Waqf sukuks and the importance of its integration into the algerian economy –with reference to the New Zealand experience

Abstract

This study aims at clarifying the importance of integrating Waqf Sukuks in the algerian economy, and how to benefit from the New Zealand experience to develop endowments in Algeria, especially in light of the Algerian financial system's orientation towards islamic financial applications. By following the descriptive and analytical approach and limiting the study to the period from 2009 to 2020, a basic conclusion was reached that the use of Waqf Sukuks in Algeria as a financing and investment means leads to maximizing the income and benefits of endowments properties , thus enhancing their multidimensional role, especially that related to the economic and social development.