How to cite this paper
Warsame, M., Abdalla, Y & Lasyoud, A. (2021). Can Islamic banking revive Somalia’s ailing economy?.Accounting, 7(7), 1709-1716.
Refrences
Alaro, A. A. M., & Alalubosa, A. H. (2019). Potential of Sharī’ah compliant microfinance in alleviating poverty in Nige-ria. International Journal of Islamic and Middle Eastern Finance and Management, 12(1), 115-129. https://doi.org/10.1108/imefm-01-2017-0021
African Fixed Income Guidebook. (2006), State banks, institutions, and financial development. Stockholm: European Economic Association.
Ali, A., Zulkhibri, M., & Kishwar, T. (2019). Credit Risk, Bank Performance, and Islamic Banking: Evidence from Paki-stan. In Islamic Finance, Risk-Sharing and Macroeconomic Stability (pp. 171-189). Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-05225-6_9
Bagozzi, R., & Yi, Y. (1988). On the evaluation of structural equation model. Journal of the Academy of Marketing Sci-ence, 16(1), 74-94. https://doi.org/10.1177/009207038801600107
Burmeister, E., & Aitken, L.M. (2012). Sample size: How many is enough?. Australian Critical Care, 25(4), 271-274. https://doi.org/10.1016/j.aucc.2012.07.002
Claessens, S., Feijen, E., & Laeven, L. (2008). Political connections and preferential access to finance: The role of cam-paign contributions. Journal of Financial Economics, 88(3), 554-580. https://doi.org/10.1016/j.jfineco.2006.11.003
Collier, P., Gregory, N., & Ragoussis, A. (2019). Pioneering Firms in Fragile and Conflict-Affected States: Why and How Development Finance Institutions Should Support Them. World Bank Policy Research Working Paper, 8774. https://doi.org/10.1596/1813-9450-8774
Collier, P., Hoeffler, A., & Söderbom, M. (2008). Post-conflict risk. Journal of Peace Research, 45(4), 461-478. https://doi.org/10.1177/0022343308091356
Ductor, L., & Grechyna, D. (2015). Financial development, real sector, and economic growth. International Review of Economics and Finance, 37, 393-405. https://doi.org/10.1016/j.iref.2015.01.001
Firestone, R., Kelly, T., & Refon, A. (2017). A game changer—the prospects and pitfalls of mobile money in Somalia. Available at: https://blogs.worldbank.org/nasikiliza/a-game-changer-the-prospects-and-pitfalls-of-mobile-money-in-somalia
Fornell, C., & Larcker, D. (1981). Evaluating structural equation models with unobservable variables and measurement er-ror”, Journal of Marketing Research, 18(1), 39-50. https://doi.org/10.1177/002224378101800104
Gadzo, S.G., Kportorgbi, H.K., & Gatsi, J.G. (2019). Credit risk and operational risk on financial performance of universal banks in Ghana: A partial least squared structural equation model (PLS SEM) approach. Cogent Economics & Finance, 7(1), 1589406. https://doi.org/10.1080/23322039.2019.1589406
Götz, O., Liehr-Gobbers, K., & Krafft, M. (2010). Evaluation of structural equation models using the partial least squares (PLS) approach. In Handbook of partial least squares (pp. 691-711). Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-32827-8_30
Hair, J., Ringle, C., & Sarstedt, M. (2011). PLS-SEM: Indeed a silver bullet. Journal of Marketing Theory and Practice, 19(2), 139-151. https://doi.org/10.2753/mtp1069-6679190202
Hair, J., Sarstedt, M., Ringle, C., & Mena, J. (2012). An assessment of the use of partial least squares structural equation modeling in marketing research. Journal of the Academy of Marketing Science, 40(3), 414-433. https://doi.org/10.1007/s11747-011-0261-6
Henseler, J., Ringle, C., & Sinkovics, R. (2009). The use of partial least squares path modeling in International marketing. New Challenges to International Marketing Advances in International Marketing. Emerald Group Publishing Limited. https://doi.org/10.1108/s1474-7979(2009)0000020014
Henseler, J., Ringle, C.M., & Sarstedt, M. (2015). A new criterion for assessing discriminant validity in variance-based structural equation modeling. Journal of the Academy of Marketing Science, 43(1), 115–135. https://doi.org/10.1007/s11747-014-0403-8
Hoehne, M.V. (2019). Against the grain: Somaliland’s secession from Somalia. In Secessionism in African Politics (pp. 229-261). Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-90206-7_9
Hoyle, R.H. (1995). Structural Equation Modeling. Thousand Oaks, CA: SAGE Publication.
