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Name : Said Aqel

Academic Rank: Assistant Professor

Administrative Position : Faculty Academic Member

Office 9207       Ext No 9207

Email :

Specialization: Finance

Graduate Of: Amman Arab University for Graduate Studies

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    Beirut Arab university
    Arab academy for Banking & Financial Sciences
    Amman Arab University for Graduate Studies

9/2010- Present      Assistant Professor, Finance and Banking, Petra University, Amman- Jordan

9/2009 – 9/2010    Assistant Professor and chair, Finance and Banking,       Petra University, Amman- Jordan

2006-9/2009       Assistant Professor, Finance and Banking, Petra University, Amman- Jordan

2004-2006          lecturer, Alquds College, Amman - Jordan

2001-2002          Lecturer (Part – time), Finance& Banking, Al- Ahliya  

                           Amman University

1995-2000          Purchasing officer, URWA, Amman - Jordan

1990-1995          Financial Manager, Jordan Medical Supply Est.,


  • Book

      Said Aqel and Harby , " Islamic Bank Management- Recent Approach- " , "Islamic Bank Management- Recent Approach-",Vol.,No., Dar Wael, Amman, Jordan, 06/02/2009

      Prof. Dr. Mouaid AI Dori , Said J. Aqel , " Financial Derivatives " , "Financial Derivatives",Vol.,No., Ithraa Publishing and Distrbution, Amman - Jordan, 01/01/2012

      Said Aqel and Harby , " Insurance and Risk Management " , "Insurance and Risk Management",Vol.,No., darwael, Amman, Jordan, 03/05/2008

  • Journal Paper

      Said Jumah Aqel
      Abstract This paper aims to examine the effects of the internal and external factors that contribute to the profitability of banks operating in Jordan and to asses the impact of the recent global financial crisis on the determinants of banks profitability over the period 2000 to 20011. The study uses a linear regression model to investigate the impact of the internal factors such as assets, loans, equity, deposits, cost as well as the external factors such as economic growth, inflation and bank concentration on major profitability indicators i.e., return on asset (ROA). The empirical results indicate that higher profit returns are associated with capital adequacy strength, credit risk management, income diversification, cost management and higher economic growth rate. The results also indicated that the decline in profitability in banks operating in Jordan was impacted by the global financial crises. Key words: Banks, Profitability, Return on Assets, Jordan , Global Financial Crisis.

      Mahmoud F. Al-Refai, Said J. Aqel, Mohammad Afaneh, " Determinants of Bank Rapid Credit Growth in Jordan " , " International Research Journal of Finance & Economics, Issue 109 May,2013",Vol.,No.109, International Research Journal of Finance & Economics, Taiwan, 05/01/2013 Abstract:
      Abstract This paper empirically examines the determinants of bank rapid credit growth in Jordan. The study uses multivariate panel regressions model, in which the Generalized Least Square (GLS), the Fixed Effect Model (FEM), and the Random Effect Model (REM) on a panel data of 11 banks over the period of 2000– 2011.The empirical findings of the study show that the capital, deposits, loan to deposit ratio and net interest income have positive effect on credit growth, while the concentration ratio has negative significant influence on the rapid credit growth supplied by Jordanian banks. The results also show that the loan-loss provisions, size, and number of foreign banks operating in Jordan have no effect on bank rapid credit growth.Moreover, the results show that the sustainability of the credit growth in Jordan may be questionable as there are signs of rising probability of banking sector crisis in Jordan. Key words: Credit growth, Banking Crisis, Jordan, Internal Bank Factors.

      Professor Mouied Ald, " The Strategy of Interest Rate Risk Management in The Jordanian Commercial Banks By Using Interest Rate Swaps: an Empirical Study " , "Journal for Research and Scientific Studies",Vol.12,No.2 , Deanship of Postgraduate Studies & Scientific Research Al- Ahliyya Amman University , Amman,Jordan, 03/23/2008 Abstract:
      The study examines how interest rate risks are currently managed at the Jordanian commercial banks, and explores the effect of strategy pertinent to interest rate swaps if implemented in terms of managing interest rate risks at the Jordanian commercial banks. The sample studied consists of 13 Jordanian commercial banks during the period 2000-2005. The empirical method has been used for investigating the real financial data taken from balance sheets issued by these banks. Data were analyzed, hypotheses were tested using the simple and multiple linear regressions, and paired sample T- test. The Study concluded that implementing the modern strategy, based on using interest rate swaps, proved that it is more active, efficient and superior to the conventional strategy currently used in Jordanian commercial banks. The results indicated reduction in risks and increasing profits. The modern strategy based on using interest rate swaps has never been implemented at Jordanian commercial banks. This study has been concluded with implementing a strategy based on using interest rate swaps for managing interest rate risks at Jordanian commercial banks. The method of using these instruments has already been explained in detail in the text.

      Abdual Aziz Saymeh , Harbi Ariqat, Saeid Aqel, " Higher education and scientific research of third world countries need Professional support " , "Educational",Vol.3,No.4, Science Publishing Group, NY., USA, 08/01/2014 Abstract:
      Higher Education is the summit of the educational system, the culmination of the academic track, and eventually the end of the formal educational ladder for all students. It is the cornerstone of the knowledge development for the society. Institutions of higher education are the centers for policy and strategic directors for active and influential communities. This study aims to emphasize the importance of re- structuring of university education programs to enhance university curricula and keep pace with developments perceived by third world countries that cope with the global challenges for the era of globalization in the field of higher education and scientific institutions and give them the ability and efficiency to compete in the rehabilitation and development of graduates and researchers. This research is based on the written literature in this field, as well as relevant statistical analysis in order to get to a confined strategy for the development of the third world higher education in all stages, and is linked to the global developments as well. Researchers found that world developments and global changes being brought about by recent world technological and the modern means of telecommunications requires that developing countries have to strive and to develop their traditional university systems to cope with the new market demands. Third world higher education centers need to follow the modern university systems and modern application of educational technology, such as E-learning and distance education so as to produce university graduates who are qualified to work and compete with their rivals in the developed countries through acquiring the most modified skills and international experiences. The main aim of this study is to focus on the realities of third world higher education and research, and how to be able to face all the challenges and prospects of the twenty-first century in order to cope with the international developments and innovations. In this paper, researchers have concluded that the quality of university education and scientific research in developing countries are affected by many factors commensurate to commercialization, GDPs, B Ops, and population growth. Appropriate policies and academic development plans are deemly necessary for improving the quality of higher education.

      This study aims to analyze the technical efficiency of Jordanian insurance industry by applying Data Envelopment Analysis (DEA) on28 companies during the years 2009 to 2013. The study found that the average technical efficiency during the study period was 64% while the pure technical efficiency w

      The study investigates the relationship between capital flight, illicit financial flows, and economic growth in Jordan over the period 2000 - 2014. Using the World Bank Residual Model, the results show that the total illicit financial flows are JD36. 1 billion (or 16. 2% of GDP). In addition, by app
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