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Islamic Banking vs Interest Rates in Turkey by chairoel.fajrie is a document available to read on EtoBox.
This study examines the relationship between profit-sharing ratios of Islamic banks and interest rates in Turkey, revealing a significant correlation between the two despite the expectation that Islamic banks operate interest-free. Utilizing wavelet and historical correlation analysis, the research indicates that profit-sharing ratios closely follow market interest rate changes, raising concerns about the perception of Islamic banking among religious investors. The findings suggest that the growing Islamic
- Author
- chairoel.fajrie
- Language
- EN