Business, Management and Accounting
4 years ago

Conventional banks drive economic growth in Turkey over Islamic banks.

1 view
Optimum Ekonomi ve Yönetim Bilimleri Dergisi
İkili Bankacılık Sisteminde İslami Bankacılık ve Ekonomik Büyüme
Taner Sekmen

Paper Summary

Islamic banking in Turkey has a small impact on economic growth compared to conventional banking. The study analyzed data from 2005 to 2018 and found that conventional banks contribute more to GDP growth than Islamic banks. However, increasing the use of Islamic financial tools could strengthen the link between Islamic finance and economic growth in Turkey.

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