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Halal Fintech in Algeria: Sharia-Compliant Products in a 99% Muslim Market

Halal Fintech in Algeria: Sharia-Compliant Products in a 99% Muslim Market

ALGERIATECH Editorial
February 1, 2026

Algeria's financial sector has a paradox at its core. The country is 99% Muslim, with a substantial proportion of the population holding religious convictions that prohibit riba โ€” the charging or payment of interest.

11 Mobile Banks, One Winner: Algeriaโ€™s Neobank Race Is On

11 Mobile Banks, One Winner: Algeria’s Neobank Race Is On

ALGERIATECH Editorial
January 27, 2026

When Regulation 24-64 was signed on October 13, 2024, it did not just create a legal framework for digital banks in Algeria โ€” it started a race. More than eleven companies reportedly expressed interest in or initiated applications for digital banking licenses within the first

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