IBM Corp. (2013). IBM SPSS Statistics for Windows, Version 22.0. Armonk. New York: IBM Corp.
Islam, S., & Sultana, T. (2019). Practice of Islamic Financial Management in Bangladesh: Evidence from Islamic Banks. International Journal of Islamic Banking and Finance Research, 3(1), 1-12.
Keatinge, T. (2014). Uncharitable behavior. Demos, 31. Available at: https://www.demos.co.uk/files/ DEMOSuncharita-blebehaviourREPORT.pdf
Kozarević, E., Polić, N., & Perić, A. (2017). Financial system development progress in Western Balkans. Banks and Bank Systems, 12(2), 7-19. https://doi.org/10.21511/bbs.12(2).2017.01
Mansour, W., Hajlaoui, L. L., Abdulkarim, F., & Nassief, M. (2016). Trust crisis in Islamic banking: empirical evidence using structural equations modeling. International Journal of Business, 21(2), 157.
Muktar Adan, A.K. (2017). Overcoming Challenges in an Unrecognized Economy: Experience from Somaliland”, Ameri-can International Journal of Contemporary Research, 7.
Musse, A.M., Ab Rashid, R., & Zainol, Z. (2019). The Emergence of Islamic Banks in Somalia in the Post-Conflict Era: Prospects and Challenges. Indian-Pacific Journal of Accounting and Finance, 3(1), 41-49.
Mvukiyehe, E., & Samii, C. (2018). Peacekeeping and development in fragile states: micro-level evidence from Liberia. The World Bank.
Nunnally, J., & Bernstein, I. (1994). Psychometrictheory, 3rd Ed., New York: McGraw-Hill.
Omar, H.H., & Yusoff, M.E. (2019). Central Bank Impact on Practicing Mudarabah Financing in Islamic Banks: THE CASE OF Tanzania.
Powell, N., & Al-Hallaq, S. (2006). The role of Islamic banks in economic growth: The case of Jordan. In Islamic Finance and Economic Development. Chipenham and Eastbourn: Palgrave MacMillan.
Pramanik, A.H., Mohammed, M.O., Haneef, M.A., Amin, F.M., Aliyu, A.D., Dabour, N., & Bağcı, K. (2015). Integration of Waqf and Islamic Microfinance for Poverty Reduction: Case Studies of Malaysia, Indonesia and Bangladesh. The Statistical, Economic and Social Research and Training Centre for Islamic Countries (SESRIC) and International Is-lamic University Malaysia (IIUM), Gombak, Kuala Lumpur.
Puaschunder, J.M. (2019). The History of Ethical, Environmental, Social, and Governance-Oriented Investments as a Key to Sustainable Prosperity in the Finance World”, Public Integrity, 21, 161-181. https://doi.org/10.1080/10999922.2018.1439563
Razman, A.A., & Safian, Y.H.M. (2019). Current Practice of Debt Recovery Methods in Islamic Banks in Malaysia. Al-Qanatir: International Journal of Islamic Studies, 13(23), 93-110.
Ringle, C.M., Wende, S., & Becker, J.M. (2015). SmartPLS 3. Bönningstedt: SmartPLS.
Saksonova, S., & Kuzmina-Merlino, I. (2017). Fintech as Financial Innovation–The Possibilities and Problems of Imple-mentation. European Research Studies, 20(3A), 961.
Shen, N.M. (2017). Growing the Islamic Banking Business. The Malaysian Reserve. Available at: https://themalaysianreserve.com/2017/08/21/growingislamic-banking-business/.
SWIFT. (2016), Addressing the Unintended Consequences of De-risking – Focus on Africa. Available at: https://www.swift.com/insights/news/addressing-theunintended-consequences-of-de-risking
The World Bank. (2016), World Bank Makes Progress to support Remittance Flows to Somalia. Mogadishu: The World Report. Available at: http://www.worldbank.org/en/news/press-release/2016/06/10/world-bank-makes-progress-to-support-remittance-flows-to-somalia
Warsame, M.H. (2009). The role of Islamic finance in tackling financial exclusion in the UK (Ph.D Thesis).
