Date: 16th March 2020
Venue: Casablanca, Morocco
Speakers: 40 Speakers
Last Visit to Casablanca
Date: 2nd April 2019
Venue: Sheraton Casablanca Hotel & Towers, Casablanca
Speakers: 20 Speakers
The participation finance (Islamic finance) industry is poised for growth in Morocco. Initiated back in 2014 with the vote of the participation finance bill, the development of an exhaustive regulatory framework aiming to accommodate all aspects of participation finance in Morocco reached a whole new level in 2017 when the eight banks that were granted licenses in January were finally allowed – seven months later – to offer Shariah compliant products.
By developing a full set of regulations accommodating all aspects of the participation finance industry, the Kingdom has come a long way where participation finance is concerned. For participation banks, the top priority is certainly the introduction of Takaful but some market players have mentioned the need for an Islamic asset management industry while others are calling for the Casablanca Stock Exchange to be equipped with an Islamic equity index.
IFN Forum Morocco was a timely opportunity for the main participative finance actors to share with the public the latest developments of the industry.
The IFN event gathered the participative finance professionals and updated them through very useful interactions on different subjects.
IFN Forum Morocco 2017 was a successful event that gathered the main local players and some prominent international experts to discuss the perspectives and to give an insight about the challenges facing the Islamic finance industry locally and globally. It is always interesting to be part of the IFN events for their punctuality and networking opportunities.
In my view, the event was just a success story: it was well-organized and well-enriched with a special focus on the hot topics/issues. So, I would like to extend my wholehearted congratulations and appreciation to the event organizer and the whole working team.