Kachkar, Omar
Yükleniyor...
Araştırma projeleri
Organizasyon Birimleri
Yönetim Bilimleri Fakültesi, İşletme Bölümü
Küresel rekabete ayak uydurmak ve sürdürülebilir olmak isteyen tüm şirketler ve kurumlar, değişimi doğru bir şekilde yönetmek, teknolojinin gerekli kıldığı zihinsel ve operasyonel dönüşümü kurumlarına hızlı bir şekilde adapte etmek zorundadırlar.
Adı Soyadı
Omar Kachkar
İlgi Alanları
İslami finans, Sürdürülebilir Kalkınma Hedefleri, Mülteciler, Vakıf ve Zekât, Şeriat Yönetişimi
Kurumdaki Durumu
Aktif Personel
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Yayın A comparative analysis on regulations and treatment of shariah non-compliance risk for Islamic banks in Malaysia and Turkey(2023) Kachkar, Omar; Kachkar, Omar; Azrak, Tawfik; Kachkar, Omar; Alfares, Marwa; Yönetim Bilimleri Fakültesi, İşletme Bölümü; Yönetim Bilimleri Fakültesi, İşletme BölümüIslamic banks and conventional banks operate in different ways, thus, Islamic banks have different risk portfolios. Islamic banks are exposed to a unique kind of operational risk that is Sharia non-compliance risk (SNCR). The aim of this study is to examine the existing regulations and practices on SNCR in Turkey and Malaysia. The regulatory framework and guidelines in both countries have been critically analysed. This study has found that BNM has developed various advanced measures and procedures to manage SNC risk. the Central bank of Malaysia (BNM) has its own Sharia governance framework to effectively treat any SNC events. The Framework includes clear guidelines on SNCR management including control function, shariah risk management function, shariah review and sharia audit. This framework has played a key role in strengthening public confidence in the integrity, management and business operations of Islamic financial institutions including Islamic banks (IBs). On the other hand, the local standards of participation banks in Turkey are still in the process of formation. Up until now participation banks still operate under Turkish banking law which regulates Islamic banks as well as conventional banks with the same legislation. Thus, many experts believe that the sections which regulate the participation banks were not written in accordance with proper sharia guidance and its incompatible with shariah. Consequently, the absence and lack of proper sharia governance lead to misconceptions and complaints about the Islamic banking operations and occasionally faulty practices.Yayın How diverse are Shariah supervisory boards of Islamic banks? A global empirical survey(Emerald Publishing, 2022) Yılmaz, Mustafa Kemal; Kachkar, Omar; Yönetim Bilimleri Fakültesi, İşletme Bölümü; Yönetim Bilimleri Fakültesi, İşletme BölümüPurpose – This study examines diversity in the composition of Shariah Supervisory Boards (SSBs) of Islamic banks (IBs). It investigates diversity from two perspectives: 1) existing composition of SSBs, and 2) the regulatory frameworks and standards of selected Organization of Islamic Cooperation (OIC) countries. Diversity characteristics in this study include education, nationality, gender, and age. Design/methodology/approach – A list of all full-fledged Islamic commercial banks (FFICBs) globally has been carefully prepared and confirmed. Conventional banks with Islamic windows, non-commercial banks, takaful companies and other Islamic financial institutions are excluded. The available profiles of 428 SSB members have been scrutinised and analysed. These board members occupy 522 SSB positions in 238 FFICBs operating in 52 countries around the globe. From the regulatory perspective, twelve national and international Shariah governance frameworks and standards have been examined. Findings – The findings indicate various levels of diversity in the SSBs of the IBs. The level of diversity in educational background and nationality of the SSBs are generally acceptable. However, lack of diversity in gender and age among the SSB members is evident. While the lack of age diversity in SSBs maybe relatively justified as a common trend in the composition of corporate boards, the SSBs of FFICB are seriously lagging conventional banks in gender diversity. On the regulatory side, these results show that provisions on diversity requirement in the SSBs are almost non-existent in the existing frameworks and standards. Research limitations/ implications – The major limitation of this study is the lack of available information on the SSB members. Practical implications – This paper provides valuable insights for Islamic banks and policy makers concerned with the corporate governance of Islamic financial institutions. First, it offers an excellent bird’s-eye view of the status of diversity in the SSBs of Islamic banks. Second, it motivates policy makers and standard-setting bodies to ensure an adequate level of diversity in the composition of SSBs through relevant regulatory frameworks. This is of paramount importance to the reputation of Islamic finance industry which has been subject to mounting pressure to translate the rhetoric about the Islamic finance industry being ethical, fair, just, equitable and inclusive into genuine implementations. Originality/value – To the best of the authors’ knowledge, this study is the first of its kind to examine the diversity of the SSB members from the regulatory as well as implementation perspective.Yayın The impact of the Covid-19 pandemic on the profitability and operational efficiency of Turkish banks: A comparative analysis(Higher Colleges of Technology, 2022) Azrak, Tawfik; Bwando, William; Kachkar, Omar; Yönetim Bilimleri Fakültesi, İşletme BölümüThe World Health Organisation (WHO) declared COVID-19 a global pandemic on 11 March, 2020. This is the highest level of health emergency in the global health regulations. The pandemic affected all the global aspects of life including social, political and economic interactions amongst humanity. Like any other sector involved in day-to-day economic activities, the financial sector had its own reaction to the external economic shock induced by the COVID-19 pandemic. The first objective of this study is to empirically investigate the impact of the COVID-19 pandemic on the profitability and operational efficiency of conventional and participation banks in Turkey. The second objective of this study is to estimate the effect of the pandemic on the combined profitability and operational efficiency of the two categories together. Panel data with random effects was the main analysis methodology adopted by the study. The Turkish conventional banks examined by the study are Vakif Bank, Iş Bankasi, Ziraat Bankasi and Yapi Kredi and the participation banks are Kuwait Turk Bankasi, Albaraka, Turkiye Finans and Ziraat Katilim. The data used for the analysis ranges from 2016 to 2020. The results indicate that the pandemic had no effect on the profitability of the Turkish conventional banks but had a positive impact on the participation banks’ profitability. The results also suggest the pandemic had a negative impact on the operational efficiency of both conventional and participation banks. Moreover, for the combined analysis, the results could not establish any impact of the pandemic on the profitability of the two groups of banks in aggregate. However, the results of the study show negative impact of the pandemic on the combined efficiency of both sets of banks.Yayın The effect of the COVID-19 pandemic on the performance of Turkish banks: A comparative panel data analysis(Inderscience Publishers, 2024) Bwando, William; Kachkar, Omar; Yönetim Bilimleri Fakültesi, İşletme BölümüThis study investigates the impact of the COVID-19 pandemic on the performance of conventional and participation banks in Turkey. Panel data with random effects was the main analysis methodology adopted by the study. The data of ten banks was analysed within the range of 2015–2021. The results of the combined analyses could not establish any impact of the pandemic on the profitability of both groups of banks. The same result is also observed when the analysis is conducted on both groups separately. In contrast, a negative impact on the operational efficiency of banks was observed when the analysis was conducted on the two sets of the banks combined. Interestingly, the results suggest that the pandemic had a negative impact on the operational efficiency of participation banks but not on conventional banks when the analysis was conducted on the two sets of the banks separately.
