This paper discusses the reasons for state intervention in the financial sector in Egypt and analyzes major tools of intervention such as setting ceilings on interest rates, imposing high reserve requirements, developing directed credit schemes and intervention in the portfolio composition of...

This paper assesses the mortgage and housing finance market in various MENA countries, in an attempt to identify the main impediments. The approach followed involves critical analyses through reviewing the economic and political conditions for a successful mortgage finance system, as well as the...

Islamic finance has been growing rapidly in recent years. Motivated by a heightened interest in financial instruments that emphasize risk sharing, it has been attracting greater attention in the wake of the recent financial crisis. This class of instruments appears to have avoided many of the...

Islamic finance has expanded rapidly over the past three decades, and has continued to perform well through the years since the onset of the global financial crisis in 2008. This class of assets emphasizes risk sharing and has performed well compared to conventional counterparts. The outlook for...

Purpose: The purpose of this study is to examine the impact of COVID-19 on the Latin America and the Caribbean (LAC) region and to discuss imperative engines for potential regional recovery. Design/methodology/approach: This study conceptually discusses the effects of COVID-19 on the LAC region...

This thesis deals with the issue of financial development in Egypt at the sectoral, macroeconomic and household levels over the period 1960-93. The thesis is organised in ten chapters, including a summary of the main results in chapter (10). Chapter (1) provides an introduction of the topics...