• Article

Islamic banking: the case of Algeria

Benamraoui, A. 2008. Islamic banking: the case of Algeria. International Journal of Islamic and Middle Eastern Finance and Management. 1 (2), pp. 113-131. https://doi.org/10.1108/17538390810880973

TitleIslamic banking: the case of Algeria
AuthorsBenamraoui, A.
Abstract

"Abstract: Purpose:

This study provides a detailed analysis of the Islamic banking in Algeria following the financial liberalisation initiated in the 1990s. It examines the performance of the solely bank offering Islamic financial products in Algeria, Banque Al Baraka d’Algérie. The study also analyses the methods adopted by the bank to improve the allocation of its financial resources and to boost its earnings.

Approach:

Interviews were conducted to find about the performance and risks associated with Banque Al Baraka d’Algérie operations. All interviews were held face-to-face with each respondent in Algeria. Statistical data and financial ratio analyses are also used to support the arguments made in this study. Analyses are carried out on major factors affecting the bank operations.

Findings:

The study reveals four key findings: (1) Banque Al Baraka d’Algérie offers only few Islamic financial products to its customers; (2) most of the instruments are geared towards short-term financing; (3) the bank overall performance has improved since its operations in Algeria; (4) and credit risk remains the main obstacle facing the bank.

Research Limitations:

This research uses a single country case study. The study also refers to the case of one Islamic bank with no competition from other Islamic finance providers.

Practical Implications:

The analyses presented in this research can be used by policymakers and managers as guidance to develop the exiting Islamic banking practices in Algeria.

Originality/Value:

The study makes a contribution to the literature on Islamic banking in Algeria. It is the first study to particularly investigate the issue of Islamic banking performance in Algeria. The findings achieved in this research will be of interest for practitioners and academics concerned with developments of the Algeria banking industry.

JournalInternational Journal of Islamic and Middle Eastern Finance and Management
Journal citation1 (2), pp. 113-131
ISSN1753-8394
Year2008
PublisherEmerald Publishing Limited
Digital Object Identifier (DOI)https://doi.org/10.1108/17538390810880973
Publication dates
Published2008

Related outputs

Sharia boards, managerial strategies and governance practices in Islamic banks: a Goffmanesque discourse
Karbhari, Y, Benamraoui, A. and Hassan, A.F.S 2024. Sharia boards, managerial strategies and governance practices in Islamic banks: a Goffmanesque discourse. Accounting, Auditing & Accountability Journal. 37 (4), pp. 1069-1095. https://doi.org/10.1108/AAAJ-07-2017-3037

Islamic Banks’ Sharia Compliance Disclosure: An International Evidence
Benamraoui, A., Moussa, T. and Hussien, M. 2023. Islamic Banks’ Sharia Compliance Disclosure: An International Evidence. Accounting Research Journal. 36 (4/5), pp. 327-348. https://doi.org/10.1108/ARJ-07-2022-0157

VfM audit and the UK public sector: A critical review of the VfM reports
Benamraoui, A., Chatzivgeri, E., Jory, S.R. and Ajay, R. 2022. VfM audit and the UK public sector: A critical review of the VfM reports. Financial Accountability & Management. 40 (2), pp. 127-153. https://doi.org/10.1111/faam.12338

The UK Public Sector VfM Audit Expectations Gap: Evidence from the Informed Groups
Benamraoui, A., Alwardat, Y. and Karbhari, Y. 2022. The UK Public Sector VfM Audit Expectations Gap: Evidence from the Informed Groups. International Journal of Accounting, Auditing and Performance Evaluation. 18 (1), pp. 61-81. https://doi.org/10.1504/IJAAPE.2022.123307

Dynamic Capability and Strategic Corporate Social Responsibility Adoption: Evidence from China
Li, J., Benamraoui, A., Shah, N.S. and Mathew, S. 2021. Dynamic Capability and Strategic Corporate Social Responsibility Adoption: Evidence from China. Sustainability. 13 (10) e5333. https://doi.org/10.3390/su13105333

