Analysis of the Capital Structure of Banks with Islamic Branches in Algeria. The Case Study of Gulf Bank Algeria (AGB)

Aim: This study aims to analyze the impact of Islamic banking services on the capital structure of Gulf Bank Algeria (AGB), the first traditional bank in Algeria to offer Islamic financial products since 2008. Methodology: A multiple linear regression model is applied to examine the relationship b...

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Main Authors: Abderrahmane Bensaad, Selamne Benbaibeche, Yamina Bensaad
Format: Article
Language:English
Published: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu 2025-01-01
Series:Nauki o Finansach
Subjects:
Online Access:https://journals.ue.wroc.pl/fins/article/view/1496
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author Abderrahmane Bensaad
Selamne Benbaibeche
Yamina Bensaad
author_facet Abderrahmane Bensaad
Selamne Benbaibeche
Yamina Bensaad
author_sort Abderrahmane Bensaad
collection DOAJ
description Aim: This study aims to analyze the impact of Islamic banking services on the capital structure of Gulf Bank Algeria (AGB), the first traditional bank in Algeria to offer Islamic financial products since 2008. Methodology: A multiple linear regression model is applied to examine the relationship between Islamic banking windows and key capital structure ratios, including debt-to-equity (DTE) and equity-to-total-assets (ETA). Additionally, the study assesses the influence of profitability metrics (ROA, ROE) and credit risk (CR) on these ratios. Findings: The findings indicate that Islamic windows have a positive impact on the DTE and ETA ratios of AGB. However, no significant relationship is found between profitability indicators (ROA, ROE) or credit risk (CR) and the bank’s capital structure. Implications: The study suggests that Islamic financial products can enhance financial inclusion in Algeria while maintaining manageable risk levels. For instance, murabaha can facilitate credit access for lower-income households, while mudaraba can support SME financing. Further diversification of Islamic financial products is recommended to align with international best practices. Originality/value: This research provides a unique insight into the capital structure of an Algerian bank offering Islamic banking services. Given the limited availability of data in this field, the study contributes valuable empirical evidence to the discourse on Islamic finance and its role in financial inclusion.
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issn 2449-9811
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publishDate 2025-01-01
publisher Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
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spelling doaj-art-fb40ade9be28404eab3e08d1374921722025-08-20T03:07:57ZengWydawnictwo Uniwersytetu Ekonomicznego we WrocławiuNauki o Finansach2449-98112025-01-0129210.15611/fins.2024.2.041497Analysis of the Capital Structure of Banks with Islamic Branches in Algeria. The Case Study of Gulf Bank Algeria (AGB)Abderrahmane Bensaad0https://orcid.org/0009-0008-3220-3925Selamne Benbaibeche1https://orcid.org/0009-0006-0493-5534Yamina Bensaad2https://orcid.org/0009-0000-4970-0225University of Algiers 3University of Algiers 3University of Algiers 3Aim: This study aims to analyze the impact of Islamic banking services on the capital structure of Gulf Bank Algeria (AGB), the first traditional bank in Algeria to offer Islamic financial products since 2008. Methodology: A multiple linear regression model is applied to examine the relationship between Islamic banking windows and key capital structure ratios, including debt-to-equity (DTE) and equity-to-total-assets (ETA). Additionally, the study assesses the influence of profitability metrics (ROA, ROE) and credit risk (CR) on these ratios. Findings: The findings indicate that Islamic windows have a positive impact on the DTE and ETA ratios of AGB. However, no significant relationship is found between profitability indicators (ROA, ROE) or credit risk (CR) and the bank’s capital structure. Implications: The study suggests that Islamic financial products can enhance financial inclusion in Algeria while maintaining manageable risk levels. For instance, murabaha can facilitate credit access for lower-income households, while mudaraba can support SME financing. Further diversification of Islamic financial products is recommended to align with international best practices. Originality/value: This research provides a unique insight into the capital structure of an Algerian bank offering Islamic banking services. Given the limited availability of data in this field, the study contributes valuable empirical evidence to the discourse on Islamic finance and its role in financial inclusion.https://journals.ue.wroc.pl/fins/article/view/1496islamic windowscapital structurereturnriskgulf bank algeria
spellingShingle Abderrahmane Bensaad
Selamne Benbaibeche
Yamina Bensaad
Analysis of the Capital Structure of Banks with Islamic Branches in Algeria. The Case Study of Gulf Bank Algeria (AGB)
Nauki o Finansach
islamic windows
capital structure
return
risk
gulf bank algeria
title Analysis of the Capital Structure of Banks with Islamic Branches in Algeria. The Case Study of Gulf Bank Algeria (AGB)
title_full Analysis of the Capital Structure of Banks with Islamic Branches in Algeria. The Case Study of Gulf Bank Algeria (AGB)
title_fullStr Analysis of the Capital Structure of Banks with Islamic Branches in Algeria. The Case Study of Gulf Bank Algeria (AGB)
title_full_unstemmed Analysis of the Capital Structure of Banks with Islamic Branches in Algeria. The Case Study of Gulf Bank Algeria (AGB)
title_short Analysis of the Capital Structure of Banks with Islamic Branches in Algeria. The Case Study of Gulf Bank Algeria (AGB)
title_sort analysis of the capital structure of banks with islamic branches in algeria the case study of gulf bank algeria agb
topic islamic windows
capital structure
return
risk
gulf bank algeria
url https://journals.ue.wroc.pl/fins/article/view/1496
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AT selamnebenbaibeche analysisofthecapitalstructureofbankswithislamicbranchesinalgeriathecasestudyofgulfbankalgeriaagb
AT yaminabensaad analysisofthecapitalstructureofbankswithislamicbranchesinalgeriathecasestudyofgulfbankalgeriaagb