Balancing Islamic and Conventional Banking for Economic Growth
Empirical Evidence from Emerging Economies
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Beschreibung
This Palgrave Pivot empirically analyzes the role of conventional and interest-free Islamic banking in the growth process of developing Islamic nations. After explaining the theoretical background of this dual banking system structure, the book then empirically analyzes growth in a variety of sectors - such as agriculture, manufacturing, and tourism - in the predominantly Muslim countries of Turkey, Malaysia, Indonesia, and Qatar. Finally, the book concludes with a detailed comparison of policy efficiency surrounding the dual bank structure, providing advice from more successful countries that can be applied to those still struggling to find a balance.
Examines correlations between Islamic finance and economic development Includes a comprehensive overview of key industries in each country Gives policy recommendations for harmonizing two different banking systems Includes supplementary material: sn.pub/extras
Autor*in
Murat USTAOĞLU
Themen in »Balancing Islamic and Conventional Banking for Economic Growth«
islamic banking interest usury religion and finance growth sectors modernization islamic finance banking development finance