Rabat - Unlike earlier reports suggesting that Morocco’s first fully “Halal” bank is set to open its doors late 2015, Abdul Latif Aljwahiri, the governor of Bank-Al-Maghrib announced that Morocco is set to start issuing Islamic bank licenses in 2016.Abdul Latif Aljwahiri made the statement during a conference in Kuwait on Thursday, according to Business Asiaone.

Islamic banking
Aziz Allilou is a student at the Higher Institute of Media and Communications (ISIC) and Morocco World News correspondent in Rabat.