نحو صكوك إسلامية حكومية مبتكرة لبنك الجزائر لإدارة السياسة النقدية

Abstract EN

This research reviews one of the applications of financial engineering and its use in designing and innovation an islamic government sukuk – as an alternative to traditional financial instruments- that allows the Bank of Algeria "BOA" to use it as an instrument in open market operations to control inflation within the framework of monetary policy management.

After completing the applied side, the research revealed many results, and through which results were put the recommendations that serve the BOA, and help her in liquidity management using the proposed types of government sukuk (Sukuk Musharaka of BOA, Sukuk Ijara of BOA, Sukuk Salam of BOA) within the framework of the open market policy applied in the Algerian money market, and the gradual transformation of this market from a traditional market to a market that operates according to the provisions of Islamic Sharia.