Seybold Report ISSN: 1533-9211

Abstract

THE IMPACT OF MACROECONOMIC MACRO-INSTITUTIONAL AND DIGITALIZATION ON THE PERFORMANCE OF MICROFINANCE INSTITUTIONS: EVIDENCE FROM OIC


Mushtaq Ahmed, Mohamad Yazid Isa


Vol 18, No 6 ( 2023 )   |  Licensing: CC 4.0   |   Pg no: 105-122   |   Published on: 16-06-2023



Abstract
The aim of this paper is to elaborate the performance of microfinance institution in OIC countries at macroeconomic and country-institutional level. This study composed of panels, based on the type of microfinance institutions classification with respect to Islamic and conventional microfinance. Using panel data on 146 microfinance institutions of OIC countries for the period of 2008-2018, we find complementary and rivalry outcomes with respect to macroeconomics and country level institutional variable. Furthermore, digitalization has significant effect in the performance of microfinance institution (MFIs).


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