Bank performance in the perception of Islamic financing receivables (IFR) and its components
Bank Muscat (BM) is a prominent contributor in financial services in Oman, which focuses on corporate, personal, Islamic, global, and investment banking activities. BM provides loans and advances to their customers in two different categories viz., loans and advances (conventional) and Islamic finan...
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| Format: | Journal Article |
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2020
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| Online Access: | https://ijariie.com/FormDetails.aspx?MenuScriptId=202066 http://hdl.handle.net/20.500.11937/95181 |
| _version_ | 1848765978608926720 |
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| author | Rengasamy, Dhanuskodi |
| author_facet | Rengasamy, Dhanuskodi |
| author_sort | Rengasamy, Dhanuskodi |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | Bank Muscat (BM) is a prominent contributor in financial services in Oman, which focuses on corporate, personal, Islamic, global, and investment banking activities. BM provides loans and advances to their customers in two different categories viz., loans and advances (conventional) and Islamic financing receivables (IFR). As per the BM’s statement of financial position, IFR includes three types of credits to their customers are housing finance, corporate finance, and consumer finance. The objectives of the study are to identify the growth percentage, compound annual growth rate (CAGR), trend and growth of IFR and its components of BM, during the study period (2013 to 2018). The study is based on secondary data, it has been collected from annual reports of BM. The overall result of the study indicates that the growth percentage of IFR and its components are positive throughout the study period and CAGR for IFR, housing finance, consumer finance, and corporate finance are 31.79%, 19.37%, 32.08%, and 52.32% respectively. The growth rate for all four items indicates a positive value. For the entire period of the study, the actual value of IFR and its components has reached the trend value. Overall, the performance of BM is satisfactory in respect of IFR and its components. |
| first_indexed | 2025-11-14T11:43:50Z |
| format | Journal Article |
| id | curtin-20.500.11937-95181 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T11:43:50Z |
| publishDate | 2020 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-951812024-07-02T04:31:08Z Bank performance in the perception of Islamic financing receivables (IFR) and its components Rengasamy, Dhanuskodi Bank Muscat (BM) is a prominent contributor in financial services in Oman, which focuses on corporate, personal, Islamic, global, and investment banking activities. BM provides loans and advances to their customers in two different categories viz., loans and advances (conventional) and Islamic financing receivables (IFR). As per the BM’s statement of financial position, IFR includes three types of credits to their customers are housing finance, corporate finance, and consumer finance. The objectives of the study are to identify the growth percentage, compound annual growth rate (CAGR), trend and growth of IFR and its components of BM, during the study period (2013 to 2018). The study is based on secondary data, it has been collected from annual reports of BM. The overall result of the study indicates that the growth percentage of IFR and its components are positive throughout the study period and CAGR for IFR, housing finance, consumer finance, and corporate finance are 31.79%, 19.37%, 32.08%, and 52.32% respectively. The growth rate for all four items indicates a positive value. For the entire period of the study, the actual value of IFR and its components has reached the trend value. Overall, the performance of BM is satisfactory in respect of IFR and its components. 2020 Journal Article http://hdl.handle.net/20.500.11937/95181 https://ijariie.com/FormDetails.aspx?MenuScriptId=202066 http://creativecommons.org/licenses/by-sa/4.0/ fulltext |
| spellingShingle | Rengasamy, Dhanuskodi Bank performance in the perception of Islamic financing receivables (IFR) and its components |
| title | Bank performance in the perception of Islamic financing receivables (IFR) and its components |
| title_full | Bank performance in the perception of Islamic financing receivables (IFR) and its components |
| title_fullStr | Bank performance in the perception of Islamic financing receivables (IFR) and its components |
| title_full_unstemmed | Bank performance in the perception of Islamic financing receivables (IFR) and its components |
| title_short | Bank performance in the perception of Islamic financing receivables (IFR) and its components |
| title_sort | bank performance in the perception of islamic financing receivables (ifr) and its components |
| url | https://ijariie.com/FormDetails.aspx?MenuScriptId=202066 http://hdl.handle.net/20.500.11937/95181 |