Annales de l’université d’Alger
Volume 39, Numéro 4, Pages 256-271
2025-12-11

Strategies For Enhancing The Future Outlook Of The Islamic Financial Industry And Islamic Fintech In Algeria

Authors : Dahinine Ahmed .

Abstract

This study aims to elucidate the evolution of the Islamic financial sector in Algeria, assess its present condition, and delineate the role of Islamic financial technology within the Algerian economy. This paper examines the legal, economic, and social aspects of this industry and highlights the primary difficulties obstructing its advancement. It underscores the Algerian Monetary Authority's efforts to incorporate and advance the Islamic banking sector inside the national economy by instituting a dual financial system (conventional and Islamic). The report ultimately proposes a set of methods and recommendations designed to fortify the Islamic financial industry at the national level as the principal means of bolstering the actual economy while concurrently facilitating Islamic financial technology.

Keywords

Islamic financial industry, Islamic Fintech, obstacles and challenges, Algeria