Balancing Islamic and Conventional Banking for Economic Growth: Empirical Evidence from Emerging Economies, pp.1-8, 2017 (Scopus) identifier


© The Author(s) 2017.Economics, as a social science, is a discipline that seeks to ensure a sound relationship between man and the universe, paying attention to human factor the most. It relies on the assumption that man will become happy when he attains greater prosperity and seeks to ensure that every individual improves their lifestyle by utilizing a variety of instruments. For this reason, many countries made efforts to implement the most appropriate policies in order to improve social welfare standards. The primary objective of these policies is to attain reasonable growth rates that are considered to be indicators of welfare level. Despite some opposing views, real sector is considered the main engine for a good growth performance. This study analyses the relationship between finance and growth in selected Islamic countries using empirical findings.