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FINANCIAL NEWS
Tunisia’s current Sharia-compliant assets total to USD 1.4 billion
17 Jun 2013
(MENAFN) General director of debt management and financial cooperation at the Tunisian Finance Ministry, Chaker Soltani, said that the country’s current Sharia-compliant assets totals to USD 1.4 billion, and has the potential of growing up to USD5 billion in five years, reported The Daily Star.
Soltani added that if the country issues necessary decrees, educates people and investors were found, finance industry could account for 25-40 percent share of the country’s financial sector.
It is worth mentioning that following the Tunisian revolution back in 2011, Islamic finance came back to light in the country after being shadowed under the ruling of the toppled ex-government.
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BBK strengthens commitment to sports development through strategic partnership with Bahrain Basketball Association
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