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Towards reforming the profit rate threshold for financial transactions

This policy brief focuses on the need for the review of the Excessive Interest Rates Act. This brief advocates for enforcing a limit on the interest rate threshold by the Central Bank of Tunisia (BCT) and for reforming the current legislation to clarify the profit rate threshold of Islamic finance operations within the framework of “Islamic banking.”

By Rania ZAGHDOUDI | 2 June 2021