A new report studying Morocco’s Islamic finance potential estimates Islamic banking assets in the kingdom could reach between 3% and 5% of total banking assets by 2018, based on almost 80% of the population expressing interest in Islamic banking services. But while interest is very high, authorities and market players say the public’s knowledge of Islamic financial products and services is very low. For Islamic banking in Morocco to succeed, knowledge and awareness of Islamic finance is a key requirement for highlighting the Islamic finance proposition.
Posted on: Thu, 24 Apr 2014 16:00:14 +0000
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