IFSB lauds Morocco’s Sharia-compliant finance
Morocco’s regulatory progress and strategic efforts to integrate Sharia-compliant finance into its broader economic framework have positioned the country as a rising hub in the Islamic finance industry, according to the Secretary-General of the Islamic Financial Services Board (IFSB).
Speaking to Morocco’s official news agency MAP on the sidelines of the 23rd Islamic Financial Stability Forum, held recently in Rabat, Ghiath Shabsigh commended Bank Al-Maghrib’s role in advancing regulatory development and promoting dialogue on Sharia compliance.
Terming the efforts as part of a broader strategy led by Bank Al-Maghrib to foster a robust and sustainable financial system, Shabsigh lauded the regulatory strides taken by Morocco and appreciated the structured dialogue on Sharia compliance.
Free, in under 30 seconds
Join thousands of professionals reading Salaam Gateway — the Global Islamic Economy Gateway.
Already a member? Sign in
- 5 free articles every month
- Weekly Islamic-economy newsletter
- Save articles to read later
Muhammad Ali Bandial