Banque Zitouna
Encyclopedia
Banque Zitouna is the first Islamic bank in Tunisia
and the Maghreb region (North Africa) with the capital of $30 million, aiming at developing Islamic loan and saving products for businesses and individuals.
Banque Zitouna was established in 2009 by the Tunisian businessman, Mohamed Sakher El Materi
, Chairman of Princesse El Materi Holdings.
The Islamic Bank of Zitouna plans to grow by 20 branches per year and hopes to expand from Tunisia into neighbouring countries. "
Tunisia
Tunisia , officially the Tunisian RepublicThe long name of Tunisia in other languages used in the country is: , is the northernmost country in Africa. It is a Maghreb country and is bordered by Algeria to the west, Libya to the southeast, and the Mediterranean Sea to the north and east. Its area...
and the Maghreb region (North Africa) with the capital of $30 million, aiming at developing Islamic loan and saving products for businesses and individuals.
Banque Zitouna was established in 2009 by the Tunisian businessman, Mohamed Sakher El Materi
Sakher El Materi
Sakher El Materi is a Tunisian businessman. He is the son-in-law of Zine El Abidine Ben Ali, the former president of Tunisia....
, Chairman of Princesse El Materi Holdings.
The Islamic Bank of Zitouna plans to grow by 20 branches per year and hopes to expand from Tunisia into neighbouring countries. "