The World Economy and Islamic Economics in the Time of COVID-19
Benamraoui, A. 2021. The World Economy and Islamic Economics in the Time of COVID-19. Journal of King Abdulaziz University: Islamic Economics. 34 (1), pp. 67-78. https://doi.org/10.4197/Islec.34-1

An Empirical Investigation of the Regulatory and Non-Regulatory Challenges of the UK Islamic Retail Banking
Benamraoui, A., Boukrami, E., Dafgard, C. and Karbhari, Y. 2020. An Empirical Investigation of the Regulatory and Non-Regulatory Challenges of the UK Islamic Retail Banking. Journal of Islamic Business and Management. 10 (2), pp. 303-322.

FinTech Innovations: A Review of the Recent Developments and Prospects
Benamraoui, A. and Aljandali, A. 2020. FinTech Innovations: A Review of the Recent Developments and Prospects. Bancaria. 12, pp. 85-95.

The Effect of Block Ownership on Future Firm Value and Performance
Benamraoui, A., Jory, S.R., Mazouz, K., Shah, N.S. and Gough, O. 2019. The Effect of Block Ownership on Future Firm Value and Performance. The North American Journal of Economics and Finance. 50, p. 100982 100982. https://doi.org/10.1016/j.najef.2019.04.025

The Effects of Mergers and Acquisitions on Acquiring Banks’ Contribution to Systemic Risk
van Dellen, S., Benamraoui, A., Ngo, H. and Salaber, Julie 2019. The Effects of Mergers and Acquisitions on Acquiring Banks’ Contribution to Systemic Risk. 27th Edition of International Rome Conference on Money, Banking & Finance. Rome, Italy 10 - 11 Dec 2018

Are retailers “bagging” the carrier bag levy in England? An exploratory enquiry
Jory, S.R., Benamraoui, A., Madichie, N.O., Ruiz-Alba, J. and Christodoulou, I. 2019. Are retailers “bagging” the carrier bag levy in England? An exploratory enquiry. Journal of Environmental Management. 233, pp. 845-853. https://doi.org/10.1016/j.jenvman.2018.12.003

The effects of mergers and acquisitions on acquiring banks' contribution to systemic risk
Van Dellen, S., Benamraoui, A., Ngo, H. and Salaber, Julie 2018. The effects of mergers and acquisitions on acquiring banks' contribution to systemic risk. 11th Edition of International Risk Management Conference (Risk Society). Paris, France 07 - 08 Jun 2018

A comparative study between the UK and the USA house price indicators before and during the financial crisis of 2007-2009
Benamraoui, A. 2018. A comparative study between the UK and the USA house price indicators before and during the financial crisis of 2007-2009. Journal of Financial Economic Policy. 10 (4), pp. 456-472. https://doi.org/10.1108/JFEP-02-2018-0025

A Comparative Study of Islamic and Conventional Banks Risk Management Practices: Empirical Evidence from Pakistan
Rehman, A.A., Benamraoui, A. and Dad, A.M. 2018. A Comparative Study of Islamic and Conventional Banks Risk Management Practices: Empirical Evidence from Pakistan. Journal of Banking Regulation. 19 (3), pp. 222-235. https://doi.org/10.1057/s41261-017-0046-z

Stock price reaction to profit warnings: The role of time-varying betas
Yin, S., Mazouz, K., Benamraoui, A. and Saadouni, B. 2018. Stock price reaction to profit warnings: The role of time-varying betas. Review of Quantitative Finance and Accounting. 50 (1), pp. 67-93. https://doi.org/10.1007/s11156-017-0623-3

Islamic Banking Regulation and the Role of the Sharia Board: The UK Case Study
Benamraoui, A., Alwardat, Y.A. and Barton, U.A. 2016. Islamic Banking Regulation and the Role of the Sharia Board: The UK Case Study. Bancaria. June 2016 (6).

