The Islamic insurance sector or Takaful has seen remarkable global growth in many major markets, especially in Muslim dominated countries. However, the development of Islamic finance, particularly Takaful in Algeria appears to have lagged behind. Although there are two Islamic banks operating in Algeria, Takaful is yet to be introduced into the Algerian financial market. We ran a study to investigate the perspective of Algerian experts in Islamic finance and takaful on the issues and challenges of introducing Islamic insurance into the Algerian financial market to address the following questions: What are the benefits of introducing Islamic insurance into the Algerian financial market? What challenges might Algeria face with the introduction of Islamic insurance? And how can the Algerian financial market adopt the Malaysian Islamic insurance framework? Read More
Inspire Magazine Spoke with Prof. Meziane Lasfer, professor of finance at Cass Business School of City University of London. Prof. Lasfer specialises in applied corporate finance including Dividend Policy, Capital Structure, Corporate Restructuring, Capital Markets, and Corporate Governance. The overall aim of the interview was to engage both specialists and non-specialists with issues relevant to Prof. Lasfer’s field of research as well as how these relate to Algeria. Read More