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), whereof Solebusiness grant exclusively Islamic financial services, and Window provide 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, and Window experience higher financial performance than Solebusiness. IMFIs do not experience higher social performance than conventional MFIs; whether conventional or Islamic, MFIs face a financial vs. social performance trade‐off. © 2020 John Wiley & Sons, Ltd.

中文翻译：

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中东和北非地区小额信贷机构的社会和财务绩效：伊斯兰机构是否胜过传统机构？

在2004年至2015年期间，对中东和北非地区67个小额信贷机构的样本进行了小额信贷机构（MFI）的绩效分析。它包括18个伊斯兰小额信贷机构（IMFIs）的一个子样本，信守Solebusiness授予专门的伊斯兰金融服务，以及窗口同时提供回教与传统服务。具有相互作用变量的联立方程模型测试了七个关于财务绩效，社会绩效以及社会与财务绩效关系的假设。传统的MFI的财务业绩要比IMFI高，Window的财务业绩要比Solebusiness高。。IMFI没有比传统MFI更高的社会绩效；无论是传统的还是伊斯兰的，小额信贷机构都面临着财务绩效与社会绩效之间的取舍。分级为4 +©2020 John Wiley＆Sons，Ltd.