Abstract
The present study is conducted in Algeria for the establishment of Islamic banking and finance. The study tries to examine those factors that become a hindrance to the establishment and development of the sharia compliance for Islamic banking and finance in Algeria. Survey data based on a set of questionnaires were distributed to employee and customers of nine selected banks in the city of Boumerdes, Algeria. Results of the study show the existence of the technical, social and legal obstacles as the main factors that hamper the success of the establishment of the Islamic banking in Algeria. This study is helpful for the policy makers, bankers and investors for formulating the future policy. Besides, this paper is the first attempt to establish the factors which affect the development and establishment of Islamic banking and finance in Algeria.
| Original language | English |
|---|---|
| Journal | Academy of Accounting and Financial Studies Journal |
| Volume | 22 |
| Issue number | Specialissue |
| State | Published - 1 Apr 2018 |
| Externally published | Yes |
Keywords
- Algeria
- Establish
- Factors
- Finance
- Islamic banking
- Obstacles
- SPSS