|
" Growth Performance of Islamic Finance Industry: "
Nawaz, Huma
Bardai, Barjoyai
| Document Type
|
:
|
Latin Dissertation
|
| Language of Document
|
:
|
English
|
| Record Number
|
:
|
1107636
|
| Doc. No
|
:
|
TLpq2452101988
|
| Main Entry
|
:
|
Bardai, Barjoyai
|
|
|
:
|
Nawaz, Huma
|
| Title & Author
|
:
|
Growth Performance of Islamic Finance Industry:\ Nawaz, HumaBardai, Barjoyai
|
| College
|
:
|
Al-Madinah International University
|
| Date
|
:
|
2019
|
| student score
|
:
|
2019
|
| Degree
|
:
|
Ph.D.
|
| Page No
|
:
|
259
|
| Abstract
|
:
|
This study empirically investigated the factors of growth in the Islamic financial system in Pakistan and Malaysia. A quantitative method was employed to determine how factors of growth are related to the development of Islamic products and services. The system of Islamic banking and finance has emerged in a global financial system as the best alternative to the interest-based financial system. The persistent growth of major development factors facilitates the growth in the national market. The annual growth of the Islamic financial system is often determined by the influencing relationship between external-internal development growth factors of the financial institution. The critical environmental and institutional relationship and its impact are neglected mainly in past studies. Accordingly, the conclusive role of Shari‘ah compline products and services and its influence in strengthening the relationship with major factors were overlooked. To fill the research gap, this thesis attempt to determine the dilemma in Islamic financial system growth and explicitly investigate four factors, i.e., Time interval, Population, GDP, and Return that are influencing growth in the financial system with mediating role of banking assets and equity funds. All factors were integrated into a statistical model for rigorous research output in the context of Malaysia and Pakistan. The growth in the Islamic equity funds and Islamic banking assets have been identified as definite antecedents of growth in the Islamic financial system. The empirical investigation by the modified structural model using the Pakistani dataset revealed that four out of ten hypotheses were significant, including two direct paths as antecedents of the annual growth of the Islamic financial system in Pakistan. The results of the modified model for the Malaysian dataset showed significant findings in three out of ten hypotheses. Moreover, the research critically provided insight into the mediation effects. The Islamic products and services support a statistical significance of mediation effect for some predictor variables in the Structural equation model. The full mediation was achieved for only return and population in the Pakistani dataset. All findings of this study collectively support the important antecedents of the relationship and factors behind the growth in the Islamic financial system. Meanwhile, this study provides empirical support for the influence of some development factors to control the barriers of growth in the Islamic finance industry.
|
| Subject
|
:
|
Banking
|
|
|
:
|
Business administration
|
|
|
:
|
Finance
|
| |