Amlak Finance to open in Morocco?

According to a Reuters report,Amlak Finance, the largest UAE mortgage lender by market value, is considering expansion into Morocco, where UAE developers are building projects worth $30 billion in the next five years.

Amlak, which opened a home loan subsidiary in Egypt this year, said in a statement it had held meetings with Morocco's central bank and finance ministry about setting up in the North African country. It did not give further details.

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1 comment:

Anonymous said...

I hope that is HALAL because we have enough of all these RIBA banks
May god help.