Morocco: La Marocaine Vie launches the activities of its Islamic insurance branch

(Ecofin Agency) – Five months after obtaining its approval to create an Islamic insurance window in Morocco, La Marocaine Vie announced the start of the activities of this entity, with the initial presentation of three Sharia-compliant products. La Marocaine Vie announced on Tuesday, June 28th, the launch of the activities of its subsidiary Marocaine Takaful, … Read more

Insurance: 51 takaful contracts received by Akapis as of June 29

Takaful, which has just been officially launched in Morocco, presents a new model of insurance management in the market. The sector regulator, which has so far granted approvals to seven participating banks, organized a keynote lecture on Wednesday in Casablanca to explain this model, its peculiarities and the new concepts it introduces. Infographics. Takaful, which … Read more

Morocco: Justice tries 65 migrants after Melilla drama

The Moroccan judiciary decided to try 65 migrants, mostly Sudanese, for their participation in the attempt to cross into the Spanish enclave of Melilla from Morocco on Friday, we learned on Monday from the defense.The Court of First Instance in the Moroccan city of Nador (North), which borders Melilla, charged 37 migrants with “illegal entry … Read more