Banque Zitouna
in Tunisia 🇹🇳
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About Banque Zitouna in Tunisia
Banque Zitouna is the first Islamic bank in Tunisia and the Maghreb region of North Africa. Founded as a universal commercial bank, it specializes in Sharia-compliant financial products and services for both individuals and businesses. With an initial capital of 30 million Tunisian dinars (approximately $30 million USD), the bank operates under Tunisia's banking regulations while adhering to Islamic finance principles.
The institution has grown to hold a significant position in Tunisia's Islamic banking sector, with market share reaching approximately 6-7% of deposits collected as of 2018.