Date of Award

2012

Degree Type

Honors Paper

Department

Curriculum & Instruction

First Advisor

Scott A. Wentland, Ph.D.

Abstract

This paper examines the connection between the presence of Shari'a compliant (Islamic) Banking institutions and growth rates observed in their respective countries. This subject is of increasing importance as Islamic banking has emerged as a competitive and a viable substitute to conventional banking systems in the past four decades. Islamic banks operating in parallel to conventional interest-based banks and their effect on the economy is still undetermined by scholars. This paper explores the principles and spread of Islamic banking, and uses OLS regressions to estimate their impact on national growth rates.

Share

COinS
 
 

To view the content in your browser, please download Adobe Reader or, alternately,
you may Download the file to your hard drive.

NOTE: The latest versions of Adobe Reader do not support viewing PDF files within Firefox on Mac OS and if you are using a modern (Intel) Mac, there is no official plugin for viewing PDF files within the browser window.