Determinants Of The Success Of Islamic Finance Of Agricultural Entrepreneurship Projects In Algeria

Abstract

This work aims to identify key variables that determine the success of Islamic finance of the agricultural entrepreneurship projects in Algeria. The adopted approach in the study is the prospective structural analysis using MICMAC method. After listing the data (internal and external variables) that characterize the system under study, filling in the matrix of direct influences as well analyzing the potential indirect plan, we can identify the key variables. These key variables are developing laws and legislations on some Islamic financing modes, political will, the role of the Central Bank, internal procedure for granting credit, integrity and accountability, efficiency and professionalism, confidence and clarity. We can add other regulatory variables such as the role of the Masjids, effective independent monitoring of compliance with Shari'a, preservation of capital, and the compulsory reserve.