The role of central bank regulations in enhancing Islamic bank performance in Egypt
One of the key success elements of economic development is a well-established, banking system. This sector is often considered for mobilising savings as credit or investment tools. In addition, the banking system plays a vital role in increasing investments to serve the financial resources essential for developmental needs (Etab, 2016). However, continual financial crises have resulted in troubles in many conventional banks all over the world. By contrast, the Islamic banks (IBs) were safeguarded against these crises (Johnes et al., 2014). In fact, Islamic banking broadened its requests to more investors other than just traditional Muslims ones. Recently, more than 300 Islamic financial institutions were established in 70 countries across the world (Johnes et al., 2014).
Arab Academy for Science and technology
- School of Management