Moroccan banks Banque Centrale Populaire (BCP) and Banque Marocaine du Commerce Extérieur (BCME) have both revealed plans to create units offering Shariah-compliant financial services. This launch comes in anticipation of the adoption of a new law allowing the practice of Shariah banks in Morocco. The legislative framework was prepared by the Central Bank, the Bank Al-Maghrib, […]
Two of Morocco’s biggest banks, BMCE and BCP are preparing to launch Islamic subsidiaries as the Moroccan parliament discusses a bill regulating Shariah-compliant banks and sukuk issues. Parliament’s approval will be the last step before fully-fledged Shariah-compliant banks can be established in Morocco, whether they are subsidiaries of domestic banks or foreign owned, a measure which could attract more […]
women’s rights in Morocco3 Feminist Outspoken Minister Skalli explains Moroccan Women Rights developments. new Civil Law enacted in Morocco improved women positions within the family. a large improvement in the areas of divorce, alimony, education and minimum age of marriage for young women. The situation of women in Polisario camps, guerrilla group for an independent […]
http://tinyurl.com/3vvkyc 2 July 2008 RABAT – After years of watching from the sidelines, North Africa has begun to embrace Islamic finance as banking develops and governments try to channel more Arab Gulf petrodollars into an investment-starved region. But growth could be far slower than in the Middle East given resistance […]
Categories
Archives
