ANALYSIS OF ISLAMIC BANKING INDUSTRY IN THE REPUBLIC OF SUDAN

KURT GÜMÜŞ G., Aktaif B., Masood O.

ACTUAL PROBLEMS OF ECONOMICS, no.122, pp.379-389, 2011 (SSCI) identifier identifier

  • Publication Type: Article / Article
  • Volume: Issue: 122
  • Publication Date: 2011
  • Journal Name: ACTUAL PROBLEMS OF ECONOMICS
  • Journal Indexes: Social Sciences Citation Index (SSCI), Scopus
  • Page Numbers: pp.379-389
  • Keywords: Islamic banking, Sudan, financial performance, profitability
  • Dokuz Eylül University Affiliated: Yes

Abstract

This paper seeks to analyze the financial performance of the selected Sudanese Islamic banks and highlight their growth using financial statement analysis. The procedure involves calculating numerous financial ratios and categorizing them into 5 key groups in order to examine profitability, earning potential, liquidity, credit risk, and assets activity. Findings reveal that Sudanese Islamic banks are doing very well in terms of generating reasonable profits, and the liquidity earning performance and asset activity performance of the 3 selected banks is satisfactory. Finally, while analyzing the credit risk we found that Sudanese Islamic banks are taking excessive risks.