Islamic Finance in Tunisia: achievements despite a legislative framework that tramples
HISTORICAL OVERVIEW : Let us first recall that Islamic Finance is a global concept that covers financial activities that respect the principles of Shariah and that generally extends to the areas of banks, microfinance institutions, leasing companies (Ijara), insurance companies (Takaful), Islamic Sukuk and Islamic investment funds. In the case […]
Progress and Impacts of Microfinance Regulation in Tunisia
In Tunisia, the microfinance sector has experienced a real boom. Indeed, according to the Barometer of the Microfinance Control Authority (ACM) of June 2019, supervisory body of the Microfinance sector in Tunisia, there are 9 accredited Microfinance Institutions (MFIs), including 7 MFIs in the form of a limited company (SA) […]