THE EXPERIENCE OF PARTICIPATIVE BANKS DEVELOPMENT IN MOROCCO: ACQUIRED LESSONS AND CURRENT STATE

AMAL EL MALLOULI & HASSAN SASSI
Today, Islamic banking has become an important part of the global economy. This new form of financial intermediation has gradually emerged as an interesting alternative to the conventional system. Morocco, although it is lagging behind in the integration of Islamic finance in its banking system, it has taken great progressive steps to approach this new banking industry. This paper aims to study the major phases of participative banks development in the country of Morocco, and...
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