Islamic Trade Financing and Poverty Mitigation: An Econometric Estimation Informing Islamic Development Bank Member Countries Considering Their Entrepreneurial Ecosystems

This paper is an analysis of the empirical effect of entrepreneurial ecosystems on the relationship between Islamic Trade financing (TF) and poverty trends in the context of Islamic Development Bank (IsDB) member countries. The study employs a longitudinal, correlation design using linear dynamic panel data GMM model to examine the statistical effect of entrepreneurial ecosystems on the relationship between Islamic Trade Financing dollar amounts and GNI Per Capita, PPP of IsDB member countries for 2009-2019. Results show a significant positive relationship between TF dollar amounts and GNI Per capita, with ascending entrepreneurial ecosystem positively affecting this relationship, leading to recommendations for policies facilitating Islamic Trade financing and improving entrepreneurial ecosystems for poverty mitigation.