ISSN: 1814-9669

Volume 10, Issue 38

Volume 10, Issue 38, Autumn 2015, Page 1-142

Iraqi Monetary Policy: From Monetary Aggregates To Interest Rate 2004-2011

Dr.Mahmood M. Daghir

Economic Sciences, Volume 10, Issue 38, Pages 1-30

Although the importance of monetary aggregates in monetary policy, but this field of economics witnessed increasing use of interest rate as nominal anchor instead of aggregates. So this paper deals with Iraqi monetary policy via testing the role of interest rate in formulating Iraqi monetary policy according to Taylor rule.
Some Iraqi officials indicated to attempts toward adopted Taylor rule in managing monetary policy. The results show the inability to apply the Taylor rule within inflation and GDP Gaps, because the monetary behave isolated from the real activities of Iraqi economy.
The rental features of Iraqi economy and weak contribution of real sector offsite the role of interest rate in transmitting the monetary effects toward Iraqi real economy, and reflects a weak relationship between real and monetary sectors.
for the Exchange rate tool and its use as a mean to fight inflation, it is the most effective tool in influencing variables of the national economy, both monetary and real variables, where the statistical tests have proven the significant role played by the exchange rate to influence inflation and output.

The solvency margin in takaful insurance and takaful reinsurance companies

Prof . Dr. Khalid Al Sahlawy; Dr. Abdul Kareem Kandoz

Economic Sciences, Volume 10, Issue 38, Pages 31-47

The solvency margin is an important financial indicator and a key benchmark for industry regulators. It measures an insurance company's ability to pay out claims when unforeseen events occur, such as a natural disaster or a stock market collapse. In the last few decades, much attention has been paid to the necessary solvency margin, and for that reason, our research aims to measure the solvency margin of 6 Saudi takaful insurance and reinsurance companies in accordance of the Saudi Arabia Monetary Authority guidelines.

Over the application and success of finance leasing in the Libyan banks

Dr. Omar Miftah Al-Saedi

Economic Sciences, Volume 10, Issue 38, Pages 48-64

The Finance Lease is considered as one of the economic forms of financing that provides projects obtaining the equipment and capital assets without having to perform a full value or even provide a big boost in advance, but it is limited to the performance of the fare payable for each period while maintaining the right of ownership of these assets for tenants so that they can recover these assets in case of the failure of tenants to pay the debts owed on them, and In the case of the bankruptcy of the tenant, the assets are not included in the bankruptcy of the tenant
Due to the importance of role that the large commercial banks play in the economic life, it has to be a study on the activity of Finance Lease and how to apply it in commercial banks, and the extent of success applying this activity in the Libyan banks.
This paper addresses the following topics:
- Introduction about the Finance Lease .
- Comparison between the Finance Lease activity in Islamic banks than in the traditional.
- The Challenges that facing the Finance Lease activity in Libya.
- Results and recommendations

Questionnaire study in Algerian Insurance company LACAAT UM AL-bwaqi agency

Dr. AlSaeed Breeka; Dr. Murad Kwashi

Economic Sciences, Volume 10, Issue 38, Pages 65-85

The purpose of this article is to see how customer satisfaction by offering a service made available by the Algerian Insurance Company (CAAT). For this we adopted a questionnaire containing all parameterized reflecting the quality of service for a sample of 45 clients.
After performing statistical processing of the questionnaire, data SPSSV20 software and statistical tools needed to use analysis, we have the fact that the company's customers are generally satisfied with the quality of service and the satisfaction level is acceptable for all items covered in our questionnaire.

Using of sensitivity analyses method in financial planning An Empirical study in Al- Maha trading Company

Dr. Emad A. Al-Mashkoor

Economic Sciences, Volume 10, Issue 38, Pages 86-108

The financial planning is the importance function for financial management, and the sustainability of an organization in businesses market is threw sealing needed funds to continuing its production and marketing activities, and keeping its market dividend. Therefore, the financial planning is the real way to facing the internal and external risks by take care from all effects and side effects on its activities, added to any economics changes like inflation indicator and the prices oscillation. Therefore, the two core goals of financial management is be sure there is enough financial funds to keep business sustainability, and trying to growing the rate of investments. Because of the financial planning and the forecasting based on assumptions, some of these assumptions have high degree of confidence , but the other only just Educated guesses, therefore this study tried to use sensitivity analyses approach to testing the changing in input/output of variables , and its impact on decisions. Threw Trying to measure the impact of the change in inputs, in the calculation of net cash flow during the next three years

The financing role for Islamic banks financing by cheeks –Malaysia experiments

Dr. Sami Obead Al-Timeemy; Re. Adnan Hadi Jeaz

Economic Sciences, Volume 10, Issue 38, Pages 109-142

أصبحت المصارف الإسلامية واقعا مميزا على الساحة المصرفية ، وذلك بعد أن حققت نتائج مذهلة في مجالات التمويل والاستثمار وجذب الودائع مما أدى إلى تزايد قوة ونفوذ الأدوات الاستثمارية الإسلامية في العمليات المصرفية والاقتصادية المختلفة .
برزت الصكوك كواحدة من أهم هذه الأدوات المالية والتي استطاعت أن تجد لها موطئ قدم في أسواق المال العالمية .
تعد ماليزيا اكبر سوق للصكوك في العالم حيث صدرت صكوك بمليارات الرينجت الماليزي