Friday, 03 July 2015

Subscribe Unsubscribe

Tunisia: Standard & Poor's encourages Islamic finance

In a report on Islamic finance in North Africa, the rating agency Standard & Poor's (S & P), highlights improvements of the prospects of Islamic finance in countries of North Africa, provided that regulators, policymakers and banks, create a climate of trust.

According to S & P, the development of Islamic banking in Egypt, Morocco and Tunisia could alleviate financing constraints facing these economies.

Experts from the rating agency does not expect, however, "significant development for two to three years at least."

It is important to remember that Islamic finance currently represents only 5% of banking assets in North Africa.


News
3-07-2015 | Tunisia: 30-dinar departure tax for non-residents cancelled

3-07-2015 |Tunisia: decline in number of tourists staying in Sousse hotels

3-07-2015 | Tunisia: 1 million overnight stays of French and Polish markets cancelled (FTAV)

3-07-2015 |Tunisia: worsening of energy deficit

3-07-2015 | Tunisia: Sotuver increases capital

3-07-2015 |Tunisia: mobilization of over 19,000 security personnel in tourist areas