Mahmoud Mohieldin


Mahmoud MohieldinMahmoud Mohieldin is Managing Director of the World Bank, responsible for the Bank’s knowledge development as represented through the Networks: Finance and Private Sector Development; Sustainable Development; Poverty Reduction and Economic Management; Human Development; and the World Bank Institute. As the World Bank’s representative at the G20 Deputies’ Meetings, he also oversees the Bank’s work in support of the group’s agenda. Prior to joining the World Bank, Mr Mohieldin held numerous positions in the Government of Egypt. He was a member of the Commission on Growth and Development. He served as Board Member of several universities, regional research centres and think tanks. As a Professor of Economics, he has authored numerous publications and articles in leading economic journals. He received his PhD in Economics from the University of Warwick and an MSc in Economics and Social Policy Analysis from the University of York.

Papers Published in World Economics:

Realising the Potential of Islamic Finance

Islamic finance has expanded rapidly over the past three decades, and has continued to perform well through the years since the onset of the global financial crisis in 2008. This class of assets emphasizes risk sharing and has performed well compared to conventional counterparts. The outlook for further growth is bright, but several key regulatory and governance issues will need to be addressed if Islamic finance is to achieve its full potential. Together with other multilateral development institutions, the World Bank has a long-standing engagement supporting the development of the industry, which is helping to meet the preferences of significant numbers of people, enhancing financial inclusion and intermediation, and contributing more broadly to financial stability and development.

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