The Social and Financial Performance of Microfinance Institutions in the Middle East and North Africa Region: Do Islamic Institutions Outperform Conventional Institutions?

被引:4
|
作者
Berguiga, I. [1 ]
Said, Y. Ben [2 ]
Adair, P. [3 ]
机构
[1] Univ Sousse, Higher Inst Business Studies, Sousse, Tunisia
[2] Univ Sfax, Higher Inst Corp Affairs, Sfax, Tunisia
[3] Univ Paris Est Creteil, ERUDITE, 61 Ave Gen Gaulle, F-94010 Creteil, France
关键词
conventional microfinance; financial performance; Islamic microfinance; MENA region; panel data; social performance; OUTREACH;
D O I
10.1002/jid.3488
中图分类号
F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];
学科分类号
0201 ; 020105 ; 03 ; 0303 ;
摘要
The performance of microfinance institutions (MFIs) is analysed over 2004-2015 on a sample of 67 MFIs in the Middle East and North Africa regions. It includes a subsample of 18 Islamic MFIs (IMFIs), whereofSolebusinessgrant exclusively Islamic financial services, andWindowprovide both Islamic and conventional services. A model of simultaneous equations with interacting variables tests seven hypotheses addressing financial performance, social performance and the social and financial performance relationship. Conventional MFIs experience higher financial performance than IMFIs, andWindowexperience higher financial performance thanSolebusiness. IMFIs do not experience higher social performance than conventional MFIs; whether conventional or Islamic, MFIs face a financial vs. social performance trade-off. (c) 2020 John Wiley & Sons, Ltd.
引用
收藏
页码:1075 / 1100
页数:26
相关论文
共 50 条