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
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- EP ID EP735697
- DOI 10.47191/ijsshr/v7-i05-80
- Views 98
- Downloads 0
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