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Signing of a BNA / DGSN Convention

8 April 2024

A framework agreement has been concluded between the National Bank of Algeria (BNA) and the General Directorate of National Security (DGSN). Defining the terms of access to Islamic financing, this agreement will allow workers and retirees of the General Directorate of National Security to apply for the different types of Islamic financing proposed by the Bank, under preferential conditions.

These include, in particular, the products Mourabaha Real Estate, Ijara Akaria Mountahia Bitamlik (Lease-to-own), Mourabaha Equipment, and Mourabaha Vehicle.

Through this action, the BNA confirms its willingness to remain a major player in the Islamic Finance activity by proposing a financing offer covering a wide range of needs.