01964cas a2200253 a 4500 AALejournalIMF015186 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475569285 1018-5941 BD-DhAAL BD-DhAAL Imam, Patrick. Is Islamic Banking Good for Growth? / Patrick Imam, Kangni Kpodar. Washington, D.C. : International Monetary Fund, 2015. 1 online resource (33 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The rapid growth of Islamic banking has attracted much attention lately in the economic literature. At the same time, a mature body of the literature has shown that financial development is broadly conducive to economic growth, which raises the question as to whether a similar conclusion holds for Islamic banking. Against this backdrop, this paper investigates the relationship between Islamic banking development and economic growth in a sample of low and middle income countries, using data over the period 1990-2010. The results show that, notwithstanding its relatively small size compared to the economy and the overall size of the financial system, Islamic banking is positively associated with economic growth even after controlling for various determinants, including the level of financial depth. The results are robust across across different specifications, sample composition and time periods. Mode of access: Internet Kpodar, Kangni. IMF Working Papers; Working Paper ; No. 2015/081 Full text available on IMF http://elibrary.imf.org/view/journals/001/2015/081/001.2015.issue-081-en.xml IMF e-Library