GLOBAL ISLAMIC FINANCE ASSETS: ANALYSIS OF THE ISLAMIC BANKING IN ALGERIA

Sissani Midoun; Tagrerout Med

doi:10.29358/sceco.v0i30.444

GLOBAL ISLAMIC FINANCE ASSETS: ANALYSIS OF THE ISLAMIC BANKING IN ALGERIA

Authors

Sissani Midoun Faculty of Economic , Management and Commercial Sciences, University Ibn- Khaldoun, Tiaret (14000) Algeria http://orcid.org/0000-0002-2444-7507
Tagrerout Med

DOI:

https://doi.org/10.29358/sceco.v0i30.444

Keywords:

Islamic Banking, Islamic assets, Usury, Islamic Sukuk, Business ethics

Abstract

No doubt that Islamic banks have proved its efficiency and effectiveness in both :In methods of financial management and also in the mobilization of financial resources for the sake to promote development in various economic sectors not only in Islamic countries but even in European as well and of course according to Islamic Sharia rules. The aim of this paper is to examine the performances and the Islamic methods adopted to improve the allocation of financial resources and its specific ways to boost earnings. Besides, Islamic financial assets were involved in huge financial markets due to its high quality of financial services provided to investors. Actually, Islamic banking exists in more than 67 countries and by the end of 2019 they may reach about 75 countries in the world. The results show that legislation, shortage of qualified individuals and the lack of using a high technology are the most critical factor of Islamic banking in Algeria.

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Author Biographies

Sissani Midoun, Faculty of Economic , Management and Commercial Sciences, University Ibn- Khaldoun, Tiaret (14000) Algeria
Tagrerout Med

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Published

31.12.2019

Issue

No. 30 (2019)

Section

Articles

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How to Cite

Midoun, S., & Med, T. (2019). GLOBAL ISLAMIC FINANCE ASSETS: ANALYSIS OF THE ISLAMIC BANKING IN ALGERIA. Studies and Scientific Researches. Economics Edition, 30. https://doi.org/10.29358/sceco.v0i30.444