Financial inclusion, monetary policy and financial stability in MENA countries
Publication Type
Original research
Authors

This Paper aims to examine the relationship finacial inclusion, monetary policy and finacial stability in 15 middle eastern and north african (MENA) countries. The study employs a quantitative research design , using a panel vector atuoregrssion model to anlyze data form 15 MENA countries over 20 years from ( 2003- 2022). The finding reveals a positive relationship between finacial inclusion and stability, as inclusion fosters resilience and trust in finacial institutions. Finacial stability, in turn, inhances inclusion by reducing costs,encouraging private investment, and expanding credit access . while finacial inclusion positively impact money supplyand inclusion highlights structual ineffiiences . The finding emphasize the importance of adaptive regulatory frameworkand coordinated policy strategies to harness the potential of finacial inclusion in fostering economic stabilityand sustainable development . policymakers especially in less developed MENA countires are aruged to pritorize finacial inclusion as a cornerstone for promoting economic resilience and growth

Journal
Title
journal of Islamic Accounting and Business Research
Publisher
Emerald
Publisher Country
United Kingdom
Indexing
Scopus
Impact Factor
2.8
Publication Type
Both (Printed and Online)
Volume
--
Year
2026
Pages
1-21