Banking HG3368 Islamic Banking and Finance
spellingShingle	HG1501 Banking HG3368 Islamic Banking and Finance Ibrahim, Hasmiene Diocolano Omar, Normah Hamdan, Hamdino Critical financial analysis of Islamic bank in the Philippines: case study of Amanah Islamic bank
description	The inspiration to delve into the contemporary status of Islamic banking and finance in the Philippines has led this study to analyze the financial condition of Amanah Islamic Bank (AIB) and recommend improvements in its financial performance. This secondary databased study utilizes library research and content analysis, particularly using the capital, asset, management, earnings, and liquidity parameters. AIB is the rebranded version of Al-Amanah Islamic Investment Bank of the Philippines. At present, AIB has nine branches and is the only authorized bank in the Philippines to offer Islamic banking products and services. Presidential Decree No. 542, which was signed in 1974, directed the AIB to implement an Islamic model of banking and financing, particularly following the "no interest principle" and partnership mechanisms. However, this order was not completely implemented because "conventional banking" dominated the AIB's operation. This study contributes to the continuing effort to convert AIB into a full-fledged Islamic bank and simultaneously contend with the emerging growth of the banking industry. © 2018, Kolej University Islam Sultan Azlan Shah.
format	Article
author	Ibrahim, Hasmiene Diocolano Omar, Normah Hamdan, Hamdino
author_facet	Ibrahim, Hasmiene Diocolano Omar, Normah Hamdan, Hamdino
author_sort	Ibrahim, Hasmiene Diocolano
title	Critical financial analysis of Islamic bank in the Philippines: case study of Amanah Islamic bank
title_short	Critical financial analysis of Islamic bank in the Philippines: case study of Amanah Islamic bank
title_full	Critical financial analysis of Islamic bank in the Philippines: case study of Amanah Islamic bank
title_fullStr	Critical financial analysis of Islamic bank in the Philippines: case study of Amanah Islamic bank
title_full_unstemmed	Critical financial analysis of Islamic bank in the Philippines: case study of Amanah Islamic bank
title_sort	critical financial analysis of islamic bank in the philippines: case study of amanah islamic bank
publisher	Kolej University Islam Sultan Azlan Shah
publishDate	2018
url	http://irep.iium.edu.my/64759/ http://irep.iium.edu.my/64759/ http://irep.iium.edu.my/64759/1/64759_Critical%20financial%20analysis.pdf http://irep.iium.edu.my/64759/2/64759_Critical%20financial%20analysis_SCOPUS.pdf http://irep.iium.edu.my/64759/13/64759_Critical%20financial%20analysis%20of%20Islamic%20bank%20in%20the%20Philippines_WoS.pdf
first_indexed	2023-09-18T21:31:54Z
last_indexed	2023-09-18T21:31:54Z
_version_	1777412566974201856

Critical financial analysis of Islamic bank in the Philippines: case study of Amanah Islamic bank

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