Real Estate Murabaha Sees Growth in Morocco
The Bank of Morocco has reported that participatory financing aimed at housing, particularly in the form of “real estate Murabaha” (including previously recorded margins), continued to grow, reaching 29.1 billion dirhams at the end of November last year, compared to 24.5 billion dirhams a year earlier.
The Bank of Morocco, in its latest dashboard concerning “loans and bank deposits,” noted that this financing registered an annual increase of 18.9 percent, and a 16.8 percent rise compared to the end of December 2024.
On another note, the same source highlighted that loans granted to households stabilized at 395 billion dirhams, marking an annual increase of 3.4 percent.
This development is primarily attributed to a 3.4 percent growth in housing loans and a 4.6 percent increase in consumer loans.
