Comparative Risk Management in Islamic and Conventional Banks: Evidence from Albania, Bosnia and Turkey

Proposed Structure for Master’s Thesis (~10,000 – 12,000 words)


1. Abstract (150–250 words)

A brief summary of the aim, methodology, key findings, and recommendations of the study.


2. Introduction (700–1,000 words)

  • Background and context of the study
  • Significance and rationale of the research
  • Research questions
  • Objectives and hypotheses
  • Structure of the thesis

3. Literature Review (2,000–2,500 words)

  • Overview of risk management theories in conventional and Islamic banking
  • Principles of Islamic finance (e.g., prohibition of riba, risk-sharing, murabaha, mudarabah contracts, etc.)
  • Regulatory standards (Basel II/III, AAOIFI, IFSB)
  • Previous studies and comparative analyses from other countries
  • Comparative analysis: how risk management differs between Islamic and conventional banks

4. Methodology (1,000–1,500 words)

  • Research design: comparative case study
  • Country and bank selection (sampling):
    • Albania: Union Bank (with Islamic finance elements) or macro-level analysis
    • Bosnia: Bosna Bank International (Islamic) vs Raiffeisen Bank Bosnia (Conventional)
    • Turkey: Kuveyt Türk / Albaraka Türk (Islamic) vs Türkiye İş Bankası (Conventional)
  • Type of data: secondary (annual reports, central bank data, academic publications)
  • Method of analysis: financial ratio analysis and comparative risk indicator evaluation

5. Data Analysis and Findings (3,000–3,500 words)

  • Presentation and interpretation of data from bank reports (e.g., NPL ratio, CAR, liquidity ratio)
  • Use of tables and comparative graphs
  • Analysis of similarities and differences in risk management practices
  • Explanation of how legal-religious frameworks influence risk management
  • Real-world examples of crises or risk scenarios managed differently

6. Discussion (1,000–1,500 words)

  • Interpretation of findings in light of existing literature
  • Impact of local regulations and banking practices
  • Influence of international standards (Basel, AAOIFI, IFSB)
  • Discussion on advantages and limitations of each banking model

7. Conclusion and Recommendations (600–800 words)

  • Summary of main findings
  • Limitations of the study
  • Recommendations for policy, practice, or further research

8. References / Bibliography

Formatted according to your university’s required citation style (APA, Chicago, Harvard, etc.)

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