استخدامات الهندسة المالية الإسلامية في تمويل القطاع العقاري: دراسة مقارنة بين نظام الأوراق المالية المدعم برهونات عقارية MPTS والصكوك الإسلامية

Abstract EN

This study aims to conduct an interview between the most important Islamic and traditional financial engineering products in financing the real estate sector, by choosing the mortgage-backed securities system representing the traditional economy and Sukuk instruments representing the Islamic economy.

the study also aims to highlight the most important financial instruments products that finance the real estate sector, derived from the well-known contracts by using reverse engineering, and we can call them named financial instruments and some of them were newly invented, such as housing certificates adopted by turkey, and it was the first to issue Sukuk instruments in that form according to sharia controls, which reflects the spirit of Islamic financial engineering.

among the most important results that have been reached is that the most important characteristic of Islamic financial engineering products is strategic planning related to reality in both their innovation and development and their use, such as the Turkish experience in housing certificates that started from a realistic problem "housing crisis".

the researcher recommends the necessity of implementing Islamic products in Algeria, as is the case with the implementation of traditional products.