The Impact of Trade Openness on Economic Growth in Somalia
Abstract: The objective of this study is to assess the effect of trade openness on economic growth in Somalia using time series data spanning 1985-2017. The study employed multivariate cointegration and a fully modified ordinary least square (FMOLS) cointegration method to achieve the objective of the study. The empirical findings of the multivariate cointegration test […]
Application of tawarruq in Islamic banking institutions in Somalia
Abstract Purpose The purpose of this study is to examine the acceptability of tawarruq in the banking industry in Somalia, focusing on awareness, need, compatibility, relative advantage, behavioral attitude and the role of Shariah scholars. This study is governed by the Theory of Islamic Consumer Behavior. Design/methodology/approach A questionnaire survey was conducted involving 150 customers […]