For these reasons, 'halal' products will be cheaper in banks within 60 days!

Sofiane Mezari to 'Echorouk': Islamic banking is growing by 20% annually, with individuals and small businesses at the forefront, and youth loans on the table of 'NESDA'. The growth of Islamic banking in Algeria has reached about 20% annually, capturing between 6% and 7% of the national banking market, with expectations of its share rising to 8% very soon. As the new measures of the 2027 finance law are expected to come into effect, the tax disparities between Islamic and traditional financing will be eliminated by subjecting them to the same fees and costs, meaning their price will be lower within sixty days, ensuring customers the freedom to choose between the two forms without incurring additional burdens due to the nature of the financing.