Submit your papersSubmit Now
For Enquiries: [email protected]
IIARD LogoIIARD

Exploring Islamic Economics, Finance, Banking and Insurance in A Developing Economy: Current Trends Review in Nigeria

EFUNTADE, Alani Olusegun, Ph.D., EFUNTADE, Olubunmi Omotayo, Ph.D.

Abstract

Purpose: This preliminary study examines the ideas, principles and views of Islamic economics, finance, banking and insurance in Nigeria as well explores their potentials as alternative model of management of scarce economic resources, financing, banking and insurance for not only individuals but also for private sector as well as public sectors.

Keywords

Islamic economicsIslamic financeIslamic bankingIslamic insurance and Nigeria

References

Abdu, M., Jibir, A., Abdullahi, S., & Rabiu, A. A. (2018), ‘Can Islamic banking and finance spur financial inclusion? Evidence from sub Sahara Africa, CBN Journal of Applied Statistics, Vol. 9 No. 1, pp. 77-104. Abduh, M., & Chowdhury, N. T. (2012), ‘Does Islamic banking matter for economic growth in Bangladesh?’, Journal of Islamic Economics, Banking and Finance, Vol. 8 No. 3, pp. 104-113. Abdullahi, N. A. (2016), ‘Islamic banking in Nigeria: issues and prospects’, Journal of Emerging Economies and Islamic Research, Vol. 4 No. 2, pp. 1-17. Abdul-Maliq, Y. O. (2010), ‘Islamic banking in Nigeria: opportunities, challenges and

More Articles from INTERNATIONAL JOURNAL OF ECONOMICS AND FINANCIAL MANAGEMENT

Effect of the Stock Market on Standard of Living in Nigeria. An ARDL Analysis

Author: Nyeche, Ezebunwo, Odungweru, Kingsley Nnana , Wokekoro, Ozulem Elvis

Tax Revenue and Economic Development in Nigeria

Author: Maxwell Smith Ogbotor PhD and Oboh, Tessy Oghenevwegba

Interest Rates and Economic Growth in Nigeria

Author: Shimbura Nuga and Samuel Paabu Adda PhD

Public Debt and Economic Growth in Nigeria

Author: Okwajie, Fabian Ajijias, Ikoh, I.M