Value for Money and Audit Practice in the UK Public Sector
Alwardat, Y., Benamraoui, A. and Rieple, A. 2015. Value for Money and Audit Practice in the UK Public Sector. International Journal of Auditing. 19, p. 206–217. https://doi.org/10.1111/ijau.12037

Stimulating learning about social entrepreneurship through income generation projects
Chang, J., Benamraoui, A. and Rieple, A. 2014. Stimulating learning about social entrepreneurship through income generation projects. International Journal of Entrepreneurial Behaviour & Research . 20 (5), pp. 417-437. https://doi.org/10.1108/IJEBR-10-2012-0111

Learning-by-doing as an approach to teaching social entrepreneurship
Chang, J., Benamraoui, A. and Rieple, A. 2014. Learning-by-doing as an approach to teaching social entrepreneurship. Innovations in Education and Teaching International. 51 (5), pp. 459-471. https://doi.org/10.1080/14703297.2013.785251

A History of the Algerian Banking Industry 1830-2010
Benamraoui, A. and Boukrami, E. 2014. A History of the Algerian Banking Industry 1830-2010. New York, USA Edwin Mellen Press.

Causal relationships between financial markets: the case of Turkey
Benamraoui, A., Caglayan, E. and Yasgul, Y.S. 2010. Causal relationships between financial markets: the case of Turkey. Middle Eastern Finance and Economics. 6, pp. 41-49.

The real effect of the recent financial crisis on the UK housing price indicators
Benamraoui, A. 2010. The real effect of the recent financial crisis on the UK housing price indicators. International Journal of Arts and Sciences. 3 (13), pp. 255-266.

An analysis of foreign banks financial performance in the UK
Benamraoui, A. 2008. An analysis of foreign banks financial performance in the UK. Global Business & Economics Anthology. II, pp. 42-53.

Understanding the rules of financial innovations
Benamraoui, A. 2005. Understanding the rules of financial innovations. in: Proceedings of the Financial Markets Asia Pacific 2005 Conference Sydney, Australia University of Western Sydney.

Financial liberalisation: lessons from the literature on transitional economies
Benamraoui, A. 2005. Financial liberalisation: lessons from the literature on transitional economies. Third Conference on Accounting Finance in Transition. London, UK 13-16 Jul 2005

The effects of financial innovations and the Internet on the banking industry
Benamraoui, A. 2004. The effects of financial innovations and the Internet on the banking industry. London, UK European Business School. https://doi.org/Occasional&WorkingPaperSeriesno1

The effects of the Internet and financial innovation on the banking industry
Benamraoui, A. 2004. The effects of the Internet and financial innovation on the banking industry. Second Conference on Accounting Finance in Transition. Kavala, Greece 09-11 Jul 2004

Interest versus non-interest banking model
Benamraoui, A. 2004. Interest versus non-interest banking model. in: Sevic, Z. (ed.) Accounting and finance in transition London, UK Greenwich University Press.

Interest versus non-interest banking model
Benamraoui, A. 2003. Interest versus non-interest banking model. First Greenwich International West-East Conference "Accounting and Finance in Transition: European and Asian Experience and Public Policy Consideration". London, UK 10-12 Jul 2003

Developing countries and the challenge of globalisation of financial services
Benamraoui, A. 2002. Developing countries and the challenge of globalisation of financial services. in: Review of the International Institute of Labour and Social Sciences Minsk, Belarus UNKNOWN. pp. 458-472

Banking in transition, evidence from Algeria
Benamraoui, A. 2002. Banking in transition, evidence from Algeria. SEAG Annual Conference. London, UK 09 Sep 2002

Permalink - https://westminsterresearch.westminster.ac.uk/item/9143y/islamic-banking-the-case-of-algeria


Share this

Tweet
Email

Usage statistics

529 total views
0 total downloads
These values cover views and downloads from WestminsterResearch and are for the period from September 2nd 2018, when this repository was created.