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

Evaluation of Socio-Cultural and Political Factors on Small Scale Business Performance

The research explores the influence of environmental factors on the performance of Small and Medium Scale Enterprises (SMEs) in Oda, Ondo State. Primary data were gathered through the administration of questionnaires to...

Iago the Quintessence of Capitalism: An Inquire into Shakespeare’s Othello

“Tis in ourselves that we are thus or thus” so claims Iago in Shakespeare’s Othello. His character compresses multiple complex versions, soliciting a large assortment of deliberations. He is the concentration of evil who...

Notary Efforts in the Prevention of Money Laundering

In addition to having rights and obligations as stipulated in the Notary Office Law, notaries are also given additional obligations in the context of preventing and eradicating money laundering, namely as reporting party...

“Let the Children Come to Me…For unto Them, the Kingdom of God Belongs” Mk 10:13-16: The Pastoral Challenges of this Invitation in African Church Today

Africa is blessed with an overwhelming population of young people, who in the words of the African Synod Fathers, constitute its “numerical strength” but unfortunately, these have been kept in the cold, marginalized, exp...

Examination of the Academic Motivation Levels of Vocational School Students

This study aims to examine the academic motivation levels of vocational school students concerning various demographic variables. A descriptive survey model was utilized. The sample consisted of 407 vocational school stu...

Download PDF file
  • EP ID EP735697
  • DOI 10.47191/ijsshr/v7-i05-80
  • Views 95
  • Downloads 0

How To Cite

Mohamed Akmal Y. Ghouname, Prof. Dr. Elsayed M. Elseify, prof. Dr. Marwa Elsherif (2024). The Impact of The Use of Sukuk as A Financing Tool on Small and Micro Projects in Egypt. International Journal of Social Science And Human Research, 7(05), -. https://europub.co.uk/articles/-A-735697