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ISLAMIC FINANCE

December 19, 2021

AD Ports Group and Aqaba Development CorporationSign Multiple Agreements for Development of Tourism, Transport, Logistics and Digital Infrastructure

AD Ports Group, a leading facilitator of trade and logistics, has strengthened its regional footprint by signing a number of four strategic agreements and a Head of Terms Agreement (HoT) with the Aqaba Development Corporation that"...

November 7, 2021

Rabat Designated Islamic World’s Cultural Capital for 2022-Morocco

The Islamic World Educational, Scientific, and Cultural Organization (ISESCO) has named Rabat as the Islamic world’s cultural capital for 2022 in recognition of the city’s effective implementation of an urban and cultural development program launched in 2015.

ISESCO’s"...

November 2, 2021

Islamic Financing on the Rise in Morocco

Rabat - Participative or Islamic banking is a growing sub-sector within the Moroccan banking system, according to recent data compiled by Bank Al-Maghrib, Morocco’s central bank.

Islamic"...

December 17, 2020

Morocco’s King Mohammed VI Ranks as World’s 6th Most Influential Muslim

Rabat – The 2021 “Muslim 500” ranking of the world’s most influential Muslims has ranked Morocco’s King Mohammed VI as the sixth most influential Muslim globally. Every year the Royal Islamic Strategic Studies Centre in Amman, Jordan publishes its list of the"...

October 11, 2020

Arab Monetary Fund: Morocco’s Islamic Banking is ‘Perfect and Distinguished’

Rabat – The Arab Monetary Fund (AMF) has described Morocco’s Islamic banking experience as “perfect and distinguished,” pointing to authorities’ efforts to accommodate the sector.

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