The impact of the Islamic financial system in achieving local development: As an example EL MURABAHA sale to the purchase order

Authors

  • Hamza Laidli Emir Abdelkader University of Islamic Sciences, Constantine, Algeria. Email: laidli.hamza@univ-emir.dz
  • Hocine Khalfallah Emir Abdelkader University of Islamic Sciences, Constantine, Algeria. Email: Hocine.khalfa34@gmail.com

Keywords:

Regional Advancement, Nurturing, Monetary Paradigm, Islamic, Transaction, Murabaha to the Purchase Orderer

Abstract

Through this study, the researchers aim to highlight the role of the Islamic financial system and its impact on achieving the desired local development, through one of its windows and one of its participatory products, namely murabaha for the purchaser. Through this study, the researchers also seek to highlight the most important principles and rules on which the Islamic financial system is based, as well as to explain its most important objectives and goals. Most importantly, the researchers aim to highlight the richness and diversity of Islamic financial and banking formulas, the extent of this richness's impact on economic revival, the promotion of local development, the achievement of economic prosperity, and the contribution to the attainment of a high standard of living.

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Published

05-12-2025

How to Cite

Laidli, H., & Khalfallah, H. (2025). The impact of the Islamic financial system in achieving local development: As an example EL MURABAHA sale to the purchase order. The International Tax Journal, 52(6), 4373–4390. Retrieved from https://internationaltaxjournal.online/index.php/itj/article/view/418

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