Cited by 126Islamic Finance and Banking StudiesBanking stability, regulation, efficiencyMonetary Policy and Economic Impact

The DOI matches its Crossref record; 2 of the 2 references it cites were found in a registry or an index.

Islamic bank contribution to Indonesian economic growth

M. Anwar, Suhardi, Junaidi, Junaidi, Salju, Salju, Wicaksono, Ready, Mispiyanti, Mispiyanti·2020·International Journal of Islamic and Middle Eastern Finance and Management

Abstract

Purpose: This paper aims to examine the short run and long run of Indonesia Islamic bank (IIB) contribution to economic growth over the periods 2009: Q1 – 2019: Q4. IIB is considered which supported by the largest Muslim population in the world. Deposits, financing and offices are proxy to highlight the relationship between Islamic banks and Indonesia's economic growth. Design/methodology/approach: Through cointegration analysis, autoregressive distributed lag (ARDL), vector error correction model (VECM), variance decompositions (VDCs) and impulse response functions (IRFs), this study investigates the Islamic bank and economic growth nexus. Findings: A significant relationship in the short-run and long-run between IIB deposits and offices and economic growth. There is evidence of a bidirectional relationship between the Islamic bank and economic growth. Social implications: In spite of their market share less than a conventional bank. The result proved than IB a prosperous sector and has a contribution to economic growth. This address regulator must have a dedicated unit to handle IIB legal cases should it go to the court for adjudication. Originality/value: The study role of Islamic banking contribution to economic growth in the context of Indonesia is limited. This paper is the first study that examines empirically the effect of Indonesian Islamic banks on economic growth measured by the amount of gross domestic product (GDP), financing, offices and deposits.

Overview

Integrity signals

Registry

Crossref · 10.1108/imefm-02-2018-0071

Cites

2 of 2 references verified0 citation errors · 0 not checkable

Statistics

Recomputing p-values needs the paper’s full text.

Verification

Claims the paper makes

This paper’s full text isn’t openly available, so its claims and self-check weren’t run. The registry and citation checks still apply.

Claims other papers make about this one

Each is checked against this paper’s own text: does it say what the citing paper says it does?

