Abstract:
The purpose of the study was to evaluate the effects of Musharakah contracts on the financial performance of Islamic banks in Kenya. A descriptive research design was used in this study focusing on Islamic banks and Islamic windows. The population of the study consisted of bank managers. Sample data was collected by use of the questionnaires administered by the researcher. Data analysis and interpretation was based on descriptive statistics. Regression analysis and analysis of variance (ANOVA) were employed. The study concluded that Musharakah contracts positively influence the performance of Islamic banks in Kenya and recommends that more investments should be done by creating more banking networks across the country.
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