Wilson, T. (2016). Economic recovery in Somalia. Bildhaan: An International Journal of Somali Studies, 15(1), 9.
Wong, K.K. (2013). Partial Least Square structural equation modeling (PLS-SEM) techniques using SmartPLS. Marketing Bulletin, 24(1), 1-32.
African Fixed Income Guidebook. (2006), State banks, institutions, and financial development. Stockholm: European Economic Association.
Ali, A., Zulkhibri, M., & Kishwar, T. (2019). Credit Risk, Bank Performance, and Islamic Banking: Evidence from Paki-stan. In Islamic Finance, Risk-Sharing and Macroeconomic Stability (pp. 171-189). Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-05225-6_9
Bagozzi, R., & Yi, Y. (1988). On the evaluation of structural equation model. Journal of the Academy of Marketing Sci-ence, 16(1), 74-94. https://doi.org/10.1177/009207038801600107
Burmeister, E., & Aitken, L.M. (2012). Sample size: How many is enough?. Australian Critical Care, 25(4), 271-274. https://doi.org/10.1016/j.aucc.2012.07.002
Claessens, S., Feijen, E., & Laeven, L. (2008). Political connections and preferential access to finance: The role of cam-paign contributions. Journal of Financial Economics, 88(3), 554-580. https://doi.org/10.1016/j.jfineco.2006.11.003
Collier, P., Gregory, N., & Ragoussis, A. (2019). Pioneering Firms in Fragile and Conflict-Affected States: Why and How Development Finance Institutions Should Support Them. World Bank Policy Research Working Paper, 8774. https://doi.org/10.1596/1813-9450-8774
Collier, P., Hoeffler, A., & Söderbom, M. (2008). Post-conflict risk. Journal of Peace Research, 45(4), 461-478. https://doi.org/10.1177/0022343308091356
Ductor, L., & Grechyna, D. (2015). Financial development, real sector, and economic growth. International Review of Economics and Finance, 37, 393-405. https://doi.org/10.1016/j.iref.2015.01.001
Firestone, R., Kelly, T., & Refon, A. (2017). A game changer—the prospects and pitfalls of mobile money in Somalia. Available at: https://blogs.worldbank.org/nasikiliza/a-game-changer-the-prospects-and-pitfalls-of-mobile-money-in-somalia
Fornell, C., & Larcker, D. (1981). Evaluating structural equation models with unobservable variables and measurement er-ror”, Journal of Marketing Research, 18(1), 39-50. https://doi.org/10.1177/002224378101800104
Gadzo, S.G., Kportorgbi, H.K., & Gatsi, J.G. (2019). Credit risk and operational risk on financial performance of universal banks in Ghana: A partial least squared structural equation model (PLS SEM) approach. Cogent Economics & Finance, 7(1), 1589406. https://doi.org/10.1080/23322039.2019.1589406
Götz, O., Liehr-Gobbers, K., & Krafft, M. (2010). Evaluation of structural equation models using the partial least squares (PLS) approach. In Handbook of partial least squares (pp. 691-711). Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-32827-8_30
Hair, J., Ringle, C., & Sarstedt, M. (2011). PLS-SEM: Indeed a silver bullet. Journal of Marketing Theory and Practice, 19(2), 139-151. https://doi.org/10.2753/mtp1069-6679190202
Hair, J., Sarstedt, M., Ringle, C., & Mena, J. (2012). An assessment of the use of partial least squares structural equation modeling in marketing research. Journal of the Academy of Marketing Science, 40(3), 414-433. https://doi.org/10.1007/s11747-011-0261-6
Henseler, J., Ringle, C., & Sinkovics, R. (2009). The use of partial least squares path modeling in International marketing. New Challenges to International Marketing Advances in International Marketing. Emerald Group Publishing Limited. https://doi.org/10.1108/s1474-7979(2009)0000020014
Henseler, J., Ringle, C.M., & Sarstedt, M. (2015). A new criterion for assessing discriminant validity in variance-based structural equation modeling. Journal of the Academy of Marketing Science, 43(1), 115–135. https://doi.org/10.1007/s11747-014-0403-8
Hoehne, M.V. (2019). Against the grain: Somaliland’s secession from Somalia. In Secessionism in African Politics (pp. 229-261). Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-90206-7_9
Hoyle, R.H. (1995). Structural Equation Modeling. Thousand Oaks, CA: SAGE Publication.
