Sand or grease effect? The impact of Islamic banking on the social mission of microfinance institutions
Md Imran Hossain,
Adamu Jibir,
Md Aslam Mia
et al.
Abstract:Purpose
Islamic banking and microfinance institutions (MFIs) share the core objective of serving the underprivileged. This study aims to investigate whether Islamic banking development facilitates (greases) or hinders (sands) the social mission of MFIs.
Design/methodology/approach
Data for 19 countries covering the period 2010–2018 were collected from the World Bank, Bank Focus and International Monetary Funds and analyzed using conventional econometric methods. Endogeneity-corrected techniques and alternati… Show more
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