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Islamic finance is one of the fastest growing segments of global financial industry. In some countries, it has become systemically important and, in many others, it is too big to be ignored. Islamic finance is based on shariah, an Arabic term that often is translated to “Islamic law.”...
Persistent link: https://www.econbiz.de/10013127345
Statistics show that SMEs represent 90% of total companies in the vast majority of economies worldwide and provide 40-80% of total job opportunities in addition to contributing largely to GDPs of many countries. For example, SMEs constitute more than 99% of all non-agricultural private...
Persistent link: https://www.econbiz.de/10013127773
Small and medium enterprises (SMEs) have become one of the key instruments to face economic and social problems and achieve development objectives in most industrial and developing countries. SME contributions to employment creation, productivity improvement, and income generation are...
Persistent link: https://www.econbiz.de/10013102142
Micro, small and medium sized enterprises (M/SMEs) are a dynamic force for sustained economic growth and job creation. They are a valid, crucial component of a vibrant industrial society. M/SMEs stimulate private ownership and entrepreneurial skills; they are flexible and can adapt quickly to...
Persistent link: https://www.econbiz.de/10013085300
As a result of climatic conditions such as dry climate, limited arable land and scarce water resources, the Arab region is import dependent for most food commodities. There is a continuously rising discrepancy between food production and food consumption. This makes the region more and more...
Persistent link: https://www.econbiz.de/10013089725
Micro, small and medium sized enterprises (M/SMEs) are a dynamic force for sustained economic growth and job creation. They are a valid, crucial component of a vibrant industrial society. M/SMEs stimulate private ownership and entrepreneurial skills; they are flexible and can adapt quickly to...
Persistent link: https://www.econbiz.de/10013080778
Economic security is composed of basic social security, defined by access to basic needs infrastructure pertaining to health, education, dwelling, information, and social protection, as well as work-related security.Waqf (endowment) is one of the most important institutions in the Islamic...
Persistent link: https://www.econbiz.de/10013144044
The world economy is currently going through a serious financial upheaval that sparked off in the United States and has spread to Europe and the rest of the world. The crisis has already led to the collapse of influential banks and firms as well as to recession in several countries, some...
Persistent link: https://www.econbiz.de/10013144405
Job creation at the top of the development challenges of the Arab countries as a whole. These countries have the highest rates of unemployment at the global level. Boosting employment and reducing unemployment is the ultimate aim of all Arab developmental efforts . This problem affects country...
Persistent link: https://www.econbiz.de/10013144407
It is expected for small and medium-sized to be a locomotive for economic growth in the Arab countries during the coming decades. In addition to providing many job opportunities for the steady population growth. The role of the sector, small and medium enterprises in creating jobs and combating...
Persistent link: https://www.econbiz.de/10013144408