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

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 c...

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Main Authors: Sissani Midoun, Tagrerout Med
Format: Article
Language:English
Published: University of Bacău 2019-12-01
Series:Studies and Scientific Researches: Economics Edition
Subjects:
Online Access:http://sceco.ub.ro/index.php/SCECO/article/view/444
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author Sissani Midoun
Tagrerout Med
author_facet Sissani Midoun
Tagrerout Med
author_sort Sissani Midoun
collection DOAJ
description 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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spelling doaj.art-2f742dc507484c91b540263feeb4aff32022-12-22T03:14:46ZengUniversity of BacăuStudies and Scientific Researches: Economics Edition2066-561X2344-13212019-12-0103010.29358/sceco.v0i30.444397GLOBAL ISLAMIC FINANCE ASSETS: ANALYSIS OF THE ISLAMIC BANKING IN ALGERIASissani Midoun0Tagrerout MedFaculty of Economic , Management and Commercial Sciences, University Ibn- Khaldoun, Tiaret (14000) AlgeriaNo 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.http://sceco.ub.ro/index.php/SCECO/article/view/444islamic bankingislamic assetsusuryislamic sukukbusiness ethics
spellingShingle Sissani Midoun
Tagrerout Med
GLOBAL ISLAMIC FINANCE ASSETS: ANALYSIS OF THE ISLAMIC BANKING IN ALGERIA
Studies and Scientific Researches: Economics Edition
islamic banking
islamic assets
usury
islamic sukuk
business ethics
title GLOBAL ISLAMIC FINANCE ASSETS: ANALYSIS OF THE ISLAMIC BANKING IN ALGERIA
title_full GLOBAL ISLAMIC FINANCE ASSETS: ANALYSIS OF THE ISLAMIC BANKING IN ALGERIA
title_fullStr GLOBAL ISLAMIC FINANCE ASSETS: ANALYSIS OF THE ISLAMIC BANKING IN ALGERIA
title_full_unstemmed GLOBAL ISLAMIC FINANCE ASSETS: ANALYSIS OF THE ISLAMIC BANKING IN ALGERIA
title_short GLOBAL ISLAMIC FINANCE ASSETS: ANALYSIS OF THE ISLAMIC BANKING IN ALGERIA
title_sort global islamic finance assets analysis of the islamic banking in algeria
topic islamic banking
islamic assets
usury
islamic sukuk
business ethics
url http://sceco.ub.ro/index.php/SCECO/article/view/444
work_keys_str_mv AT sissanimidoun globalislamicfinanceassetsanalysisoftheislamicbankinginalgeria
AT tagreroutmed globalislamicfinanceassetsanalysisoftheislamicbankinginalgeria