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Morocco: Praise for Islamic Finance

Categories: Middle East & North Africa, Morocco, Economics & Business, Religion

In a recent blog post, Paris-based Moroccan blogger Larbi [1] (Fr) takes a closer look at Islamic finance. He writes [2]: “While global finance has collapsed and the world was plunged into a financial crisis like no other, a little village still resists to this wave. It is called: “Islamic Finance”. Crisis? Do not Know! Consider that in 2008, the assets of the 100 largest Islamic banks have increased by over 66% reaching a figure of $580 billion.”