Contribution of islamic instruments to support the performance of portfolio in Algeria

Other Title(s)

Contribution des instruments islamiques pour soutenir la performance du portefeuille en Algérie

Joint Authors

Tubni, Nisrin
Kishrud, Bashir

Source

Review of Finance and Markets Revue Finance et Marchés

Issue

Vol. 9, Issue 1 (31 Mar. 2022), pp.55-71, 17 p.

Publisher

University of Abdelhamid Ibn Badis Mostaganem Faculty of Economics Commerce and Management Sciences Dynamic Macro-Economic and Structural Change Laboratory

Publication Date

2022-03-31

Country of Publication

Algeria

No. of Pages

17

Main Subjects

Economics & Business Administration (Multidisciplinary)

Topics

Abstract EN

The study aims to determine the effect of compensating the government bonds by Islamic government sukuk on the total return of the portfolio of the Algerian investor.

The study reviewed the types of shares traded in the Algerian financial market, through which two financial portfolios were formed, one of which includes government bonds and the other which includes government instruments.

The most important finding was that Islamic sukuk yield returns that could offset interest rates on bonds that many investors avoid for legitimate reasons.

These results have prompted us to urge the relevant actors to seek to provide a legal system for the issuance and circulation of Islamic instruments, which would benefit the various actors involved.

Abstract FRE

L'étude vise à déterminer l'effet de la compensation des obligations d'État par les sukuk du gouvernement islamique sur le rendement total du portefeuille de l'investisseur algérien.

L'étude a passé en revue les types d'actions négociées sur le marché financier algérien, à travers lesquels deux portefeuilles financiers ont été constitués, l'un comprenant des obligations d'État et l'autre des instruments publics.

La conclusion la plus importante était que les sukuk islamiques produisent des rendements qui pourraient compenser les taux d'intérêt sur les obligations que de nombreux investisseurs évitent pour des raisons légitimes.

Ces résultats nous ont incités à exhorter les acteurs concernés à chercher à fournir un système juridique pour l'émission et la circulation des instruments islamiques, qui profiterait aux différents acteurs impliqués.

American Psychological Association (APA)

Tubni, Nisrin& Kishrud, Bashir. 2022. Contribution of islamic instruments to support the performance of portfolio in Algeria. Review of Finance and Markets Revue Finance et Marchés،Vol. 9, no. 1, pp.55-71.
https://search.emarefa.net/detail/BIM-1384972

Modern Language Association (MLA)

Tubni, Nisrin& Kishrud, Bashir. Contribution of islamic instruments to support the performance of portfolio in Algeria. Review of Finance and Markets Revue Finance et Marchés Vol. 9, no. 1 (Mar. 2022), pp.55-71.
https://search.emarefa.net/detail/BIM-1384972

American Medical Association (AMA)

Tubni, Nisrin& Kishrud, Bashir. Contribution of islamic instruments to support the performance of portfolio in Algeria. Review of Finance and Markets Revue Finance et Marchés. 2022. Vol. 9, no. 1, pp.55-71.
https://search.emarefa.net/detail/BIM-1384972

Data Type

Journal Articles

Language

English

Notes

-

Record ID

BIM-1384972