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.

doi:https://doi.org/10.56201/ijefm.v9.no3.2024.pg14.25

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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

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

Abstract

Keywords

References

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