IFSB Sec-Gen: Morocco well positioned to become regional Islamic finance hub
Speaking on the sidelines of the 23rd Islamic Financial Stability Forum, held this week in Rabat, Ghiath Shabsigh, Sec-Gen of
Libya’s Speaker of the House of Representatives (HoR), Aqila Saleh, has cut the tax imposed on the banks' selling price of foreign currencies to 15% for all purposes, instead of 20%. It is the second reduction in the last few months, known as the "dollar tax", which had been reduced last October for the first time to 20% instead of the 27%.
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