An Assessment of Islamic Banking in Bosnia and Herzegovina – a comparative analysis using the CAMELS approach
An Assessment of Islamic Banking in Bosnia and Herzegovina – a comparative analysis using the CAMELS approach

Summary/Abstract: This paper examines the phenomenon of Islamic banking in Bosnia and Herzegovina.Although almost half of the Bosnian population is recognized as Islamic,there is only one bank purely based on Sharia operating in this country. The aimof the article is to conduct a comparative analysis of the financial standing of thisbank and the banking sector in this country and region. The chosen method ofanalysis is CAMELS, which examines an institution by taking into considerationits most crucial elements: capital, assets, management, earnings, liquidity and sensitivityto risk.

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