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COMMENTARY
                                                                               REPORT


                                  Islamic Finance To Expand Slowly But
Primary Credit Analysts:
Mohamed Damak
                                  Surely In The Maghreb
Paris
(33) 1-4420-7322
mohamed_damak@
standardandpoors.com              For many years Islamic finance was virtually unheard of in the Maghreb. And while
Secondary Credit Analyst:         ShariA-compliant financial services remained only marginal, no clearly identifiable demand
Anouar Hassoune
                                  for such products was manifest. Today, the evolution of North Africa’s financial landscape
Paris
(33) 1-4420-7318                  is paving the way for the gradual emergence of Islamic finance in the region.
anouar_hassoune@
                                     The currently only limited presence of Islamic finance in th
Islamic Finance in The Maghreb
Islamic Finance in The Maghreb
Islamic Finance in The Maghreb
Islamic Finance in The Maghreb
Islamic Finance in The Maghreb
Islamic Finance in The Maghreb

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Islamic Finance in The Maghreb

  • 1. COMMENTARY REPORT Islamic Finance To Expand Slowly But Primary Credit Analysts: Mohamed Damak Surely In The Maghreb Paris (33) 1-4420-7322 mohamed_damak@ standardandpoors.com For many years Islamic finance was virtually unheard of in the Maghreb. And while Secondary Credit Analyst: ShariA-compliant financial services remained only marginal, no clearly identifiable demand Anouar Hassoune for such products was manifest. Today, the evolution of North Africa’s financial landscape Paris (33) 1-4420-7318 is paving the way for the gradual emergence of Islamic finance in the region. anouar_hassoune@ The currently only limited presence of Islamic finance in th