First Independent Mena Newspaper
Morocco’s central bank will start very soon granting permits to Islamic banks due to start operations in the North African Kingdom in 2017. So far several applications have been submitted to the Moroccan financial authorities for approval to open local branches. Among the applicants, two are from the Gulf region bidding to set up their […]
The Moroccan government took the first steps towards the adoption of a draft law on the establishment of Islamic banking in the country. This comes as a result of the cabinet’s plan to attract certain segments of foreign direct investment. In the opinion of the budget committee represented by minister-delegate Driss Azami, Morocco can significantly […]