¹Abderraouf MTIRAOUI, ²Najoua TALBi

¹Ph.D., Teacher at the Private University (UPS- EcoGest)-Sousse- Tunisia

²Ph.D., Director at the Private University (UPS- EcoGest)-Sousse- Tunisia

DOI : https://doi.org/10.47191/ijsshr/v4-i11-01

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ABSTRACT

The objective of this article is to study, firsty the direct and indirect effects of Islamic financial development on the variables of economic growth while highlighting the inflastionist situation during the period 2009-2020. Secondy, our empirical contribution is based on the use of simultaneous equation models. Thirdy, we analyze the results found while showing to what extent Islamic financial development remains effective in slowing economic growth when there is an inflationary situation for our MENA study region.

KEYWORDS:

Islamic Financial Development, Inflastionist Situation, Economic Growth and Simultaneous Equation Model.
JEL Classification: G29, E31, O40, C33.

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VOlUME 04 ISSUE 11 NOVEMBER 2021