Financial development, Islamic finance and shadow economy
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The slides highlight the research questions on: 1) would the presence of Islamic finance be associated with lower shadow economy; 2) are Islamic finance and the financial development complementary in reducing the shadow economy sector?
Financial development , Shadow economy , Islamic finance
Abdul Hamid, Baharom and Naeem Azmi, Choudhary Wajahat and Habibullah, Muzafar Shah & Din, Badariah H. (2017, September 25-26). Financial development, Islamic finance and shadow economy. Paper presented at the 9th Foundation of Islamic Finance Conference (FIFC) 2017, at Lancaster, United Kingdom.