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

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...

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Autores principales: EL MALLOULI AMAL, SASSI HASSAN
Formato: article
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FR
Publicado: Université Mohammed V de Rabat 2020
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Acceso en línea:https://doi.org/10.48376/IMIST.PRSM/remarem-v12i2.22131
https://doaj.org/article/6f59e38f99754ba69a7303ca2841f94d
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spelling oai:doaj.org-article:6f59e38f99754ba69a7303ca2841f94d2021-11-22T11:36:59ZTHE EXPERIENCE OF PARTICIPATIVE BANKS DEVELOPMENT IN MOROCCO: ACQUIRED LESSONS AND CURRENT STATEhttps://doi.org/10.48376/IMIST.PRSM/remarem-v12i2.221312028-51752458-665Xhttps://doaj.org/article/6f59e38f99754ba69a7303ca2841f94d2020-12-01T00:00:00Zhttps://revues.imist.ma/index.php/REMAREM/article/view/22131/11897https://doaj.org/toc/2028-5175https://doaj.org/toc/2458-665XToday, 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 the evolution of participative banking landscape from the introduction of this new financial industry in 2017 to 2019. The paper starts with presenting a historical overview of the first steps of Islamic finance in Morocco. Then, it sheds light on the first experience of launching Islamic banking products and the constraints that have hindered their development. Secondly, the paper presents the new successful start of Islamic finance in Morocco, which is reflected by the effective launch of participative banks and windows. At the end, the paper presents and analyzes the evolution of participative banking landscape in Morocco, based on statistical data from reports published by the central bank of the country (Bank Al-Maghrib)EL MALLOULI AMALSASSI HASSANUniversité Mohammed V de Rabatarticleparticipative banks; islamic finance; alternative products; participative banking landscapeManagement. Industrial managementHD28-70Marketing. Distribution of productsHF5410-5417.5ENFRRevue Marocaine de Recherche en Management et Marketing, Vol 12, Iss 2, Pp 1-23 (2020)
institution DOAJ
collection DOAJ
language EN
FR
topic participative banks; islamic finance; alternative products; participative banking landscape
Management. Industrial management
HD28-70
Marketing. Distribution of products
HF5410-5417.5
spellingShingle participative banks; islamic finance; alternative products; participative banking landscape
Management. Industrial management
HD28-70
Marketing. Distribution of products
HF5410-5417.5
EL MALLOULI AMAL
SASSI HASSAN
THE EXPERIENCE OF PARTICIPATIVE BANKS DEVELOPMENT IN MOROCCO: ACQUIRED LESSONS AND CURRENT STATE
description 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 the evolution of participative banking landscape from the introduction of this new financial industry in 2017 to 2019. The paper starts with presenting a historical overview of the first steps of Islamic finance in Morocco. Then, it sheds light on the first experience of launching Islamic banking products and the constraints that have hindered their development. Secondly, the paper presents the new successful start of Islamic finance in Morocco, which is reflected by the effective launch of participative banks and windows. At the end, the paper presents and analyzes the evolution of participative banking landscape in Morocco, based on statistical data from reports published by the central bank of the country (Bank Al-Maghrib)
format article
author EL MALLOULI AMAL
SASSI HASSAN
author_facet EL MALLOULI AMAL
SASSI HASSAN
author_sort EL MALLOULI AMAL
title THE EXPERIENCE OF PARTICIPATIVE BANKS DEVELOPMENT IN MOROCCO: ACQUIRED LESSONS AND CURRENT STATE
title_short THE EXPERIENCE OF PARTICIPATIVE BANKS DEVELOPMENT IN MOROCCO: ACQUIRED LESSONS AND CURRENT STATE
title_full THE EXPERIENCE OF PARTICIPATIVE BANKS DEVELOPMENT IN MOROCCO: ACQUIRED LESSONS AND CURRENT STATE
title_fullStr THE EXPERIENCE OF PARTICIPATIVE BANKS DEVELOPMENT IN MOROCCO: ACQUIRED LESSONS AND CURRENT STATE
title_full_unstemmed THE EXPERIENCE OF PARTICIPATIVE BANKS DEVELOPMENT IN MOROCCO: ACQUIRED LESSONS AND CURRENT STATE
title_sort experience of participative banks development in morocco: acquired lessons and current state
publisher Université Mohammed V de Rabat
publishDate 2020
url https://doi.org/10.48376/IMIST.PRSM/remarem-v12i2.22131
https://doaj.org/article/6f59e38f99754ba69a7303ca2841f94d
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