Assessing the readiness of traditional Algerian banks to convert to Islamic banking –A case study of Tiaret-

Abstract

Increasing competition between conventional banks and Islamic banks in the Islamic and Western worlds, and the superiority of the latter, which made the traditional ones move towards providing services that comply with the provisions of Islamic Sharia. Its banking system, and it has made many modifications to it, was one of the imperatives dictated by the changes in the banking arena to keep pace with the developments of the banking industry, is the transition to Islamic banking activity, and this is evidenced by the Official Gazette No. 73 of the year 2018, which stipulated the transformation of banking to Islamic banking.

 Therefore, this study aims to clarify everything related to the transition from traditional banking to Islamic, in addition to highlighting the readiness of Algerian traditional banksto transform into Islamic banks.