|
Yazar
|
:
Sherien Mamoun Sayed Ahmed Mohamed
& Fatehaerrhman Elhassan Mansour
|
|
Türü |
:
|
Baskı Yılı |
:
2024
|
Sayı |
:
84
|
Sayfa |
:
132-148
|
DOI Number: |
:
|
Cite : |
Sherien Mamoun Sayed Ahmed Mohamed & Fatehaerrhman Elhassan Mansour, (2024). THE ROLE OF ISLAMIC FINANCIAL ENGINEERING IN REDUCING THE IMPACTS OF FINANCIAL CRISES (A FIELD STUDY ON ISLAMIC BANKS IN SUDAN). Route Education and Social Science Journal , 84, p. 132-148. Doi: 10.17121/ressjournal.3515.
|
430 280
|
Özet
The study examined the role of Islamic financial engineering in mitigating. The impacts of financial crises, with a field study conducted on a sample of Islamic banks in Sudan. The study found that some financial institutions, including banks and other financial entities, did not fully utilize the tools and strategies of Islamic financial engineering to address the effects of financial crises that have impacted the economy at various times, particularly those operating within the Islamic economy. the study aimed to identify the tools and strategies of Islamic financial engineering and to determine the economic and financial impacts of financial crises. It also sought to study the relationship between the tools and strategies of Islamic financial engineering and their financial impacts. The study encourages Sudanese financial institutions to take advantage of the benefits of the Islamic financial structure in reducing or addressing the effects of financial crises. the study adopted an inductive approach, a descriptive analytical approach, and a historical approach. Data was collected from a sample of Islamic banks using a questionnaire. To achieve the study’s objectives, the following hypotheses were tested :the use of Islamic financial engineering tools to address the effects of financial crises, the use of Islamic financial engineering strategies in dealing with the effects of financial crises .the study concluded that the use of Islamic financial engineering tools helps in reducing the impacts of financial crises. the application of Islamic financial engineering strategies contributes to mitigating the effects of financial crises. the study recommended the following: There is a clear and urgent need for more scientific research by specialists to advance Islamic finance and deepen and expand interest in Islamic banking and financial services.
Anahtar Kelimeler
Islamic Financial Engineering, Financial Crises, Islamic Banks.
Abstract
The study examined the role of Islamic financial engineering in mitigating. The impacts of financial crises, with a field study conducted on a sample of Islamic banks in Sudan. The study found that some financial institutions, including banks and other financial entities, did not fully utilize the tools and strategies of Islamic financial engineering to address the effects of financial crises that have impacted the economy at various times, particularly those operating within the Islamic economy. the study aimed to identify the tools and strategies of Islamic financial engineering and to determine the economic and financial impacts of financial crises. It also sought to study the relationship between the tools and strategies of Islamic financial engineering and their financial impacts. The study encourages Sudanese financial institutions to take advantage of the benefits of the Islamic financial structure in reducing or addressing the effects of financial crises. the study adopted an inductive approach, a descriptive analytical approach, and a historical approach. Data was collected from a sample of Islamic banks using a questionnaire. To achieve the study’s objectives, the following hypotheses were tested :the use of Islamic financial engineering tools to address the effects of financial crises, the use of Islamic financial engineering strategies in dealing with the effects of financial crises .the study concluded that the use of Islamic financial engineering tools helps in reducing the impacts of financial crises. the application of Islamic financial engineering strategies contributes to mitigating the effects of financial crises. the study recommended the following: There is a clear and urgent need for more scientific research by specialists to advance Islamic finance and deepen and expand interest in Islamic banking and financial services.
Keywords
Islamic Financial Engineering, Financial Crises, Islamic Banks.