The adoption of Islamic Financing by Algerian Islamic Banks: A Case Study of AL-SALAM BANK ALGERIA

Abstract

In this paper, we aim to shed light on the reality of Islamic financing modes adopted by one of the existing Islamic banks in Algeria through the case of Al Salaam Bank Algeria. We find that Islamic banks in Algeria adopt various Islamic financing modes; some of them are directed towards the general public (individuals) in the form of consumption and real estate financing modes, while others are directed towards economic actors (enterprises) for financing investment projects and exploitation cycles.