The Impact of The Use of Sukuk as A Financing Tool on Small and Micro Projects in Egypt
Journal Title: International Journal of Social Science And Human Research - Year 2024, Vol 7, Issue 05
Abstract
The research aims to investigate and study the impact of using sukuk as a financing tool on small and micro projects in Egypt by testing the hypothesis that there is a statistically significant impact of the value of Egyptian sukuk on the loans to small and micro enterprises during the period (2011-2022). The data were collected from the Central Bank of Egypt, Central Agency for Public Mobilization, World Bank, Economic Reports for Egypt and Statistics of annual reports during the period, and were subsequently analyzed using descriptive analytical method. Accordingly, the findings indicated that the impact of the independent variable of the value of the Egyptian sukuk on the dependent variable of loans to small and micro enterprises was significant at the level of 0.01.and It was found that whenever the value of Egyptian sukuk increased by 1%. The loans to small and micro projects increased by 0.006392%.
Authors and Affiliations
Mohamed Akmal Y. Ghouname, Prof. Dr. Elsayed M. Elseify,prof. Dr. Marwa Elsherif
Keywords
Related Articles
- EP ID EP735697
- DOI 10.47191/ijsshr/v7-i05-80
- Views 67
- Downloads 0
Study of the Psychological Condition of Students Living in Border Conflict Regions
Since the 1990s, the conflicts and destructive processes that began in Abkhazia and South Ossetia have remained a major crisis for the population of Georgia. For nearly 30 years, the populations of both regions, governed...
First-Year University Students’ Embryonic Identities Through Foreign Languages: English Language as A Case Study
Language plays diverse significant roles in identity construction. It is not just a means of communication but can also be used to express oneself through a given language in a given community. The English language is es...
Reconfiguring the Academic Success Matrix through Student Involvement: Implications for a Higher Education Institutions: A Case of Three Selected Universities in Zimbabwe
The article explores reconfiguring the concept of academic success in Zimbabwe, now premised on the attainment of benchmark Doctrine Education 5.0 pillars set by the Ministry of Higher and Tertiary Education, Innovation,...
Ideology on Educational Approach Under Ly – Tran Period
The content of viewpoints on education in the Ly - Tran period is not a random phenomenon; it is derived from the goals and requirements of the reality of Dai Viet society during that period. Educational thoughts in the...
Paradigms and Different Types of Research
The structure of the research processes is represented according to the paradigmatic nature of the researcher's knowledge and two major differentiation criteria: the DIACHRONIC Structure and the SYNCHRONOUS Structure. Ev...