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Publication Details
AFRICAN RESEARCH NEXUS
SHINING A SPOTLIGHT ON AFRICAN RESEARCH
economics, econometrics and finance
The Islamic finance promises: Evidence from Africa
Review of Development Finance, Volume 3, No. 3, Year 2013
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Description
The objective of this paper is to improve understanding of the market for Islamic finance in Africa. Specifically the paper provides a mapping of Africa-based Islamic finance providers, quantifies the amount of foreign Islamic funding received by Africa and compares performance of African Islamic and conventional banks. We find that there are significant cross country variations in the way Islamic banking has been developed in Africa and in the type of services offered. Our empirical findings also support the superior efficiency of Islamic banks and suggest that Islamic banking could be beneficial for Africa. © 2013 Africagrowth Institute.
Authors & Co-Authors
Faye, Issa
Tunisia, Tunis
Development Research Department
Triki, Thouraya
Tunisia, Tunis
Development Research Department
Kangoye, Thierry
Tunisia, Tunis
Development Research Department
Statistics
Citations: 55
Authors: 3
Affiliations: 1
Identifiers
Doi:
10.1016/j.rdf.2013.08.003
ISSN:
18799337