BDL Offers 50% Discount on islamic consumer loans for Ramadan

21/02/2026

 The Banque of Local Development  (BDL) announced a special 50% discount on profit margins for Islamic consumer loans during Ramadan.

Key points:

  • Loan type: Mourabaha Consommation (Islamic finance)

  • Profit margin reduced from 8.5% to 4.25%

  • Loan amounts: 50,000 DA to 1,000,000 DA

  • Covers up to 100% of the product value

  • Flexible repayment: 3 to 36 months

  • Eligible purchases: household appliances, electronics, IT equipment, and other home essentials

  • Purpose: help citizens finance Ramadan needs on affordable, transparent, and flexible terms

BDL highlights that Mourabaha Consommation is fully compliant with Islamic finance principles, focusing on clarity, fairness, and accessibility.

21/02/2026
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