واقع وآفاق مشروع الصيرفية الإسلامية في ظل التوجه الجديد للجزائر

Abstract

Islamic banking has recently become one of the most important forms of financing that various countries rely on due to its efficacy in financing and facing financial and economic crises. Funding formulas that differ from those offered by traditional banks, such as Mudaraba, Murabaha and sharing. However, despite the adoption of Islamic banks in the Algerian banking system, the legal regulation of the activity of the latter remains absent, as the 20-02 issued by the Monetary and Loan Council is the only legal framework for Islamic banking products, and even this system remains just a general framework that includes only reference to some Simple definitions, without any actual regulation of Islamic banking. Algeria has tended towards the localization of Islamic banking in Algerian banks, by allowing the opening of Islamic windows and windows, which was approved by the Bank of Algeria 20-02 system that defines banking operations related to Islamic banking and the rules for its practice. This study attempts to shed light on this trend towards Islamic banking by identifying its justifications, the challenges of its application and the requirements for its success. This study concluded that Islamic banking can play a major role in attracting liquidity. And mobilizing domestic savings to finance investment, provided that all obstacles that impede this transformation are removed, especially the obstacle of the monetary and loan law, which was set on the scale of traditional banks and did not take into account the specificity of Islamic banking. This study also aims to know the extent of the ability of Islamic banking to achieve economic development, achieve prosperity for the community and to survive despite crises and obstacles, and its effective contribution to what was set for it in achieving the goals, in the public banks' reliance on the development of Islamic products in line with With Islamic Sharia by privatizing and opening windows for Islamic banking, and Islamic financing methods in public banks focus on several methods, especially the Murabaha contract. And speculation, as well as leasing, despite the fundamental difference between conventional and Islamic banks, but there is compatibility between these two types of partnership in major investment projects with the aim of ensuring and providing Islamic financial products. With the creation of a scientific body on the causes of financial risks emanating from Islamic financing formulas