
Launch of the Islamic Sovereign Sukuk Subscription
To finance the public treasury and stimulate the market.
Banks, financial services, lending, and fintech developments

To finance the public treasury and stimulate the market.

The public treasury announced today, Monday in a statement, the official launch of the subscription process for the sovereign sukuk 'Ijara - Right of Use', starting from tomorrow, Tuesday, emphasizing that this process is part of a vision aimed at diversifying the state's funding sources and mobilizing national savings.

The African Import-Export Bank (Afreximbank) has obtained ISO 31000:2018 certification related to risk management.

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Algeria - The Local Development Bank launched a new loan today, Sunday, aimed at subscribers of the 'Aadl 3' rental sale housing program, allowing them to finance their personal contribution.

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The takaful insurance activity recorded growth of over 70% in 2025, less than three years after its

The Takaful insurance activity witnessed a growth exceeding 70% during the year 2025, less than three years after its launch, according to the CEO of 'Alger Takaful', Mahfoud Bouziane, highlighting the promising prospects of this activity in the national financial market. Bouziane explained in a statement to 'APS' that the Takaful insurance activity in Algeria, both general and family types, despite its novelty, 'has achieved real accomplishments and significant steps in terms of growth and spread, alongside the increasing demand from operators, whether institutions or individuals,' noting that it 'recorded positive indicators and a growth rate exceeding 70% during the year 2025, both in terms of subscription volume and the number of subscribers which has doubled by more than ...

The takaful insurance activity witnessed a growth exceeding 70% during the year 2025, less than three years after its launch.

Algeria - The takaful insurance activity witnessed growth exceeding 70% during the year 2025, less than three years after its launch, according to the CEO of 'الجزاير تكافل', Mahfoud Zian Bouzian, who highlighted the promising prospects of this activity in the national financial market.

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Economy Dz aliqtissad dz Algeria economy news