Since 2014
Financial Cooperative Societies: Conceptual Framework and Evidence from Egypt
International Journal of Islamic Economics and Finance Studies
View Archive Info| Field | Value | |
| Title |
Financial Cooperative Societies: Conceptual Framework and Evidence from Egypt
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| Creator |
Al Ajlouni, Ahmed Taha
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| Description |
This paper reports on a survey conducted in Egypt about the motives behind participating in Societies; and their perception by participants. It is also devoted to clarifying the unique nature of Societies as a premise of informal finance to manage financial aspects that bear zero interest.A random sample of participants from Helwan area in Cairo, who joined a Society for managing their financial needs, was selected. A questionnaire was used for collecting data and descriptive analysis methods were used for analyzing the study variables. The study revealed that Societies have a long history mode that has been followed in many countries. It also showed that the participants devote the majority of the Society's sum for expenditure on current essential short-term needs. A high sensitivity to Islamic Sharī’ah has been showed by the Society members. It proved that the general trend toward Societies was very positive.
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| Publisher |
www.pesar.org
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| Contributor |
—
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| Date |
2018-04-02
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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| Format |
application/pdf
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| Identifier |
http://ijisef.org/index.php/IJISEF/article/view/332
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| Source |
International Journal of Islamic Economics and Finance Studies; Vol 4, No 1 (2018): March/Mart 2018
Uluslararası İslam Ekonomisi ve Finansı Araştırmaları Dergisi; Vol 4, No 1 (2018): March/Mart 2018 2149-8407 2149-8393 |
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| Language |
eng
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| Relation |
http://ijisef.org/index.php/IJISEF/article/view/332/162
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| Rights |
Copyright (c) 2018 International Journal of Islamic Economics and Finance Studies
http://creativecommons.org/licenses/by-nc-sa/4.0 |
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