Compared with non-Muslims, self-identified Muslims are significantly less likely to own a formal account or save at a formal financial institution, after controlling for other individual and country characteristics, according to recent research using Global Findex data. But the authors find no evidence that Muslims are less likely to borrow formally or informally. Data from an additional survey of adults in five North African and Middle Eastern countries...
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INFORMATION
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2013/10/01
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Fiche
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82401
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1
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1
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2013/11/05
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Disclosed
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The Global Findex database : Islamic finance and financial inclusion
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formal financial institution