IslamicFinance.de

Arab policy makers, who long regarded microfinance as charity for the poor, are becoming awarw of the fact that a financial system that supplies only 20 percent of the population is a key ingredient in the recipe for political instability. Positive aggregate growth figures were covering the causes of the unrest: unemployment, high inflation, authoritarian rule and a lack of economic opportunities for the majority of the population, especially younger generations.
It is certain that economic and financial inclusion in the Middle East and North Africa (MENA) region lags behind other parts of the world.