In the modern age, any economic quantity that is positively collated along with overall state
economic growth is considered better pro-cyclical. If it is not positively correlated, economic …

Many previous studies have focused on the impact of finance on economic growth.
However, few studies have examined the impact of Islamic banking on economic growth. To …

The purpose of this paper is twofold. First, it seeks to establish a consistent theoretical
framework for the relationship between Islamic finance and economic growth. Second, it …

The increasing presence of Islamic banking and finance in Malaysia's financial sector and
the country's exemplary role in the global Islamic finance industry has called for an …

The aims of the paper is to narrow the knowledge gap on Islamic banking and economics
through analyzing concepts, instruments, features, significance, and contributions to …

Purpose This paper aims to empirically assess the contribution of Islamic banks toward the
financial stability of Pakistan. For this, the authors investigate the relative financial strength of …

Purpose Does Islamic finance affect economic growth? The empirical literature in this area
seems to be in early stages and the results are often mixed and inconclusive. This paper …

This research aims to examine the impact of financial development on economic growth in
the context of the MENA countries. The study considers a number of measures of financial …

Purpose–The purpose of this paper is to compare the effects of Islamic financial
development and conventional financial development on the economic growth for five GCC …

The pre-eminence of Islamic finance from the perspective of economic growth has been a
long-standing debate. In recent decades, there has been a paradigm shift from interest …