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Islamic banking development and access to credit

机译:伊斯兰银行业务发展和获得信贷

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摘要

The recent expansion of Islamic banks raises questions on its economic implications. The aim of this paper is to investigate the impact of Islamic banking development on access to credit. We combine data from a unique hand-collected database that covers Islamic banks with firm-level data covering developing and emerging countries over the period of 2006 to 2009. We find that Islamic banking development has overall no impact on credit constraints, while banking development and conventional banking development alleviate obstacles to financing. However Islamic banking development exerts a positive impact on access to credit when conventional banking development is low. Hence we support the view that Islamic banking does not overall alleviate obstacles to financing, but it can act as substitute to conventional banking.
机译:伊斯兰银行最近的扩张引发了对其经济影响的质疑。本文的目的是调查伊斯兰银行业务发展对获得信贷的影响。我们结合了涵盖伊斯兰银行的独特的手工收集数据库中的数据,以及涵盖2006至2009年期间涵盖发展中国家和新兴国家的公司级数据。常规银行业务的发展缓解了融资障碍。但是,当常规银行业务发展水平较低时,伊斯兰银行业务发展会对获得信贷产生积极影响。因此,我们支持这样的观点,即伊斯兰银行业务不能整体缓解融资障碍,但可以替代传统银行业务。

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