The impact of shariah governance, risk management and financial innovation upon performance: organizational agility as mediator

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Tarih

2025

Dergi Başlığı

Dergi ISSN

Cilt Başlığı

Yayıncı

Gomal University

Erişim Hakkı

info:eu-repo/semantics/openAccess

Araştırma projeleri

Organizasyon Birimleri

Dergi sayısı

Özet

This study examined the impact of Shariah governance, risk management, and financial innovation on performance of Islamic financial institutions (IFIs) in Pakistan, with a specific focus on mediating role of organizational agility. A quantitative research design was employed, and data were collected through structured questionnaire from 300 managers of Islamic banks across Pakistan. The findings, analyzed using the Partial Least Squares Structural Equation Modeling (PLS-SEM), revealed that Shariah governance and risk management had a significant effect upon IFI performance, while financial innovation exhibited moderate yet positive impact. Moreover, organizational agility partially mediated relationships, indicating that agility played crucial role in enhancing effectiveness of governance, risk management & innovation in driving performance. These results offer valued insights for policymakers and Islamic financial institutions, emphasizing the need for robust Shariah governance frameworks, proactive risk management strategies & continuous financial innovation to sustain and enhance institutional performance. This study donates to literature by integrating organizational agility as mediator, offering novel perspective on how Shariah governance, risk management, and financial innovation collectively enhance performance of Islamic financial institutions.

Açıklama

Anahtar Kelimeler

Shariah Governance, Risk Management, Financial Innovation, Performance of Islamic Financial Institutions, Organizational Agility

Kaynak

Gomal University Journal of Research

WoS Q DeÄŸeri

Scopus Q DeÄŸeri

Cilt

41

Sayı

1

Künye

Liaqat, M. M., Sair, S. A., & Sohail, A. (2025). The impact of shariah governance, risk management and financial innovation upon performance: organizational agility as mediator. Gomal University Journal of Research, 41(1), pp. 1-12. https://doi.org/10.51380/gujr-41-01-01