Appraising the Index of Revealing Social Accountability and Deliberating the Relationship of This Index with Banks Financial Performance in Iran (Under Islamic Approach)

Karami, Gholamreza; Ghayyumi, Zohreh; Ebrahimi Kordlar, Ali

Appraising the Index of Revealing Social Accountability and Deliberating the Relationship of This Index with Banks Financial Performance in Iran (Under Islamic Approach)

Authors

Gholamreza Karami ¹

Zohreh Ghayyumi ²

Ali Ebrahimi Kordlar ³

¹ Associate Professor, Management Faculty, Tehran University

² Correspondent Author: Ph.D. Student, Tehran University, Farabi

³ Assistant Professor, Tehran University

Abstract

First, the level of fulfilling social-Islamic accountability of the banks in Iran is deliberated with respect to the expected international level in this article. Then, using variance analysis method, the relationship between the level of revealing social-Islamic accountability and financial performance of the banks is studied. The outcomes indicate that the banks in Iran do not perform social-Islamic accountabilities and performing such responsibilities do not leave any impression on their financial performance, too.

Keywords

Islamic Banking and Financial Performance

Banks Social –Islamic Accountability in Iran

Islamic Banking in Iran