?Real estate financing systems in Morocco, from classic banks to participatory (Islamic) banks, what alternatives

Abstract

 Real estate finance is intended by the desire of individuals, companies, institutions,
 and others to finance the purchase, manufacture, or construction of a property, so the applicant
 means a financial institution or any financing agency or the like, in order to obtain the financing,
 provided that he pays the value of that financing in time limits Agreed upon by a counterpart of the 
funding body.
Conventional banks include among their financing priorities an interest rate as one of the approved
 standards in their credit policy. In order to achieve this, they set a hypothetical policy according 
to strict procedures and criteria, and they also study the loan file carefully to avoid any expected
 risk. On the other hand, Islamic banks derive the provisions and controls of their work from the
 sources of Islamic law that combine tradition and contemporaryity, and between persistence and 
flexibility, to keep pace with all times and times and meet the needs of man in every time and place.

Accordingly, Islamic Sharia jurists have devised various financing methods, including what is based
 on participation in sheep and fines, and on buying and selling, and also what is appropriate for
 leasing and trade, such as participation, Istisna'a, speculation, murabaha, leasing, and other
 methods that replace the method of financing Loans with interest approved by traditional banks.

Keywords

."financing agency ,expected risk,credit policy,Classic banks,Islamic banks,financiail priorities,financial institution"