Financial inclusion of Muslim minority in Vellore, Tamil Nadu

IF 0.8 Q3 ECONOMICS
Economic Notes Pub Date : 2024-01-11 DOI:10.1111/ecno.12232
Vavangani Ishtiyaq Nadeem, Khalid Waheed, Arshiya Fathima M.S
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引用次数: 0

Abstract

The study aims to identify the potential determinants of financial inclusion and its impact on the Indian Muslim minority in Tamil Nadu. statistical package for social science and analysis of moment structures software packages were used in the study. Confirmatory factor analysis and structural equation modelling techniques were applied to examine the collected data (n = 300) from the Vellore district from April 2022 to March 2023. The study reveals that financial awareness, access and quality positively and significantly impact financial inclusion. However, the financial usage dimension is statistically insignificant. Additionally, the results from the moderation effect reveal that financial access and quality, along with age and annual income, significantly influence financial inclusion. In conclusion, the study contributes new dimensions to the existing literature by exploring the financial inclusion of Muslims and suggests implications and future scope for further research.

泰米尔纳德邦韦洛尔穆斯林少数民族的金融包容性
本研究旨在确定金融包容性的潜在决定因素及其对泰米尔纳德邦印度穆斯林少数民族的影响。研究中使用了社会科学统计软件包和矩阵结构分析软件包。在研究 2022 年 4 月至 2023 年 3 月期间从韦洛尔地区收集的数据(n = 300)时,采用了确认因素分析和结构方程模型技术。研究显示,金融意识、获取途径和质量对金融包容性有积极而显著的影响。然而,金融使用维度在统计上并不显著。此外,调节效应的结果显示,金融渠道和质量以及年龄和年收入对金融包容性有显著影响。总之,本研究通过探讨穆斯林的金融包容性,为现有文献提供了新的维度,并提出了进一步研究的意义和未来范围。
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来源期刊
Economic Notes
Economic Notes ECONOMICS-
CiteScore
3.30
自引率
6.70%
发文量
11
期刊介绍: With articles that deal with the latest issues in banking, finance and monetary economics internationally, Economic Notes is an essential resource for anyone in the industry, helping you keep abreast of the latest developments in the field. Articles are written by top economists and executives working in financial institutions, firms and the public sector.
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