Purpose – This paper aims to compute the Malmquist Index of Islamic and conventional banks to compare their performance in the sample period of 2005-2009. Islamic banks have been showing tremendous growth throughout the world in recent past. Their progress is exceptional in Islamic countries...

Purpose – Although there exists a huge pile of literature on the performance of banking sector, a gap exists in developing countries like Pakistan where only limited work has been previously done to evaluate the performance of banking sector. In fact, most of the previous studies are based on...