Best Savings Products in Morocco 2026 — Full Comparator

This comparator simulates in real time all 9 main savings products available in Morocco and ranks them by net-of-tax capital at your chosen horizon. Calculations apply the tax rules in force under the Finance Act 2026.

How to read this comparator

Enter your initial capital, monthly contributions, and investment horizon. The table updates instantly and ranks products from best to worst based on final net-of-tax capital. Click "Simulate →" to explore the year-by-year breakdown for any product.

PEA vs term deposit vs BVC shares: which to choose over 10 years?
Over 10 years with MAD 10,000 initial + MAD 500/month: BVC equities (~8%/year) or a PEA (~7%/year after tax exemption) typically generate 2× to 3× more net capital than a term deposit (~3%/year). But this comes with significant volatility. Use this comparator and adjust the duration slider to visualise how the advantage of higher-risk products grows over time.
Are the returns shown guaranteed?
No, except for fixed-rate products (term deposit, PEL, Treasury bills). For equities, mutual funds, and stock market products, the returns shown are indicative historical averages. Past performance does not guarantee future results. This simulator is an educational tool — consult a financial advisor or your bank before investing.
Estimated net-of-tax capital by product — 50,000 MAD + 500 MAD/mo, 2026 tax rules
ProductRiskIndicative rateTax (2026)Net @ 5 yrsNet @ 10 yrsNet @ 20 yrs
BVC stocksHigh8% / yr15% gains + 11.25% div.107 015 MAD189 974 MAD490 786 MAD
Equity fundHigh7% / yr11.25% div + 15% gains102 976 MAD176 338 MAD421 830 MAD
Bond fundModerate4% / yr20% redemption gains91 359 MAD140 533 MAD269 613 MAD
Money-market fundLow2.5% / yr20% redemption gains86 856 MAD127 816 MAD224 304 MAD
Term depositGuaranteed3% / yr30% withheld87 283 MAD129 137 MAD229 632 MAD
Treasury billsSovereign3.5% / yr30% interest88 596 MAD132 843 MAD242 814 MAD
PEAHigh7% / yr15% → tax-free after 5 yrs106 678 MAD187 025 MAD462 400 MAD
PELGuaranteed3% / yr30% → tax-free after 3 yrs90 404 MAD137 338 MAD255 189 MAD
PEEModerate5% / yr20% → tax-free after 5 yrs98 171 MAD159 992 MAD341 149 MAD

Individual product simulators

Term Deposit Equity Fund PEA Casablanca Stock Exchange Treasury Bills PEE

Related guides

How to invest in the Casablanca Stock Exchange Term deposit vs money market fund Morocco savings tax guide 2026

Sources: Bank Al-Maghrib — key rate and adjudications; AMMC — OPCVM statistics; Casablanca Stock Exchange — MASI performance. Tax: General Tax Code, Finance Act 2026. Results are indicative — not financial advice.