Financial leasing in Palestine “Prospects & Obstacle”

Abstract

The study aims to test the impact of financial leasing on the financial performance of financial leasing institutions in Palestine during the period between 2015 and 2021, the study examines the prospects and obstacles of financial leasing in Palestine. in an attempt to show the regulations of financial leasing in enhancing financial performance indicators represented by the rate of return on deposits, rate of return on ownership, rate of return on investment and rate of return on available assets. Financial leasing is a contract finance agreement that allows companies to sell goods, such as medical equipment, vehicles, and machinery, without having to pay the full price of the purchased goods. These regulations form Capital Market Authority (CAM) in Palestine that provides access to goods and services that maybe it is expensive to purchase. However, there are several obstacles to the growth of financial leasing in Palestine, including the lack of roles and regulations, the limited of supplying leasing products, and the lack of access to finance the contracts. The study concludes that while financial leasing can provide businesses in Palestine with the necessary financing to obtain the required goods and services, the current lack of a regulatory environment and the limited access to financing and leasing products are major obstacles to its growth. The purpose of the study is to find out the obstacles of financial leasing in Palestine, to understand the potential for this type of financing, and to the challenges that must be overcome for it to become more widely available. The paper begins by providing an overview of financial leasing and its benefits in Palestine. It then discusses the major obstacles to the growth of financial leasing in Palestine, including the lack of regulations and laws, the limited supply of leasing products, and the lack of access to financing. Finally, the paper outlines potential solutions for overcoming these obstacles and promoting the growth of financial leasing in Palestine. The study intends to analyze the influence of financial leasing on the financial performance of Palestinian financial leasing institutions between 2015 and 2021. It also examines the opportunities and challenges of financial leasing in Palestine. to demonstrate the regulations of financial leasing in improving financial performance measures such as the rate of return on deposits, rate of return on ownership, rate of return on investment, and rate of return on available assets. Financial leasing is a type of contract finance agreement that allows businesses to sell things like medical equipment, automobiles, and machinery without having to pay the full purchase price. In Palestine, these regulations create the Capital Market Authority (CAM) [1], which gives access to goods.