Morocco has introduced several Islamic banking products to provide viable financial alternatives to clients wary of traditional banking services. Islamic banking continues to grow at a rapid pace due to its value-orientated ethos that enables it to draw finances from both Muslims and non-Muslims alike. Shariah-compliant funds choose investments in accordance with the religious rules that constitute Shariah law, shunning investments in industries such as gambling, alcohol and pornography that are regarded as unehthical.

The funds also stay out of much of the traditional financial sector, which is considered too close to gambling – a factor that has kept them protected from the West's recent sub-prime lending crisis.

Many Moroccans are eager to learn more about the new products. Those who used to balk at the idea of taking out a bank loan for religious reasons regard the new products as a good solution. In response to high demand from the public, Morocco's central bank followed in the footsteps of Islamic banks around the world last October with its approval of Islamic products, which offer a way around interest-bearing loans and other financial products forbidden in Islam. Products on offer include Ijarah, a halal type of leasing contract between a lending institution and a customer. Also available is Musharakah, a contract that enables lending institutions to help businesses finance themselves through the sale of stakes in a future or existing company. In addition, Murabahah enables people to acquire assets without taking out an interest-bearing loan.