Islamic Finance and Financial Inclusion : Measuring Use of and Demand for Formal Financial Services among Muslim Adults

In recent years, the Islamic finance industry has attracted the attention of policy makers and international donors as a possible channel through which to expand financial inclusion, particularly among Muslim adults. Yet cross-country, demand-side...

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Bibliographic Details
Main Authors:	Demirguc-Kunt, Asli, Klapper, Leora, Randall, Douglas
Format:	Policy Research Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2014
Subjects:	ACCESS TO INFORMATION ACCOUNT OWNERSHIP ACCOUNTING ACCOUNTING PRINCIPLES ASSET FINANCING ASSET QUALITY BALANCE SHEET BANK ACCOUNT BANK ACCOUNTS BANK ASSETS BANK CUSTOMERS BANK LOAN BANK MARKETING BANKING ASSETS BANKING LAWS BANKING PRODUCTS BANKING SECTOR BANKING SECTOR ASSETS BANKING SERVICE BANKING SERVICES BANKING SYSTEMS BANKS BARRIER BIASES BUSINESS CREDIT MARKET BUSINESS CYCLE BUSINESS TRANSACTIONS CAPITALIZATION CENTRAL BANK SUPERVISION COLLEGE DEGREE COMMERCIAL BANKING COMMERCIAL BANKS CONSUMER LENDING CONVENTIONAL BANK CONVENTIONAL BANK LOAN CONVENTIONAL BANKING CONVENTIONAL BANKS CONVENTIONAL FINANCE CONVENTIONAL FINANCING CORRUPTION COUNTRY FIXED EFFECT COUNTRY FIXED EFFECTS CREDIT MARKET CREDIT MARKETS CREDIT PRODUCT CREDIT PRODUCTS CREDIT UNION CREDITWORTHINESS CUSTOMER SATISFACTION DEBIT CARD DEMOGRAPHIC DEPOSIT DEPOSITS DISCRIMINATION DISCRIMINATION IN CREDIT DUMMY VARIABLES ECONOMIC ATTITUDES EMPLOYER EMPLOYMENT EMPLOYMENT STATUS ENTREPRENEUR EQUALITY EQUITY INVESTMENT EUROPEAN CENTRAL BANK FEDERAL RESERVE FIFTH FINANCE CORPORATION FINANCE PRODUCTS FINANCIAL ASSETS FINANCIAL CRISIS FINANCIAL DEVELOPMENT FINANCIAL DIFFICULTIES FINANCIAL ILLITERACY FINANCIAL INSTITUTIONS FINANCIAL MARKETS FINANCIAL PRODUCT FINANCIAL PRODUCTS FINANCIAL SECTOR FINANCIAL SERVICE FINANCIAL STABILITY FINANCIAL SUPPORT FINANCIAL SYSTEMS FINANCING ARRANGEMENTS FORMAL CREDIT FORMAL FINANCIAL INSTITUTION FORMAL FINANCIAL INSTITUTIONS FORMAL FINANCIAL SERVICES FORMAL LOAN FORMAL SAVING FORMAL SAVINGS GENDER GENDER GAP HARDSHIP HOUSEHOLD FINANCE HOUSEHOLDS INCOME INCOME DISTRIBUTION INCOME LEVELS INCOMES INFORMAL BORROWING INHERITANCE INSTALLMENT INSTALLMENTS INTEREST PAYMENT INTEREST RATE INTERNATIONAL BANK INTERNATIONAL BUSINESS INTERNATIONAL FINANCE INVESTMENT ACCOUNT ISLAM ISLAMIC BANK ISLAMIC BANK CUSTOMERS ISLAMIC BANKING ISLAMIC BANKING PRODUCTS ISLAMIC BANKS ISLAMIC ECONOMICS ISLAMIC FINANCE ISLAMIC FINANCE INDUSTRIES ISLAMIC FINANCE INDUSTRY ISLAMIC FINANCIAL INDUSTRIES ISLAMIC FINANCIAL INSTITUTIONS ISLAMIC FINANCIAL PRODUCTS ISLAMIC FINANCIAL SERVICES ISLAMIC FINANCING ISLAMIC JURISPRUDENCE ISLAMIC LAW ISLAMIC LOAN ISLAMIC LOANS ISLAMIC MICROFINANCE ISLAMIC PRODUCTS LACK OF ACCESS LAWS LIFE EXPECTANCY LIMITED LIABILITY LIQUIDITY LOAN LOSS SHARING MARKET STRUCTURE MFIS MICROFINANCE MICROFINANCE INSTITUTION MICROFINANCE INSTITUTIONS MINORITY POPULATION MOBILE PHONE MORTGAGE MORTGAGE LENDING MUDARABA MUDARABA CONTRACT MURABAHA MUSHARAKA MUSLIM MUSLIM BANK MUSLIMS OUTREACH PATRONAGE PAYMENT OF INTEREST POST OFFICE PRICE SENSITIVITY PRINCIPAL-AGENT PROBLEMS PRIVATE LENDER PRIVATE SECTOR DEVELOPMENT PROFIT SHARING PUBLIC INSTITUTIONS QURAN RECEIPT REGULATORS REGULATORY REGIME REGULATORY REGIMES RELIGIOUS BELIEFS RELIGIOUS CONSTRAINT RELIGIOUS FACTORS REMITTANCES REPAYMENT REPAYMENT RATES REPUTATION RESERVE BANK RESERVE BANK OF INDIA RESERVES RETAIL BANKING RIBA SAVINGS SAVINGS ACCOUNTS SAVINGS BEHAVIOR SAVINGS PRODUCT SAVINGS PRODUCTS SHARIA SHARIA-COMPLIANT FINANCE SHARIA-COMPLIANT SAVINGS SMALL BUSINESS SMALL BUSINESS CREDIT SMALL BUSINESSES TRANSITION ECONOMIES URBAN AREA URBAN AREAS VILLAGES WAGES WAQF
Online Access:	http://documents.worldbank.org/curated/en/2013/10/18405190/islamic-finance-financial-inclusion-measuring-use-demand-formal-financial-services-among-muslim-adults http://hdl.handle.net/10986/16875