L’ijara mountahia bitamlik (IMB) est un contrat par lequel une banque participative met à la disposition d'un client, à titre locatif, un bien déterminé propriété de ladite banque. Au terme de la location, la propriété du bien est transférée au client selon les modalités convenues entre les parties (cf. article 58 de la [...]
Le Dahir n° 1-15-106 du 12 Chaoual 1436 (29 juillet 2015) portant promulgation de la loi n° 78-12, modifiant et complétant la loi n° 17-95 relative aux sociétés anonymes, a été promulgué au Bulletin Officiel n° 6390 bis du 28 août 2015 (Loi). Longtemps attendue par les praticiens, la Loi modifie et complète [...]
Le parlement marocain a adopté à l’unanimité le 25 novembre 2014 la nouvelle loi n° 103.12 relative aux établissements de crédit et organismes assimilés, dont le troisième titre est entièrement consacré aux banques participatives (islamiques). Cette loi permettra à tous les établissements financiers marocains de lancer une filiale dédiée à présenter des produits [...]
The years 2011 and 2012 in Morocco were marked by the reelection of the members of Parliament and the constitution of a new government. Because of that political process and the imminence of the 2013 Tax Bill, Finance Law 2012 (FL2012) was not adopted until May 15, 2012, and was relatively limited in [...]
The 2008 Finance Act published in Official Gazette 5591 bis (December 31, 2007) marked a continuation of Morocco's efforts to create a transparent tax climate for domestic and foreign investors. However, if some of the tax provisions enacted during 2008 were constructive steps that made Morocco more attractive to new investors, other provisions [...]
In 2005, Morocco’s tax administration began an overhaul of its tax legislation that is still underway. The 2007 Finance Bill (Dahir No. 1-06-23, published in the official gazette on December 31, 2006) was an essential part of that process, with all tax legislation being amalgamated into a single tax code. The 2008 Finance [...]
The Moroccan tax system has been completely revised over the last two years. The changes were initiated to reinforce the transparency and rational-ity of the tax system. After the 2005 Finance Bill merged several legal texts into a single tax procedure book (Liure des procedures fiscales), the 2006 Finance Bill was a step [...]