The impact investing practices in the Middle East and North Africa (MENA) region and its implication for sustainable development. Through a comprehensive review of literature and empirical analysis we investigate the role of funding availability, policy support, investor education and technical assistance in driving sustainable development initiatives in MENA. Our findings explored that funding agencies, policy initiatives, and investor education programs are crucial driver of impact investing, promoting renewable energy projects, job creation and the integration of sustainability into business operations. The study highlights the crucial role of funding availability, policy support, investor education and technical assistance in promoting sustainable development and technological innovation in the MENA region as this has shown significance (p < 0.05) with less p value in all the factors. This study contributes to the understanding of the factors influencing impact investing practices in MENA and provides insights for policymakers, investors and practitioners observing to promote sustainable development in the region.