مجلة الأصيل للبحوث الاقتصادية والإدارية

Islamic Digital Crowdfunding In Algeria: Reality, Prospects, And Lessons From International Experience

Auteurs : Chalour Ouissem .

Résumé

Algeria has the population, cultural affinity, and digital connectivity needed for Islamic crowdfunding, yet still lacks a single licensed platform. This paper argues the gap lies on the supply side: no crowdfunding law, no national Shariah advisory authority, and no adequate payment infrastructure. Using a systematic literature review (2010–2024) and SWOT-based documentary analysis of Malaysia, Indonesia, and the United Kingdom, the study finds these countries followed different regulatory sequences yet achieved institutional completeness. Building on this comparison, it proposes a three-phase roadmap institutional foundation, infrastructure development, and market activation showing that Algeria's challenge is institutional rather than cultural.

Mots clés

Islamic crowdfunding ; Islamic fintech ; digital finance ; regulatory framework ; comparative institutionalism