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The impact of “Islamic banks only” policy on financial and economic development in Indonesia’s Aceh region

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Masagus M. Ridhwan, Dinda Thalia Andariesta, Affandi Ismail, Asep Suryahadi
Journal: International Journal of Islamic and Middle Eastern Finance and Management
International Journal of Islamic and Middle Eastern Finance and Management 1–21.
https://doi.org/10.1108/IMEFM-10-2025-0741
Published: 12 May 2026
... of economic growth; financial development follows economic growth; and there is a bidirectional causality between the two (Furqani and Mulyany, 2009). Islamic banks Financial development Synthetic control Aceh Indonesia G28 I30 J31 O16 Policy initiatives by the local...
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Includes: Supplementary data
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