Abstract
Very few researchers have attempted to assess the impact of Islamic
banking on both the demand and the supply sides of financial inclusion. Our study
fills this gap by investigating 14 middle and 14 lower income countries from Asia
and Africa over the period 2005-2014. Random effects panel regression technique
based on Hausman’s specification test has been used to analyse the data. Results
indicate that Islamic banking is significantly contributing to the demand side of
financial inclusion (borrowers’ side or the users of banks financing). This research
has important policy implications for regulatory authorities of Muslim countries to
enhance financial inclusion.
Waheed Akhter, Muhammad Umer Majeed, David Roubaud. (2019) Islamic Banking and Financial Inclusion: Evidence from Asian and African Markets, Journal of Islamic Business and Management, Vol ume 9, Issue 2.
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