IDEAS home Printed from https://ideas.repec.org/p/zbw/esprep/341015.html

Moderating Role of Shariah Committee Quality in the Effect of Board of Directors Effectiveness on Performance of Takaful Companies in Pakistan

Author

Listed:
  • Ahmed, Abrar
  • Siddiqui, Danish Ahmed

Abstract

Objective: This study examines the effect of Board of Directors (BOD) effectiveness on the performance of Takaful companies in Pakistan, with a focus on the moderating role of Shariah Committee quality. It aims to assess how governance elements influence firm performance in the Islamic finance context. Sampling: The study uses panel data from 14 Takaful firms in Pakistan, covering a five-year period (2018-2022). Data were sourced from annual reports and official governance disclosures. Methodology: A quantitative approach is used, employing multiple regression analysis with interaction effects to test the relationships between BOD effectiveness, Shariah committee quality, and firm performance (measured by ROA, ROE, and Tobin's Q). Results: The findings reveal that Board Independence, Shariah Committee Expertise, and Shariah Committee Independence significantly improve firm performance. Conversely, CEO Duality, Shariah Committee Size, and Meeting Frequency show no significant impact. Implications and Significance: The results highlight the importance of board independence and Shariah competence over structural factors. This study offers empirical guidance for regulators, policymakers, and Takaful firms to strengthen governance frameworks and enhance performance through high-quality dual governance.

Suggested Citation

  • Ahmed, Abrar & Siddiqui, Danish Ahmed, 2026. "Moderating Role of Shariah Committee Quality in the Effect of Board of Directors Effectiveness on Performance of Takaful Companies in Pakistan," EconStor Preprints 341015, ZBW - Leibniz Information Centre for Economics.
    • Handle: RePEc:zbw:esprep:341015
    as

    Download full text from publisher

    File URL: https://www.econstor.eu/bitstream/10419/341015/1/Takaful-Companies-Pakistan.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:zbw:esprep:341015. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ZBW - Leibniz Information Centre for Economics (email available below). General contact details of provider: https://edirc.repec.org/data/zbwkide.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.