Daly, Saida and Frikha, Mohamed,(2016), Banks and economic growth in developing countries: What about Islamic banks? , Daly & Frikha, Cogent Economics & Finance, UNSPECIFIED
Text
Restricted to Repository staff only
Download (808kB)
Restricted to Repository staff only
Download (808kB)
Abstract
Islamic banks (IBs) have a significant role in the growth of gross domestic
product of the developing countries. The Islamic participatory schemes integrate
the assets of lenders and borrowers. They allow enable IBs to lend on a longer
term basis to create projects with higher risk-return profiles and, thus, to support
economic growth. Our investigation examines the contribution of Islamic finance
in economic growth. Using a panel data-set, we compare between IBs and conventional
banks in their adding to economic growth. We studied a sample of 120 banks
between 2005 and 2012. By means of three ordinary least-square regressions, our
empirical investigation reveals that the development of non-usurious banks supports
economic growth. Moreover, the cooperation between the two financing
modes improves economic growth. The integration of this new funding never neglected
the role of the conventional method of financing. The practice of IBs is also
away from their theoretical mode in terms of participation results.
Keywords : | Islamic banks; conventional banks; economic growth; ordinary least square, UNSPECIFIED |
---|---|
Journal or Publication Title: | Daly & Frikha, Cogent Economics & Finance |
Volume: | 4 |
Number: | UNSPECIFIED |
Item Type: | Article |
Subjects: | Ekonomi Islam |
Depositing User: | Users 15 not found. |
Date Deposited: | 30 Dec 2019 02:52 |
Last Modified: | 30 Dec 2019 02:52 |
URI: | https://repofeb.undip.ac.id/id/eprint/1142 |