مجلة الإبداع
Volume 16, Numéro 1, Pages 56-65
2026-01-15

The Role Of Islamic Government Sukuk In Financing Economic Development

Authors : Kouidri Kouchih Boudjemaa .

Abstract

Abstract: This study focuses on the importance of Islamic government sukuk in supporting economic growth and development. Islamic government investment sukuk have proven successful in financing development in many Islamic and non-Islamic countries. Their use became widespread following the global financial crisis, and they are now considered among the most innovative financing mechanisms in the world.The research is structured around three main themes: the nature and principles of Islamic sukuk, the types and mechanisms of sukuk issued by governments, and the contribution of sukuk to macroeconomic development—through an analysis of selected Islamic countries. The study also addresses the advantages of using Islamic sukuk to finance economic development projects.The findings highlight the effectiveness of sukuk in mobilizing idle capital, enhancing financial inclusion, and supporting infrastructure and public finance needs

Keywords

Islamic government sukuk ; economic development ; Islamic finance ; Financing Economic Development ; Securitization