Towards the Launch of 'Innovative' Financial Solutions within the Framework of Islamic Banking

In the context of enhancing institutional cooperation and expanding partnership horizons, the Algerian Post today signed a framework agreement with the External Bank of Algeria 'BEA', embodying the mutual desire of both institutions to build effective and sustainable cooperation based on integration, exchange of experiences, and the development of services that meet citizens' aspirations. This agreement is part of the process of developing Islamic banking, through the adoption of the 'Murabaha' formula, which allows for the exploration and provision of new financial solutions and services that align with the needs of beneficiaries and keep pace with the transformations occurring in the financial and banking sector. Watch the full content on Echourouk Online.