Raed Ahmad Abu Eid
The assessment of the performance of the Islamic banks is still an unexplored area, and there is a limited perspective of performance evaluation, which affects the level of Islamic banking performance and remains arguable. This study has tried to conceptualized Kaplan & Norton's (1996, 2001) Balanced Scorecard and its comparison with the current presentation calculation structure of the Islamic banks. This study has introduced guidelines to the better output of Islamic banks for Shariah Compliance by using BSC measures. This study has found a useful connection among BSC estimates, attributes of Shariah Compliance, and Islamic banks' performance. Tremendous improvement has been seen by Banks, which used both; the BSC and Shariah estimates. The research was limited in its scope of investigation for implementation and applicability of the stabilized Scorecard theory (Kaplan and Norton, 1992) in the Islamic Banking Sector only due to time constraints. For future researchers, this study can also form a basis for establishing a more coherent model and an aspiration to improve the findings and results of this study.
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