Evaluating governance frameworks to ensure the integration and transition to Islamic banking in Algeria
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Date
2024
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Publisher
University of Oum El Bouaghi
Abstract
The study aimed to present the governance frameworks affecting the financial transition in search of the appropriate composition of the establishment of Islamic financial institutions in Algeria by examining the experiences of some countries that have achieved important success through exploratory data analysis of MCA. The study found that the integration of Islamic banking is based on the crucial adaptability of governance frameworks, also interest in providing and improving these special platforms was found to play a role in the success of the banking financial transition, Credible Sharia and homogeneous supervisory frameworks are the key common denominator for a full transition to Islamic banking.
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Keywords
governance frameworks; Islamic Financial Institutions; Islamic banking; Financial transition; MCA approach