Citations

Cites

Research works printed but not linked: 36

  1. 2015, Assessing the contribution of Islamic finance to economic growth: empirical evidence from Malaysia, Journal of Islamic Accounting and Business Research, 6, 292, 10.1108/JIABR-07-2012-0050 · DOI
  2. 2012, Islamic banking and economic growth: the Indonesian experience, International Journal of Islamic and Middle Eastern Finance and Management, 5, 35, 10.1108/17538391211216811 · DOI
  3. 2016, Finance-growth nexus and dual-banking systems: relative importance of Islamic banks, Journal of Economic Behavior and Organization, 132, 198
  4. 2015, Financial development and economic growth in Nigeria: evidence from threshold modeling, Economic Analysis and Policy, 47, 11
  5. 2017, Impact of Islamic banking on economic growth and volatility: evidence from the OIC member countries, 15, 10.1007/978-3-319-45910-3_2 · DOI
  6. 2017, Bank branches expansion, efficiency and local economic growth, regional studies, Regional Studies, 52, 1332
  7. 2017, The effect of Islamic banks on GDP growth: some evidence from selected MENA countries, Borsa Istanbul Review, 18, 231
  8. 2018, Nexus between risk sharing vs non-risk sharing financing and economic growth of Bangladesh: ARDL bound testing and continuous wavelet transform (CWT) approach, Managerial Finance, 44, 739, 10.1108/MF-12-2016-0371 · DOI
  9. 1987, Co-Integration and error correction: representation, estimation, and testing, Econometrica, 55, 251, 10.2307/1913236 · DOI · Paper page
  10. 2013, Analysis of Islamic banks’ financing and economic growth: a panel cointegration approach, International Journal of Islamic and Middle Eastern Finance and Management, 6, 156, 10.1108/17538391311329842 · DOI
  11. 2009, Islamic banking and economic growth: empirical evidence from Malaysia, Journal of Economic Cooperation and Development, 30, 59
  12. 2010, Financial development and economic growth in the MENA region: What about Islamic banking development, International Journal of Business and Management Science, 4, 105
  13. 2014, Financial development and economic growth in GCC countries, International Journal of Social Economics, 41, 493, 10.1108/IJSE-12-2012-0232 · DOI
  14. 2015, Does Islamic bank financing contribute to economic growth? The Malaysian case, International Journal of Islamic and Middle Eastern Finance and Management, 8, 349, 10.1108/IMEFM-07-2014-0063 · DOI
  15. 2011, Financial development and economic growth: new evidence from panel data, The Quarterly Review of Economics and Finance, 51, 88, 10.1016/j.qref.2010.09.001 · DOI · Paper page
  16. 2012, Does financial development hamper economic growth: empirical evidence from Bangladesh, Journal of Business Economics and Management, 14, 558, 10.3846/16111699.2012.654813 · DOI
  17. 2016, Islamic banking: good for growth?, Economic Modelling, 59, 387
  18. 1996, The finance-growth nexus: evidence from bank branch deregulation, The Quarterly Journal of Economics, 111, 639, 10.2307/2946668 · DOI · Paper page
  19. 2016, Economic growth and savings in Saudi Arabia: empirical evidence from cointegration and causality analysis, Asia-Pacific Journal of Accounting and Economics, 23, 478, 10.1080/16081625.2015.1129282 · DOI
  20. 2016, Islamic finance and economic growth: the Malaysian experience, Global Finance Journal, 30, 66
  21. 2018, Financial inclusion and economic growth in OIC countries, Research in International Business and Finance, 43, 1
  22. 2016, Islamic banking presence and economic growth in Southeast Asia, International Journal of Islamic and Middle Eastern Finance and Management, 9, 551, 10.1108/IMEFM-03-2015-0037 · DOI
  23. 2000, Financial intermediation and growth: causality and causes, Journal of Monetary Economics, 46, 31, 10.1016/S0304-3932(00)00017-9 · DOI · Paper page
  24. 2013, Islamic banking and economic growth in GCC and East Asia countries, Journal of Islamic Accounting and Business Research, 4, 151, 10.1108/JIABR-07-2012-0044 · DOI
  25. 2013, The effect of following Islam in the decision about taboo products, Psychology and Marketing, 30, 357, 10.1002/mar.20611 · DOI
  26. 2004, Reformulating Critical Values for the Bounds f-Statistics Approach to Cointegration: An Application to the Tourism Demand Model for Fiji
  27. 2005, The saving and investment nexus for China: evidence from cointegration tests, Applied Economics, 37, 1979, 10.1080/00036840500278103 · DOI
  28. 2013, The short-run relationship between the financial system and economic growth: new evidence from regional panels, International Review of Financial Analysis, 29, 70
  29. 1998, Generalized impulse response analysis in linear multivariate regression, Economics Letters, 58, 17, 10.1016/S0165-1765(97)00214-0 · DOI
  30. S and P (2017), “Islamic finance outlook 2017 edition”, Available at: www.spratings.com/documents/20184/0/Islamic+Finance+Outlook+2017/5abbe572-c826-4622-bd13-1aba725281fc (accessed at Oktober, 30th 2019).
  31. 2014, Financial development and economic growth in an oil-rich economy: the case of Saudi Arabia, Economic Modelling, 43, 267
  32. 2018, Consumer Behavior Global Edition: Buying, Having, Being
  33. 2014, Islamic finance and economic growth: empirical evidence from United Arab Emirates (UAE), Journal of Emerging Issues in Economics, Finance and Banking, 3, 1069
  34. 2014, Islamic banking and economic growth – a cointegration approach, Romanian Economic Journal, 17, 61
  35. 2017, Does Islamic banking contribute to economic growth and industrial development in Turkey?, Ikonomika, 2, 93
  36. 2017, Financial development, Islamic finance and economic growth: evidence from the UAE, Journal of Islamic Accounting and Business Research, 8, 2, 10.1108/JIABR-05-2015-0020 · DOI · Paper page

Cited by

Sorted by citations

See all 126

Metadata

Authors
M. Anwar, S., Junaidi, J., Salju, S., Wicaksono, R., & Mispiyanti, M.
Affiliations
  • Universitas Muhammadiyah Palopo (ID)
  • Sekolah Tinggi Ilmu Ekonomi Balikpapan (ID)
  • Universitas Putra Bangsa (ID)
Venue
International Journal of Islamic and Middle Eastern Finance and Management
Publisher
Emerald
Published
2020-06-22
Volume
13
Issue
3
Pages
519-532
ISSN
1753-8394 (ISSN-L)
OpenAlex
W3037763076
Cited by
126
References
2
Citations by year
2026: 15 · 2025: 29 · 2024: 27 · 2023: 32 · 2022: 11 · 2021: 10 · 2020: 2
FWCI
21.53
Type
journal article
Language
en
Open access
closed
Locations
  • International Journal of Islamic and Middle Eastern Finance and Management (publishedVersion)
  • RePEc: Research Papers in Economics (submittedVersion)
Topics
  • Social Sciences › Business, Management and Accounting › Accounting › Islamic Finance and Banking Studies
  • Social Sciences › Economics, Econometrics and Finance › Finance › Banking stability, regulation, efficiency
  • Social Sciences › Economics, Econometrics and Finance › General Economics, Econometrics and Finance › Monetary Policy and Economic Impact
Keywords
Islamic banking, economic growth, bank deposits, bank financing, bank offices, Indonesia, gross domestic product

About these checks

Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.

Statistics and arithmetic are recomputed, not judged.

Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.

What counts as a claim ›How we measure confidence ›How we check this ›

Are you an author, or do you see a problem with this page? Request a review