First Independent Mena Newspaper
Bahrain’s Al Baraka Bank deems that the regulatory framework in Morocco is conducive for the launch of an Islamic finance venture. The Bank’s Chief Executive, Adnan Ahmed Yousif, told Reuters that the Bank targets the expanding Islamic finance in Morocco in effort to diversify assets and revenues in Africa. Morocco is attractive for Islamic banks […]
A research study by Thomson Reuters has concluded that Islamic finance in Tunisia can grow, and claim at least 25% and up to 40% of the financial sector in 5years, if the required policies are implemented. Islamic finance has previously not been popular in the country because it has been neglected by the previous regime. […]