Araştırma Makalesi

İslami Bankacılık, Yenilenebilir-Yenilenemez Enerji ile Ekonomik Büyümenin Çevre Kalitesi Üzerindeki Rolü: Seçilmiş Ülkeler İçin LCC Hipotezinin Test Edilmesi

Cilt: 7 Sayı: 3 20 Aralık 2024
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The Role of Islamic Banking, Renewable and Non-Renewable Energy and Economic Growth on Environmental Quality: Testing the LCC Hypothesis for Selected Countries

Abstract

The financial sector is a provider of finance in the transformation of energy resources into investments. In recent years, the Islamic banking sector, which has developed rapidly as an alternative to conventional banking in the financial sector, has played an important role in financing environmentally friendly projects. In this context, the study aims to investigate the impact of Islamic banking on environmental quality under the load factor curve (LCC) hypothesis. In this direction, the load capacity factor (LCF), which is the indicator of environmental quality, was used as the dependent variable in the established research model. Islamic banking assets, return on equity, renewable/non-renewable energy and real gross domestic product per capita were considered as independent variables in the model. The study was conducted in Türkiye, the United Arab Emirates, Kuwait, Pakistan and Indonesia, which are among the leading countries in Islamic banking. The 10-year data between 2013-2022 of five countries was examined with a panel data analysis. As a result of the study, it was found that the LCC hypothesis is valid for the countries studied. It was found that Islamic banks' assets had a positive effect on the load capacity factor, but return on equity had a negative effect. On the other hand, the consumption of renewable energy and non-renewable energy was found to have a negative effect on the load capacity factor in the analyzed countries. Therefore, it is necessary to promote and spread the use of renewable energy by providing more financing with affordable costs and easy access for investments in clean energy instead of primary energy sources in the analyzed countries.

Keywords

Islamic Finance , Islamic Banking , Renewable-Non-Renewable Energy , Load Capacity Factor , Panel Data Analysis.

Kaynakça

  1. Abduh, Muhamad vd. “Exploring The Relationship between Islamic Financial Development, Energy Consumption, and Environmental Quality”. International Journal of Energy Economics and Policy 12/2 (2022), 426–430. https://doi.org/10.32479/ijeep.11943
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  5. Apergis, Nicholas vd. “Renewable and Non-Renewable Energy Consumption, Energy Technology Investment, Green Technological Innovation, and Environmental Sustainability in The United States: Testing The EKC and LCC Hypotheses with Novel Fourier Estimation”. Environmental Science and Pollution Research 30 (2023), 125570-125584.
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  8. British Petroleum. Erişim 05 Nisan 2024. https://www.bp.com/en/global/corporate/energy-economics.html
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Kaynak Göster

APA
Ergün, T. (2024). İslami Bankacılık, Yenilenebilir-Yenilenemez Enerji ile Ekonomik Büyümenin Çevre Kalitesi Üzerindeki Rolü: Seçilmiş Ülkeler İçin LCC Hipotezinin Test Edilmesi. Kocatepe İslami İlimler Dergisi, 7(3), 106-131. https://doi.org/10.52637/kiid.1513288
AMA
1.Ergün T. İslami Bankacılık, Yenilenebilir-Yenilenemez Enerji ile Ekonomik Büyümenin Çevre Kalitesi Üzerindeki Rolü: Seçilmiş Ülkeler İçin LCC Hipotezinin Test Edilmesi. Kocatepe İslami İlimler Dergisi. 2024;7(3):106-131. doi:10.52637/kiid.1513288
Chicago
Ergün, Tolga. 2024. “İslami Bankacılık, Yenilenebilir-Yenilenemez Enerji ile Ekonomik Büyümenin Çevre Kalitesi Üzerindeki Rolü: Seçilmiş Ülkeler İçin LCC Hipotezinin Test Edilmesi”. Kocatepe İslami İlimler Dergisi 7 (3): 106-31. https://doi.org/10.52637/kiid.1513288.
EndNote
Ergün T (01 Aralık 2024) İslami Bankacılık, Yenilenebilir-Yenilenemez Enerji ile Ekonomik Büyümenin Çevre Kalitesi Üzerindeki Rolü: Seçilmiş Ülkeler İçin LCC Hipotezinin Test Edilmesi. Kocatepe İslami İlimler Dergisi 7 3 106–131.
IEEE
[1]T. Ergün, “İslami Bankacılık, Yenilenebilir-Yenilenemez Enerji ile Ekonomik Büyümenin Çevre Kalitesi Üzerindeki Rolü: Seçilmiş Ülkeler İçin LCC Hipotezinin Test Edilmesi”, Kocatepe İslami İlimler Dergisi, c. 7, sy 3, ss. 106–131, Ara. 2024, doi: 10.52637/kiid.1513288.
ISNAD
Ergün, Tolga. “İslami Bankacılık, Yenilenebilir-Yenilenemez Enerji ile Ekonomik Büyümenin Çevre Kalitesi Üzerindeki Rolü: Seçilmiş Ülkeler İçin LCC Hipotezinin Test Edilmesi”. Kocatepe İslami İlimler Dergisi 7/3 (01 Aralık 2024): 106-131. https://doi.org/10.52637/kiid.1513288.
JAMA
1.Ergün T. İslami Bankacılık, Yenilenebilir-Yenilenemez Enerji ile Ekonomik Büyümenin Çevre Kalitesi Üzerindeki Rolü: Seçilmiş Ülkeler İçin LCC Hipotezinin Test Edilmesi. Kocatepe İslami İlimler Dergisi. 2024;7:106–131.
MLA
Ergün, Tolga. “İslami Bankacılık, Yenilenebilir-Yenilenemez Enerji ile Ekonomik Büyümenin Çevre Kalitesi Üzerindeki Rolü: Seçilmiş Ülkeler İçin LCC Hipotezinin Test Edilmesi”. Kocatepe İslami İlimler Dergisi, c. 7, sy 3, Aralık 2024, ss. 106-31, doi:10.52637/kiid.1513288.
Vancouver
1.Tolga Ergün. İslami Bankacılık, Yenilenebilir-Yenilenemez Enerji ile Ekonomik Büyümenin Çevre Kalitesi Üzerindeki Rolü: Seçilmiş Ülkeler İçin LCC Hipotezinin Test Edilmesi. Kocatepe İslami İlimler Dergisi. 01 Aralık 2024;7(3):106-31. doi:10.52637/kiid.1513288