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Morocco to promote Islamic finance

Posted on 18 January 2012

The issue of Islamic finance has taken centre stage in Morocco after the Justice and Development Party’s (PJD) electoral triumph. Supporters of sharia-compliant banking pin hopes on the new government to create the first Islamic bank in the kingdom.
The PJD has talked of promoting Islamic finance on a number of occasions. Just a few days after his appointment as prime minister, Abdelilah Benkirane received a visit from Sheikh Khalid Bin Thani Al Thani, president of the Qatar International Islamic Bank (QIIB), who set out plans for establishing an Islamic investment bank and insurance company in Morocco………………………………………..Full Article: Source

 
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