Legal Guarantees for Bank Financing Contracts in Algerian Legislation: A Comparative Study between the Traditional and Islamic Systems

This study examines the legal guarantees system for bank financing contracts in Algerian legislation from the perspective of monetary and banking law, with a focus on the role of the Bank of Algeria as a regulatory and supervisory authority. The study is based on the analysis of relevant legal and regulatory texts, particularly Monetary and Banking Law No. 23-09, as well as the regulations and instructions of the Bank of Algeria, including Regulation No. 14-01 on solvency ratios, Regulation No. 25-09 on accounting and valuation rules for Islamic banking operations, and Instructions No. 01 and 02-25 of 2025. The study also provides a comparison between the provisions of guarantees in the conventional banking system and their Islamic counterpart, in light of the regulations issued by the Algerian monetary authority.