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Islamic banking and income inequality: a comparative study between Islamic and conventional banks in OIC countries

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dc.contributor.authorMuhammad Aiman Mohd. Shahwahid
dc.contributor.supervisorBaharom Abdul Hamid
dc.date.accessioned2022-08-24T02:50:56Z
dc.date.available2022-08-24T02:50:56Z
dc.date.issued2020
dc.description.abstractUnited Nation Development Project (UNDP)'s Human Development Report 2019 shows the top 1% of the economic elite of the rich and poor countries, made huge gains over 1980-2016. As result, the top 1% alone received 27% of income growth over the period, compared with 12% received by the bottom 50%. There has been a universal concern on wealth and income distribution. The income gap between the rich and poor is staggering and will get worse with every global crisis that tends to come every ten odd years like the COVID-19 pandemic currently hitting the globe. The objectives of the study are (1) To evaluate the impact of Islamic banking development on Income Inequality. (2) To compare the impact of Islamic and conventional banking development towards income inequality.In doing so, a panel data analysis is conducted by taking the data of seven OIC countries from the period of 2001 to 2015. The main variables in consideration are income inequality based on Gini coefficient produced by Estimated Household Income Inequality (EHII) of University of Texas Inequality Project (UTIP) and banking development (both Islamic and conventional) represented by total banking asset. While the controlled variables are economic growth as measured by real Gross Domestic Product per capita (RGDPC) and inflation as measured by Consumer Price Index (CPI). Robustness test is done by substituting total banking deposit as a measure of banking development. A total of 8 regression models are designed consisting of Pooled OLS, Random Effect and Fixed Effect estimators. The estimated findings suggest that both Islamic banking development and conventional banking development have a positive relationship towards income inequality.en_US
dc.identifier.citationMohd. Shahwahid, M. A. (2020). Islamic banking and income inequality: a comparative study between Islamic and conventional banks in OIC countries (Master dissertation). INCEIF, Kuala Lumpur. Retrieved from https://ikr.inceif.org/handle/INCEIF/3639en_US
dc.identifier.urihttps://ikr.inceif.org/handle/INCEIF/3639
dc.languageEnglish
dc.language.isoengen_US
dc.publisherINCEIFen_US
dc.rights2020. INCEIF
dc.sourceSGPS
dc.subjectIslamic banking developmenten_US
dc.subjectConventional bankingen_US
dc.subjectIncome inequalityen_US
dc.subjectComparisonen_US
dc.subjectProject paper (MSc)
dc.titleIslamic banking and income inequality: a comparative study between Islamic and conventional banks in OIC countriesen_US
dc.typeMasteren_US
dlc.maintopicIslamic bankingen_US
dspace.entity.typePublication
ikr.doctypeTheses
ikr.licenseAvailable in physical copy (Call number: t HG 3368 A6 M952Isl 2020) and PDF format. Kindly email to kmc@inceif.org to access the item
ikr.topic.maintopicIslamic bankingen_US
relation.isAuthorOfPublication219f93a8-b38f-400c-981f-6a7162e44a2f
relation.isAuthorOfPublication219f93a8-b38f-400c-981f-6a7162e44a2f
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