Morocco To Have First Full Islamic Banking Institution By October | Bernama

Morocco takes another step in establishing itself as a regional finance hub: Morocco is poised to have its first fully-fledged Islamic banking institution by October this year and is the only North African country rated investment grade seeking to tap the US$1.8 trillion industry. In a statement today, the Finance Accreditation Agency (FAA) said it had the opportunity to work closely with the Moroccan government to introduce a sustainable framework, ...