This paper examines the effects of Islamic banking on the causal linkages between credit and GDP by comparing two sets of seven emerging countries, the first without Islamic banks, and the second with a dual banking system including both Islamic and conventional banks. Unlike previous studies,...

Takaful is an alternative form of financial instrument to insure assets, liabilities and other personal interests of individuals and organizations. Almost 30 years later, takaful has grown at such a rapid rate and the market has expanded from Western Asia, South Asia, South East Asia, Africa...

The rapid growth of Islamic banking has attracted much attention lately in the economic literature. At the same time, a mature body of the literature has shown that financial development is broadly conducive to economic growth, which raises the question as to whether a similar conclusion holds...

This study is attempted to determine the impact of some selected macroeconomic variables on the growth of Islamic finance. As Islamic finance is one of the most rapidly growing segment of the economy of Pakistan and other Islamic countries of the world. So, this study investigates the influence...

This paper examines the effects of Islamic banking on the causal linkages between credit and GDP by comparing two sets of seven emerging countries, the first without Islamic banks, and the second with a dual banking system including both Islamic and conventional banks. Unlike previous studies,...

Purpose - This study aims to empirically investigate the connection between Islamic finance and economic growth in Turkey using the endogenous growth model. Design/methodology/approach - It applies quantile regression with the Markov chain marginal bootstrap resampling technique by adopting...