RESILIENT CAPITAL AND SUSTAINABLE GROWTH: RETHINKING FINANCIAL STRUCTURES

Authors : Fikri Kaplan

Pages : 104-118

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Publication Date : 2025-10-17

Article Type : Research Paper

Abstract :This study aims to evaluate the effects of Islamic finance on economic growth in the light of empirical data. The study analyses the economic growth data of 13 countries, namely Sudan, Saudi Arabia, Brunei, Kuwait, Malaysia, Nigeria, Bangladesh, United Arab Emirates, Jordan, Pakistan, Oman, Turkey and Indonesia, where Islamic finance is widely applied, for the period 2013-2021. The potential effects of Islamic financial systems on macroeconomic performance in these countries are presented comparatively through graphical analyses within the framework of growth rates, country profiles and periodic developments. The findings show that financial inclusion and capital accumulation play a supportive role in economic growth in countries with a strong Islamic finance sector. However, structural differences and financial depth levels of countries stand out as important factors that heterogenise the impact of Islamic finance on growth. In this context, the study points out that the Islamic finance system offers an important alternative financing model not only in line with ethical and religious principles but also in terms of sustainable development goals.
Keywords : Sürdürülebilir Finans, Ekonomik Büyüme, Finansal Kapsayıcılık, Faizsiz Finans, Finansal Yapılar, Q01, F63, O16

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