| The bank stopped marketing its Islamic products because of technical problems earlier this year but plans to return to the Shariah-compliant market in early 2012.
According to the latest statistics from Bank Al-Maghrib, Islamic financing totalled MAD 744 million ($89.3 million) at the end of July, down 15 per cent since the beginning of the year. La Vie Eco quotes Laidi El Wardi, Deputy General Manager of Banque Centrale Populaire (BCP) as saying the bank’s move to suspend marketing Shari’ah-compliant products, "...is in response to technical problems at the marketing of our solutions."..............................................Full Article: Source
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