دور الادوات المالية الاسلامية في تمويل التنمية الاقتصادية

Abstract

Access to sources of financing for economic development is one of the most important goals that many Islamic countries seek to achieve, including Algeria. The trend towards the alternative offered by the Islamic financial industry through Islamic financial instruments is a legitimate and appropriate solution for these countries to finance and achieve economic development. The success of Islamic financial instruments depends on the diversity and development of the financial markets traded in them, which would activate the effective contribution in financing the development plans of Islamic countries. The purpose of our research is to highlight the possibility of relying on Islamic financial instruments in financing economic development, by addressing Economic development and its concepts in Islam, in addition to the methods and financing formats on which these instruments can be based, with reference to concepts related to Islamic financial instruments, and their economic effects, as we referred to the Sudanese experience as As one of the distinctive experiences in this field, and to study the possibility of benefiting from them in Algeria. It was concluded at the end of this topic that the term development in Islam is not mentioned, but there are many terms and concepts that can be established for the concept of development, the most important of which are architecture, reconstruction, empowerment and others. It was also found that Islamic sources of finance range from periodic sources such as zakat, Kharraj, etc., and non- cyclical sources such as taxes and cash issuance, in addition to other sources that can also contribute to financing economic development such as waqf, charity, grants and others. Diversified Islamic Finance. As for the Sudanese experience, it has been concluded that it is worthy of study, and a serious step by the Sudanese government represented by the Central Bank of Sudan, in order to develop the Islamic financial industry and employ its products for development purposes that have a positive impact on the Sudanese economy as a whole, and Algeria can benefit from this experience, as It faces many problems in mobilizing financial savings and directing them to investments in development projects. Especially in recent years after the collapse of fuel prices. Keywords: economic development; Islamic financial industry; Islamic financial instruments; Islamic financial market.