Low utilization of household credit in developing countries may be partially due to religious considerations. In a randomized marketing experiment in Jordan, this paper estimates the effect of sharia-compliant loan features on demand for credit. To comply with Islamic law, the sharia-compliant product uses a bank fee rather than an interest payment structure, while keeping the rest of the product features very similar. Sharia-compliance increased...
Exibir mais
DETALHES
-
2020/04/02
-
Documento de trabalho sobre pesquisa de políticas
-
WPS9200
-
1
-
1
-
2020/04/02
-
Disclosed
-
Increasing Financial Inclusion in the Muslim World : Evidence from an Islamic Finance Marketing Experiment
-
access to finance
DOWNLOADS
COMPLETAR RELATÓRIO
Versão oficial do documento (pode conter assinaturas, etc.)
-
Total Downloads** : 1377
*A versão do texto é um OCR incorreto e está incluído unicamente em benefício de usuários com conectividade lenta.