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