In Morocco, sharia-compliant banking currently is still not emerging within the Moroccan financial sector. Recent estimates expect that Islamic financial assets in Morocco could be generated soon at large scale.
Morocco is preparing the legal framework for Islamic finance products such as the issuance of Islamic bonds (Sukuk) and in order to help financing Morocco's SME it will promote Sukuk, Takaful (Islamic insurance) and halal microcredit.
In the near future, Morocco will have a number of fully operational Islamic banks which serve retail and islamic corporate banking offering halal financing products such as Ijara, Ijara-wa-iqtina, Mudaraba, Murabaha and Musharaka.
MOROCCO ONLINE SHARIA BANK