التصكيك الإسلامي كألية لتحقيق الانتعاش الاقتصادي : دراسة قياسية لحالة دول الخليج العربي

Abstract EN

The study aims to find out the extent to which the Islamic issuance mechanism contributes to the economic recovery of the Arab gulf countries and to determine the nature of the relationship between them, by presenting the share of the Arab gulf countries in the global issuance of sukuk since the beginning of the issuance of sukuk and determining the relationship between the volume of issuance of Islamic sukuk and the economic growth of the countries under study during the period from 2016 to 2020 based on quarterly data.

by using the cross-sectional time series approach (panel data), where the total issuance of Islamic sukuk was relied upon, final expenditures for public consumption of the government, foreign direct investment as explanatory variables, and gross domestic product (GDP) as a dependent variable representing economic growth.

the study concluded that there is a statistically significant correlation between the Islamic sukuk mechanism, expressed by the size of the issuance of Islamic sukuk, and economic growth expressed by GDP, and the Islamic sukuk has a positive effect on economic growth, after it was found that the fixed effects model is appropriate in estimating study data.