The study has been conducted to find the correlation between the debt financing
and value maximization of Islamic banking. To answer this question this study
goes through the annual report of the financial year 2008-2009 and financial
year 2009-2010 of the all seven Islamic banks of Bangladesh. The study has
shown that the relation between debts financing to value maximization is
positively correlated except for net income, EPS and ROA. For disagreement
with the positive relationship is that some Islamic banks recently have
converted from conventional banking to Islamic banking.
