Purpose: Using a sample of fifteen countries from the Middle East and North Africa (MENA), we investigate the driving forces (economics and socio-demographic) that influence family Takaful demand in MENA region.Design/methodology/approach: We use multivariate analysis, Bootstrapping and...

The paper analyzes how bank characteristics and the overall financial environment affect the performance of Islamic banks. Utilizing bank level data, the study examines the performance indicators of Islamic banks across eight Middle Eastern countries between 1993 and 1998. A variety of internal...

Islamic finance has now become an important element in the development agenda of the Middle East and North African (MENA) countries. It is also gaining significance in the financial landscape of the region as well as of the individual countries. As a growing business it caters to the financial...

The past decade has witnessed significant developments in the banking structure of the Arab World. The emergence of OPEC, the increase in oil revenues and accumulation of large reserves, led not only to an overall boom of economic activity in the petroleum exporting countries but also...

This paper concentrates on six obstacles that hinder the advancement of research in Islamic Economics (IE). These are: the absence of historical studies, the lack of empirical studies, the insufficient institutional support, the non-adherence to ethical norms of research and publication, the...

This research paper aims to bring out the characteristics of project finance transactions in the Middle East and the growing role of Islamic Finance in these transactions. Drawing from various professional and academic sources, this paper will attempt to describe the advantages as well as...