Islamic finance: financial inclusion or migration?
165
ISBN/ISSN: 0128-1976 (Printed) | E-ISSN 2289-4365
Author: Ahmed Tahiri Jouti
Pages: 12
Year: 2018
This publication is part of the journal (2018-2)
Purpose - This paper aims to define a methodology to assess the impact of introducing Islamic finance on financial inclusion.
Design/methodology/approach - The paper is based on a literature review to understand the link between Islamic finance and financial inclusion. The second part of the paper presents a conceptual framework to assess the impact of introducing Islamic finance on financial inclusion in a defined context based on the profiling of people interested in Islamic finance.
Findings - The paper brings an insight on the impact of introducing Islamic finance. Indeed, it could cause a financial migration to Islamic banks that can take many forms and depends on many factors that call for deep analysis.
Research limitations/implications - The paper would help financial authorities and financial institutions to measure the impact of introducing Islamic finance on their businesses and the stability of the whole system.
Practical implications - Islamic finance can not only enhance financial inclusion but also create financial migration. The two implications can vary from one context to another.
Social implications - Islamic finance can contribute in the effort of including “self-excluded” people with religious concerns as well as people without access to financial services.
Originality/value - This paper promotes the idea that Islamic finance is not exclusively a way to enhance financial inclusion.
Keywords: Islamic finance, Financial inclusion, Financial migration, Unbanked people, Self-exclusion, Lack of access
Unfortunately your account does not have the necessary access level to continue.
We would like to suggest that you upgrade account to enjoy more benefits on this website.
ADVERTISEMENT
