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Islamic fund launched to aid smaller Tunisia firms

Posted on 15 February 2013

Tunisia plans to provide Islamic financing to small and medium-sized enterprises (SMEs) via a tie-up between the public and private sectors, which could serve as a model for other Arab states trying to repair their economies after political turmoil.
The Tunis-based Bank of Financing Small and Medium Enterprises (BFPME) has agreed with the Jeddah-based Islamic Corporation for the Development of the Private Sector (ICD), a private investment arm of the Islamic Development Bank, to aid smaller companies in Tunisia………………………………………..Full Article: Source

 
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