In 2022, the Islamic banking sector in Morocco held a *** percent market share by total assets, falling behind other North African countries. Tunisia had the highest market share with *** percent. It was followed by Egypt at **** percent, and Algeria at *** percent. This relatively low share is attributed to the sector's inception in Morocco in 2017. The Moroccan authorities aimed to increase this share to **** percent by 2024.Â
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Fitch Ratings. (March 14, 2023). Market share of the Islamic banking sector in North Africa in 2022, by total assets [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 04, 2026, from /statistics/1541547/islamic-banks-market-share-in-north-africa-by-total-assets/
Fitch Ratings. "Market share of the Islamic banking sector in North Africa in 2022, by total assets." Chart. March 14, 2023. ÌÇÐÄÆƽâ°æ. Accessed August 04, 2026. /statistics/1541547/islamic-banks-market-share-in-north-africa-by-total-assets/
Fitch Ratings. (2023). Market share of the Islamic banking sector in North Africa in 2022, by total assets. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 04, 2026. /statistics/1541547/islamic-banks-market-share-in-north-africa-by-total-assets/
Fitch Ratings. "Market Share of The Islamic Banking Sector in North Africa in 2022, by Total Assets." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 14 Mar 2023, /statistics/1541547/islamic-banks-market-share-in-north-africa-by-total-assets/
Fitch Ratings, Market share of the Islamic banking sector in North Africa in 2022, by total assets ÌÇÐÄÆƽâ°æ, /statistics/1541547/islamic-banks-market-share-in-north-africa-by-total-assets/ (last visited August 04, 2026)
Market share of the Islamic banking sector in North Africa in 2022, by total assets [Graph], Fitch Ratings, March 14, 2023. [Online]. Available: /statistics/1541547/islamic-banks-market-share-in-north-africa-by-total-assets/
