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Moroccan consumer market ready for Islamic finance

Posted on 11 July 2012

Key findings published from Morocco’s first independent market study, entitled Islamic Finance in Morocco – Sizing the retail market point to a very strong interest from local consumers in Islamic finance products and services. Over 80 per cent of the Kingdom’s consumers indicated their likelihood to take up a Shari’ah-compliant financing upon launch.
The study was independently commissioned and published by IFAAS (Islamic Finance Advisory & Assurance Services). It sets out the market opportunities for financial institutions interested in developing an offering for the Moroccan consumer market. It provides a full analysis of the consumer demand for Islamic retail banking, finance and Takaful and measures the likely consumer response and take-up to such products………………………………………..Full Article: Source

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