IMF paper finds weak link between Islamic banking and financial inclusion
Islamic banks could do more to boost financial inclusion
The link between Islamic banking and financial inclusion is weak and only holds for some measures of inclusiveness, research published by the International Monetary Fund has found.
The working paper, Can Islamic banking increase financial inclusion?, by Sami Ben Naceur, Adolfo Barajas and Alexander Massara, seeks an empirical relationship between the growth of Islamic banking and financial inclusion, but struggles to do so. The researchers find "weak and tentative" evidence of a link for some
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