Rising Economies of Lifting the Lid on Financial Inclusion

K.NEELAKANTESHWAR REDDY

Abstract


Financial inclusion has become a topic of growing interest for lecturers, professionals, and policy-makers in recent times. Researchers stress the importance of financial inclusion and highlight the numerous roles of financial institutions, equivalent to banks, in promoting financial inclusion. Therefore, it's imperative to research the role and commitment of banks in promoting financial inclusion, significantly those financial institutions (i.e., Muslim banks) that came into existence to plug socio-economic justice through the distribution of wealth in society. The study is formed on the argument that Muslim banking business model depends on intangible sources i.e., Shari’ah law and such sources square measure exploited to create value i.e., stability, gain and financial inclusion. The empirical analysis supports the hypothesis that Muslim banks utilize varied tangible and non-tangible resources to plug financial inclusion. 

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