The emergence of Shariah-compliant Finance in Tunisia is hardly surprising given the emergence of the Muslim Brotherhood and Salafist factions in the wake of the so-called “Arab spring.”
According to Reuters, Shariah-compliant finance could gain as much as a 40% marketshare in Tunisia.
A poll in Tunisia indicates that 54% of respondents would switch their money to Shariah-compliant institutions.
Note that if this report linked below reads like an advertorial, there is a reason. It’s from Reuters. Reuters’ parent, Thomson Reuters provides a variety of information services to the Shariah Finance industry…