Outlook and Strategy for Islamic Finance’s development in North Africa

Islamic Finance is one of the most developing industries today, with a compound annual growth rate estimated at 50 to 20 % per annum between 2006 and 2010 and several countries competing for the “gold medal” to become the ultimate Islamic Finance hub. This situation does not seem to apply for North African countries, where Islamic Finance is still lagging behind other Muslim countries in the GCC or South East Asia, or even behind non Muslim countries such as the United Kingdom… (to discuss this publication, please contact Dr. Walid Ghannouchi)

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