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Thiswork is a study on Islamic finance development and economic growth nexus forTurkey. It employs the econometric methods of unit root, co-integration, andGranger causality in a VECM framework; and the results, which are robust to allmeasures of Islamic finance development, show a unidirectional short and longrun causality from Islamic finance development to economic growth. Hence, it isrecommended that policy makers increase their efforts in promoting Islamicfinance in Turkey.
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Mustapha Jobarteh (2017) studied this question.
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