Financial Innovation and modern models to activate the rolr of Waqf in Algerian economy -international experiences-

Abstract

This research aims to highlight the role of financial innovation models in activating and developing the waqf in Algerian economy, by addressing the most modern innovative and international experiences, this study is also designed to proposing mechanisms and means of enabling the role in the economy in Algeria to achieve the desired development, construction the lessons learned from the leading international experiences and apron study.

The study concluded that modern innovation models have contributed significantly to the activation of the role of Waqf in the economy, whether in its financing or investment side of Malaysia and Kuwait, and therefore the experience of Waqf innovations can be circulated in the rest of the Islamic countries, also its concluded that the reality of the waqf sector in Algeria is still witnessing a large exceptional, resulting in a decline in the desired role in the economy.