<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>The purpose of this study is to compare financial performance of the Islamic banks in the COVID-19 Era. The performance evaluation was conducted on seven Islamic countries between 2017 and 2021. Entropy Method was utilized to choose the best performance evaluation criteria affecting the Islamic banks’ performance and Waspas Method was used to determine the best performing Islamic country. The results indicate that ‘liquid assets to short-term liabilities’ is the best performance criteria for Islamic banks during the ‘whole period’, ‘no pandemic period’ and ‘pandemic period’. Additionally, while the Islamic country with the best performance was Bangladesh during ‘no pandemic period’, Turkey was the leading Islamic country for both ‘whole period’ and ‘pandemic period’.</p>
</abstract>

The purpose of this study is to compare financial performance of the Islamic banks in the COVID-19 Era. The performance evaluation was conducted on seven Islamic countries between 2017 and 2021. Entropy Method was utilized to choose the best performance evaluation criteria affecting the Islamic banks’ performance and Waspas Method was used to determine the best performing Islamic country. The results indicate that ‘liquid assets to short-term liabilities’ is the best performance criteria for Islamic banks during the ‘whole period’, ‘no pandemic period’ and ‘pandemic period’. Additionally, while the Islamic country with the best performance was Bangladesh during ‘no pandemic period’, Turkey was the leading Islamic country for both ‘whole period’ and ‘pandemic period’.

Entropy-Based Waspas approach for financial performance in the COVID-19 era: Evidence from Islamic countries

Financial Internet Quarterly

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

The purpose of this study is to compare financial performance of the Islamic banks in the COVID-19 Era. The performance evaluation was conducted on seven...

Entropy-Based Waspas approach for financial performance in the COVID-19 era: Evidence from Islamic countries

Published Online: Oct 06, 2023

Page range: 48 - 61

Received: Jun 23, 2023

Accepted: Sep 04, 2023

DOI: https://doi.org/10.2478/fiqf-2023-0018

Keywords
Financial Performance, Islamic Banking, COVID-19, Entropy Method, Waspas Method

© 2023 Hilal H. Erdogan, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Entropy-Based Waspas approach for financial performance in the COVID-19 era: Evidence from Islamic countries

Published Online: Oct 06, 2023

Page range: 48 - 61

Received: Jun 23, 2023

Accepted: Sep 04, 2023

DOI: https://doi.org/10.2478/fiqf-2023-0018

KeywordsFinancial Performance, Islamic Banking, COVID-19, Entropy Method, Waspas Method

© 2023 Hilal H. Erdogan, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Keywords
Financial Performance, Islamic Banking, COVID-19, Entropy Method, Waspas Method