아세안

Most countries, swept by global financial crisis in 2008, have faced financial and economical difficulties with social instability. There is no doubt that the countries in MENA have been also influenced by it directly and indirectly. Under this situation some of them couldn't find any solution and exit from the crisis. So there were partially some complaints expressed from the people at large and it was developed to be citizen contra in some arabian and islamic countries governed during long period of dictatorship. It brought changed social and political complexion named ‘Arab spring’ in arab societies. Since Arab Spring new elected governments in Egypt, Libya and Tunisia have tried to get opportunities to secure finances for their national budgets through Islamic finance which has shown us its existence continuously since global financial crisis in 2008. Islamic finance has grown up rapidly in global financial markets and achieved growth of 150% during last 5 years. All financial transaction in Islamic finance should be agreed with Sharia as prohibition of Riba, Profit & Loss Sharing, prohibition of Gharar and so on. This research aims to analyze the influence of Arab Spring on the development of Islamic finance in Egypt, Libya and Tunisia among the North African countries which Islamic finance hadn't been developed well relatively even though they are islamic countries. This research shows the financial situations and Islamic finance industry in 3countries for the comparison before and after Arab Spring and how these governments have tried to get the chances for their national budgets and nations from Islamic finance. Besides it will note social problems and priority issues for adapting and developing Islamic finance with existing financial system in islamic countries.