Government support mechanisms and their role in financing small and emerging enterprises in Algeria

Authors

  • BECHIKR Abed

Keywords:

Small Enterprises, Finance, Capital, Musharaka, Mudaraba.

Abstract

Interest in small enterprises is increasing in the economies of countries, due to the role they have become and the strategic position they occupy in light of regional and international transformations, and the problem of financing small enterprises, along with the problem of growth, is one of the most important difficulties they face, so the most important aspect of financing is this aspect in which it is noted that the verses and financing formulas available to small and medium enterprises are inadequate, which calls for the need to work on introducing new formulas for financing, as well as Benefiting from the experiences of developed countries in this field, in addition to taking care and working to upgrade the alternatives available locally and that suffer from deficiencies and incompatibility with the distinctive financing needs of this type of institutions, and highlighting alternatives through which future prospects can be foreseen to advance the field of financing small and medium enterprises in the world in general and Algeria in particular.

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References

- Mohamed Larbi Saker, Lectures on Financing Economic Development, University of Mohamed Khider, Biskra, Algeria, 2006, p. 14.

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- Haitham Sahib Ajam, The Theory of Finance, Dar Zahran for Publishing and Distribution, Amman, Jordan, 2001, pp. 31, 32.

- Mohamed Abdel Halim A. M. Financingthrough the official funding: channels, the training program on "Project Finance " Small and Medium Enterprises and the Development of their Role in the Maghreb Economies", University of Sétif, 25-28 May 2003.

- Awatef Mohsen, Master's thesis entitled The Problem of Bank Financing for Small and Medium Enterprises in Algeria, Kasdi Merbah University of Ouargla, 2008, p. 86.

- Hafeef Fawzia, The Problem of Financing Small and Medium Enterprises - The Case of Algeria, Master's Thesis, Faculty of Economic Sciences and Management, Saad Dahleb University, Blida, Algeria, 2009., p. 80.

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- Rabeh Khouni, Roqaya Hassani, Small and Medium Enterprises and their Financing Problems, Itrak for Printing, Publishing and Distribution, Egypt, First Edition 2008. p. 52.

- Tadhamon Islamic Bank, Islamic Finance for Service and Commercial Activity, Formulas of Development Finance in Islam, Islamic Research and Training Institute, Kingdom of Saudi Arabia, 1989, pp. 144, 145.

- Rahim Hussainen Soltani Muhammad Rushdi, Models of Islamic Finance for Small and Medium Enterprises: Mudaraba Salam and Istisna'a, International Forum on Financing Policies and their Impact on Economies and Institutions, 21-22 November 2006, p. 13.

- Duraid Kamel Al Shabib, "Financial Management of Advanced Companies", Arabic Edition, Dar Al-Yazuri Scientific Publishing and Distribution, Jordan, Amman, 2010, p. 49.

- Ahmed Chehit, Guide de l'investissement et de l'investisseur, Grand Alger livres, Alger, 2004.

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Published

2023-06-30

How to Cite

Abed, B. . (2023). Government support mechanisms and their role in financing small and emerging enterprises in Algeria. The Journal of Contemporary Issues in Business and Government, 29(2), 30–38. Retrieved from https://cibgp.com/au/index.php/1323-6903/article/view/2538

Issue

Vol. 29 No. 2 (2023): The journal of contemporary issues in business and government

Section

Articles

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