Challenges and failure of Implementation of Basel Accord II and reasons to adopt Basel III both in Islamic and Conventional Banks
Keywords:Basel Accord, Financial Institution, Failure, Implementation, Basel Committee on banking supervision, Risk Weighted Assets, CAR, Credit Risk.
AbstractThis article is about the failure of Basel Accord II and reasons to adopt the Basel Accord III in both conventional as well as Islamic financial institutions. Our main objective is that why the Basel accord II fail? And why we need the Basel Accord III? For this purpose we use both the data collection sources (Primary and Secondary). For secondary data we pick up the balance sheet of Islamic as well as conventional banks and for the primary data we fill the questionnaire from the credit and operational mangers of the banks.
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