Amwaluna Jurnal Ekonomi dan Keuangan Syariah
Vol 5, No 2 (2021)

THE EFFECT OF KNOWLEDGE AND REGULATION TOWARD THE ISLAMIC FINANCIAL INDUSTRY DEVELOPMENT

Mansyur Asri (Unknown)
Ernawati Ernawati (Universitas Halu Oleo)
Ambo Wonua Nusantara (Universitas Halu Oleo)



Article Info

Publish Date
31 Jul 2021

Abstract

The development of Islamic finance industry in many countries, it has not been in line with the Moslem population, because beside the potential demand reason, theIslamic financial industry services is also influenced by knowledge and regulation support.This study aims to determine the effect of knowledge and regulation toward the development of the Islamic financial industry. The study uses secondary data from ICD publications in  2013-2019 period for 41 countries. The data were analyzed using the panel data regression and moderating variables, where knowledge has been estimated as a moderating variable for the regulations effect on the Islamic financial industry development. The results showed that: (1) the regulation and the level of knowledge had a positive significant effect to the  Islamic finance industry development; and (2) the knowledge variable becomes  the moderator between regulation and the development of the Islamic financial industry. This shows that the knowledge would encourage the strengthening of the regulatory effect on the development of Islamic finance.

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Journal Info

Abbrev

amwaluna

Publisher

Subject

Economics, Econometrics & Finance

Description

Amwaluna Jurnal Ekonomi dan Keuangan Syariah is an academic journal focus on syariah economic studies with scopes are Islamic banking, Syariah Financial, economic, accounting, finance, Muamalah, Economy during the covid19 pandemic and Economic ...