Naz, Syeda Arooj; Gulzar, Saqib; Hassan, M. Kabir - In: Journal of business and socio-economic development 6 (2026) 2, pp. 148-169
This paper analyses the role of Sukuk issuance in driving economic growth amid the Global Financial Crisis (2007-2009), considering both short-term fluctuations and long-term outcomes during periods of financial distress.Using the Pooled Mean Group (PMG) approach of the ARDL model, the study...