Banque Zitouna is the first Islamic bank in

Tunisia ) , image_map = Tunisia location (orthographic projection).svg , map_caption = Location of Tunisia in northern Africa , image_map2 = , capital = Tunis , largest_city = capital , ...

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 (Mohamed Sakhr El Materi, ar, محمد صخر الماطري, born 2 December 1981) is a Tunisian businessman. He is the son-in-law of Zine El Abidine Ben Ali, who was President of Tunisia until 2011. In 2010 (prior to the Tunis ...

, Chairman of

Princesse El Materi Holdings Princesse El Materi Holding was a company created by the Tunisian businessman Sakher El Materi, the son-in-law of Zine El Abidine Ben Ali, who was President of Tunisia until 2011. Princesse El Materi Holdings used nepotism and improper money to acqu ...

. The Islamic Bank of Zitouna plans to grow by 20 branches per year and hopes to expand from Tunisia into neighbouring countries." - CIBAFI

References

External links

Banque Zitouna (official homepage)
{{DEFAULTSORT:Zitouna 2009 establishments in Tunisia Banks of Tunisia Banks established in 2009 Islamic banks Organisations based in Tunis Economy of Tunis