Takaful insurance in Algeria (reality and challenges)

Authors

  • Djamel Ben Ayad University of Sidi Bel Abbes, Algeria
  • University of sidi bel abbes University of Sidi Bel Abbes, Algeria. Email: bensaid.khdar@gmail.com

Keywords:

Takaful insurance, insurance, Algeria

Abstract

This study aims to explore the reality of Takaful insurance in Algeria, employing a descriptive approach to construct the theoretical framework and an analytical approach to assess its level of implementation. The study concludes that Takaful insurance is still in its early stages of application, with limited product penetration and a number of regulatory and economic challenges hindering its development.

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References

Ben Naoum, H., & Hakmi, B. (2024). Challenges of takaful insurance industry: Case study of Algeria... Journal of Economic Integration, 12(1), 14–26

Brahimi, K. (2014). Development of the takaful insurance industry in Algeria (Doctoral dissertation, Faculty of Economic, Commercial and Management Sciences, University of Blida 2, Algeria.

Khaloui, F. Z., & Lezoul, M. (2024). Impact of executive decree No. 21-81 on the development of the takaful insurance sector in Algeria. Journal of Contemporary Economic Research, 7(1), 491–510

Larabi, M., & Nadhir, G. (2017). Takaful insurance industry: Reality, challenges and prospects. Journal of Advanced Economic Research, (3), 93–106.

Lekrib, K., & Kadem, F. (2021). Challenges facing Algeria’s takaful insurance industry. Journal of Economics and Development, 9(1), 16–26

Mhamed, A. T., & Kotfi, Y. (2020). Takaful insurance in Algeria: Prospects and challenges – The experience of Salama Insurance Company. Journal of Contemporary Economic Research, (2), 154–168

Rima, R. (2022). Takaful insurance in Algeria between AAOIFI’s Sharia standards and legal controls. Journal of Research in Contracts and Business Law, 7(7), 30–43.

Shakhar, N. (2014). Challenges of the takaful insurance industry in Algeria. Journal of Economics and Human Development, 3(1), 77–87.

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Published

06-06-2026

How to Cite

Ben Ayad, D., & Lakhdar, B. (2026). Takaful insurance in Algeria (reality and challenges). The International Tax Journal, 53(3), 1493–1499. Retrieved from https://internationaltaxjournal.online/index.php/itj/article/view/659

Issue

Section

Online Access