The Great Mosque of Paris is launching through the Al-Ghazali Institute a short and certifying training course on Islamic finance, thus filling an existing void in France. Entrepreneurs and students can participate.
In the first quarter of 2021, the Bank of England will implement an Islamic deposit facility. The announcement was made on December 2 by Andrew Hauser, Executive Director of Markets, and published on the Bank for International Settlements website.
Covid-19 has had a negative impact on Islamic banks. However, measures are being put in place to boost participatory finance.
Islamic banks are showing a decline in performance after two years of operation. Few Moroccans are turning to Islamic finance.
Despite the good performance recorded from June 2018 to April 2019, the Islamic finance sector will face difficulties in maintaining its current pace of growth.