The Role of Islamic Banks in Encouraging the Consumption of Local Products through Consumer Finance-Al Salam Bank as a Model-

Abstract

The local product is the mainstay of the economy. Under market acquisition policy through the introduction of competitive products and consumer polarization mechanisms. The domestic product needs support to be competitive in internal and external markets. As the focus of the production and marketing process, Islamic banks sought to encourage it through consumer finance. The Salam Bank of Algeria adopts an instalment sale formula to achieve this through specific goods: namely cars, electrical appliances and motorcycles.