Money sent to relatives serves a different purpose from money invested in a fund. Both matter to Morocco, but they require different services and different measures of success.
Published on 4 November 2026, the Moroccan Capital Market Authority’s report examines foreign investment in financial instruments during 2025.
Its scope includes qualifying foreign-currency-funded investments by Moroccans abroad. Within the foreign investment category for collective investment funds, MRE holdings account for 49% of the amount held by individuals. This is not their share of Morocco’s entire fund industry.
The finding raises a useful policy question: how well does Morocco’s financial industry serve customers whose earnings, residence and future plans span more than one country?
Rising values do not equal new inflows
Foreign holdings of listed shares reached MAD 220 billion at the end of 2025, up 21.2%, with higher share prices largely explaining the increase. That change cannot be read as an equivalent injection of fresh money.
The distinction matters to individual investors. A portfolio can grow without additional contributions—and lose value when prices fall. Past market gains do not establish whether an investment suits someone’s needs.
A sensible starting point is the purpose of the savings. Money needed soon for housing or relocation has different requirements from long-term capital. Investors should seek clear explanations of risk, fees, withdrawal arrangements and currency exposure. Tax and transfer questions require assessment against their own residence and circumstances.
The report also suggests an agenda for better information. More detailed diaspora data could help identify gaps in remote account management, product understanding and customer support.
Moroccans abroad should be treated as clients making financial decisions, with distinct goals and constraints. Building that relationship requires transparent products and dependable service.
💬 Comments (0)
No comments yet. Be the first!
✏️ Leave a comment