The importance of financial knowledge in making investment decisions in the Arab securities markets

Abstract

The research aims to determining the role and importance of financial knowledge for investors In the stoke markets, especially the Arabic ones in order to increase awareness of investor's behavior to make rational investment decisions, andspot ligt on the cohcept of investment decisions, as an important strategic decisions in the lives of indiuiduals or institutions, its adecisions reguire of knowledge, and one of the most important reasons for guality different of these decisions is awareness lack to many investors. while improving of financial knowledge level foe investor individual will be take aright investment decision in order to prove the hypothesis, the research dealt with many studies which discuss importance of the investor have financial knowledg. the most important findings ther is ageneral lack of financial knowledge of invwstors individual in the Arab Financial markets and according to Arab countiries classification to the index of Financial knowledge tunisias investors are the best arab investors which have good financial knowledge compared with other Arab countries. financial knowledge has aspecific role to stability, developement and spread of stock markets and this encourage investment initiating in the financial instruments which used in these markets. The financial development of individuals areconnected with education, wealth and media programmes on investiments others and developing the training programmes and understand the culture and behavavior of investor, necessary, Arab markets must in novate Financial mannes to expand Financial knowledge of investors and encourage them to make  investment decision in different circumstances meeting the financial markets.