eprintid: 8513 rev_number: 2 eprint_status: archive userid: 1 dir: disk0/00/00/85/13 datestamp: 2023-11-09 16:20:25 lastmod: 2023-11-09 16:20:25 status_changed: 2023-11-09 16:12:50 type: article metadata_visibility: show creators_name: Mobin, M.A. creators_name: Masih, M. creators_name: Alhabshi, S.O. title: Religion of Islam and Microfinance: Does It Make Any Difference? ispublished: pub note: cited By 9 abstract: This study is the initial attempt to investigate first whether microfinance institutions (MFIs) perform differently in the OIC countries where Islam is the prevailing religion and second, how Islamic microfinance institutions are different (if any) from the conventional MFIs. To accomplish these objectives, we employ a dynamic difference and system-generalized method of moments estimators. Our findings tend to indicate that there are significant differences in the way Islamic MFIs performed and operated as compared to that of the conventional MFIs in certain regions. However, in other regions, there were no significant differences in operation and performance between the Islamic MFIs and Conventional MFIs. The study presents important insights for the Islamic microfinance managers and donors as well as the policy makers. Copyright © Taylor & Francis Group, LLC. date: 2017 publisher: Routledge official_url: https://www.scopus.com/inward/record.uri?eid=2-s2.0-85028601446&doi=10.1080%2f1540496X.2016.1268526&partnerID=40&md5=4eb7e9303c76ef365f7738ccf5f37f8f id_number: 10.1080/1540496X.2016.1268526 full_text_status: none publication: Emerging Markets Finance and Trade volume: 53 number: 7 pagerange: 1547-1562 refereed: TRUE issn: 1540496X citation: Mobin, M.A. and Masih, M. and Alhabshi, S.O. (2017) Religion of Islam and Microfinance: Does It Make Any Difference? Emerging Markets Finance and Trade, 53 (7). pp. 1547-1562. ISSN 1540496X