IBM Corp. (2013). IBM SPSS Statistics for Windows, Version 22.0. Armonk. New York: IBM Corp.
Islam, S., & Sultana, T. (2019). Practice of Islamic Financial Management in Bangladesh: Evidence from Islamic Banks. International Journal of Islamic Banking and Finance Research, 3(1), 1-12.
Keatinge, T. (2014). Uncharitable behavior. Demos, 31. Available at: https://www.demos.co.uk/files/ DEMOSuncharita-blebehaviourREPORT.pdf
Kozarević, E., Polić, N., & Perić, A. (2017). Financial system development progress in Western Balkans. Banks and Bank Systems, 12(2), 7-19. https://doi.org/10.21511/bbs.12(2).2017.01
Mansour, W., Hajlaoui, L. L., Abdulkarim, F., & Nassief, M. (2016). Trust crisis in Islamic banking: empirical evidence using structural equations modeling. International Journal of Business, 21(2), 157.
Muktar Adan, A.K. (2017). Overcoming Challenges in an Unrecognized Economy: Experience from Somaliland”, Ameri-can International Journal of Contemporary Research, 7.
Musse, A.M., Ab Rashid, R., & Zainol, Z. (2019). The Emergence of Islamic Banks in Somalia in the Post-Conflict Era: Prospects and Challenges. Indian-Pacific Journal of Accounting and Finance, 3(1), 41-49.
Mvukiyehe, E., & Samii, C. (2018). Peacekeeping and development in fragile states: micro-level evidence from Liberia. The World Bank.
Nunnally, J., & Bernstein, I. (1994). Psychometrictheory, 3rd Ed., New York: McGraw-Hill.
Omar, H.H., & Yusoff, M.E. (2019). Central Bank Impact on Practicing Mudarabah Financing in Islamic Banks: THE CASE OF Tanzania.
Powell, N., & Al-Hallaq, S. (2006). The role of Islamic banks in economic growth: The case of Jordan. In Islamic Finance and Economic Development. Chipenham and Eastbourn: Palgrave MacMillan.
Pramanik, A.H., Mohammed, M.O., Haneef, M.A., Amin, F.M., Aliyu, A.D., Dabour, N., & Bağcı, K. (2015). Integration of Waqf and Islamic Microfinance for Poverty Reduction: Case Studies of Malaysia, Indonesia and Bangladesh. The Statistical, Economic and Social Research and Training Centre for Islamic Countries (SESRIC) and International Is-lamic University Malaysia (IIUM), Gombak, Kuala Lumpur.
Puaschunder, J.M. (2019). The History of Ethical, Environmental, Social, and Governance-Oriented Investments as a Key to Sustainable Prosperity in the Finance World”, Public Integrity, 21, 161-181. https://doi.org/10.1080/10999922.2018.1439563
Razman, A.A., & Safian, Y.H.M. (2019). Current Practice of Debt Recovery Methods in Islamic Banks in Malaysia. Al-Qanatir: International Journal of Islamic Studies, 13(23), 93-110.
Ringle, C.M., Wende, S., & Becker, J.M. (2015). SmartPLS 3. Bönningstedt: SmartPLS.
Saksonova, S., & Kuzmina-Merlino, I. (2017). Fintech as Financial Innovation–The Possibilities and Problems of Imple-mentation. European Research Studies, 20(3A), 961.
Shen, N.M. (2017). Growing the Islamic Banking Business. The Malaysian Reserve. Available at: https://themalaysianreserve.com/2017/08/21/growingislamic-banking-business/.
SWIFT. (2016), Addressing the Unintended Consequences of De-risking – Focus on Africa. Available at: https://www.swift.com/insights/news/addressing-theunintended-consequences-of-de-risking
The World Bank. (2016), World Bank Makes Progress to support Remittance Flows to Somalia. Mogadishu: The World Report. Available at: http://www.worldbank.org/en/news/press-release/2016/06/10/world-bank-makes-progress-to-support-remittance-flows-to-somalia
Warsame, M.H. (2009). The role of Islamic finance in tackling financial exclusion in the UK (Ph.D Thesis).
Wilson, T. (2016). Economic recovery in Somalia. Bildhaan: An International Journal of Somali Studies, 15(1), 9.
Wong, K.K. (2013). Partial Least Square structural equation modeling (PLS-SEM) techniques using SmartPLS. Marketing Bulletin, 24(1), 1-32.