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Finance of Islamic Ethics, Conventional Finance and Economic Growth: Applying Dynamic Panel Data
[Finance de l'éthique islamique, finance conventionnelle et croissance économique: Application de données de panel dynamiques]

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  • Abderraouf Ben Ahmed Mtiraoui

    (Université de Sousse)

Abstract

The purpose of this article is to study, in the first place, the theoretical framework of the relationship between Islamic finance, conventional finance and economic growth. Second, we reviewed the review of the existing literature that highlights the nature of the relationship between financial development and economic growth, while considering the role played by Islamic finance as a catalyst for economic growth in the region. Investment orientation. Lastly, we empirically try to discover the impacts of Islamic finance and conventional finance on economic growth and therefore the relationship between conventional financial development and the financial development of Islamic ethics on economic growth. Our empirical validation is very diverse given the nature of the estimation methods used the GMM method in first differences and the GMM method in system for our study many Islamic country during twenty successive years (1990-2009).

Suggested Citation

  • Abderraouf Ben Ahmed Mtiraoui, 2019. "Finance of Islamic Ethics, Conventional Finance and Economic Growth: Applying Dynamic Panel Data [Finance de l'éthique islamique, finance conventionnelle et croissance économique: Application de do," Post-Print hal-02495603, HAL.
    • Handle: RePEc:hal:journl:hal-02495603
    Note: View the original document on HAL open archive server: https://hal.science/hal-02495603
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    References listed on IDEAS

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    1. Mohsin S. Khan & Abbas Mirakhor, 2009. "Monetary Management in an Islamic Economy الإدارة النقدية في اقتصاد إسلامي," Chapters of books published by the Islamic Economics Institute, KAAU or its faculty members., in: Islamic Economics Institute (ed.),Issues in the International Financial Crisis from an Islamic Perspective-05 قضايا في الأزمة المالية الدولية من منظور إسلامي, edition 1, chapter 12, pages 209-232, King Abdulaziz University, Islamic Economics Institute..
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    More about this item

    Keywords

    Islamic Finance; Conventional Finance; Economic Growth; Dynamic Panel Model; Finance Islamique; Finance Conventionnelle; Croissance économique; Modèle Panel dynamique;
    All these keywords.

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