Balancing Islamic and Conventional Banking for Economic Growth

Murat Ustaoğlu is Associate Professor of Islamic Economics at Istanbul University, Turkey. He has coauthored two previous Palgrave books, Post-Conflict Syrian State and Nation Building and Islamic Finance Alternatives for Emerging Economies.Ahmet İncekara is Professor of Economics at Istanbul University, Turkey. He coauthored Islamic Finance Alternatives for Emerging Economies with Dr. Ustaoğlu.

• 1. Introduction.- 2. Dual Banking Systems’ Dynamics and a Brief Development History of Islamic Finance in Select Emerging Islamic Economies.- 3. Financing Economic Growth in Emerging Economies: A Theoretical Approach.- 4.The Turkish Economy and Financing Growth by Dual Banking: Empirical Evidence.- 5. Financing Economic Growth by Dual Banking in Malaysia: Empirical Evidence.- 6. A Quantitative Reassessment of the Dual Banking-Growth Nexus in Indonesia: Comparative Analysis.- 7. Economic Development and Financing Growth in a Hydrocarbon Economy: Qatar.- 8. Findings and Conclusion.