Financial inclusion and Islamic financial system: measurement and impact assessment in a cross-country analysis / Nur Amirah Borhan

Financial inclusion is an important development agenda, particularly in developing economies. Access and usage of financial services are critical in empowering people to capture economic opportunities and improve their livelihoods. Meanwhile, the fast-growing Islamic finance industry should be able to contribute toward financial inclusion as its underlying values promotes inclusion and social justice. While a robust measure of financial inclusion is crucial to further identify the determinants of financial inclusion, an established measurement does not exist until this date. Furthermore, the link between the components of Islamic finance and financial inclusion is an area yet to be established.