eprintid: 11667 rev_number: 2 eprint_status: archive userid: 1 dir: disk0/00/01/16/67 datestamp: 2023-11-10 03:26:11 lastmod: 2023-11-10 03:26:11 status_changed: 2023-11-10 01:15:48 type: article metadata_visibility: show creators_name: Jan, A. creators_name: Marimuthu, M. creators_name: Bin Mohd Mat Isa, M.P. creators_name: Shad, M.K. title: Bankruptcy forecasting and economic sustainability profile of the market leading Islamic banking countries ispublished: pub note: cited By 10 abstract: This study used bankruptcy forecasting as a proxy for measuring economic sustainability profile of the Islamic banks in the market leading Islamic banking countries. The countries are Malaysia, Saudi Arabia, Iran, UAE and Kuwait. A sample of 29 Islamic banks with a post-crisis period data from 2009-2013 was collected for empirical testing. Results indicated that Saudi Arabian Islamic banks recorded the most minimal bankruptcy rate of 29 percent, followed by UAE with 31 percent, Kuwait with 48 percent, Malaysia with 55 percent and Iran with 68 percent respectively. The results further indicated that profitability, liquidity, insolvency, and productivity ratios have a significant positive impact on bankruptcy profile of the selected Islamic banks. This study lends credence to multiple stakeholders for taking appropriate measures regarding the deteriorating economic sustainability of the Islamic banks in the market leading Islamic banking countries. It also urges to develop a separate Shariah-based sustainability measurement framework for the Islamic banks. Copyright © 2019, IGI Global. date: 2019 publisher: IGI Global official_url: https://www.scopus.com/inward/record.uri?eid=2-s2.0-85062195049&doi=10.4018%2fIJABIM.2019040104&partnerID=40&md5=946054c818db2d504d151a3a452dd98b id_number: 10.4018/IJABIM.2019040104 full_text_status: none publication: International Journal of Asian Business and Information Management volume: 10 number: 2 pagerange: 73-90 refereed: TRUE issn: 19479638 citation: Jan, A. and Marimuthu, M. and Bin Mohd Mat Isa, M.P. and Shad, M.K. (2019) Bankruptcy forecasting and economic sustainability profile of the market leading Islamic banking countries. International Journal of Asian Business and Information Management, 10 (2). pp. 73-90. ISSN 19479638