June 3, 2022
Rabat - Two Qatari financial institutions and an international insurance company joined forces with Moroccan banking group CIH to create an Islamic financing insurance provider, known as Takaful insurance.
A press"...
May 19, 2022
Rabat - Societe Centrale de Reassurance (SCR) has acquired the necessary authorization from Morocco’s Insurance and Social Security Supervisory Authority (ACAPS) to launch “Retakaful” reinsurance services, an insurance institution part of the Islamic banking system.
...
April 19, 2022
Rabat - The Islamic World Educational, Scientific and Cultural Organization (ICESCO) reaffirmed today its commitment to preserving, valuing, and promoting the Islamic world's heritage sites.
The announcement,"...
April 5, 2022
March 7, 2022
Rabat - Islamic financing for housing in Morocco showed positive growth signs at the end of January 2022, settling at MAD 16.1 billion ($1.6 billion), a 39.6% increase from the MAD 11.6 billion ($1.1 billion) recorded in January 2021.
With"...
February 24, 2022
Rabat - Morocco’s reinsurance company Societe Centrale de Reassurance (SCR), a subsidiary of the state-owned investment group Caisse de Depot et de Gestion (CDG), has announced its plan to launch a new insurance venture in Morocco.
Conforming"...
February 14, 2022
Rabat - Moroccan insurance and finance group Holmarcom has launched Takafulia Assurance, the first Islamic insurance company in Morocco.
After acquiring a license from Morocco’s insurance watchdog, the Insurance"...
December 19, 2021
AD Ports Group, a leading facilitator of trade and logistics, has strengthened its regional footprint by signing a number of four strategic agreements and a Head of Terms Agreement (HoT) with the Aqaba Development Corporation that"...
November 7, 2021
The Islamic World Educational, Scientific, and Cultural Organization (ISESCO) has named Rabat as the Islamic world’s cultural capital for 2022 in recognition of the city’s effective implementation of an urban and cultural development program launched in 2015.
ISESCO’s"...
November 2, 2021
Rabat - Participative or Islamic banking is a growing sub-sector within the Moroccan banking system, according to recent data compiled by Bank Al-Maghrib, Morocco’s central bank.
Islamic"...
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