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Tunisian government to level the playing field for Islamic finance

Posted on 02 May 2012

Islamic finance in Tunisia is only a recent trend, and one that is still working through the hurdles to meet the competition in the domestic banking sector.
In 2009, the Islamic Bank of Zitouna was established by Mohamed Sakher El Materi – a Tunisian business magnate at the time, and the thirty-year-old son-in-law of former President Zine el-Abidine Ben Ali. Mention El Materi’s name, and most Tunisians will wince with distaste at the memory of the Ben Ali-era corruption and the excesses of which he was so intimately a part of………………………………………..Full Article: Source

 
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Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


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