Expert: Banks revive the Islamic banking movement in Iraq

Date: 06/10/2015

Information / special / ..
Said economist appearance of Mohammed Saleh, Tuesday, that the banking movement in Iraq will Mlhaudha improvement after the entry of Islamic banks to the economic arena to compete with commercial counterparts, noting that most Iraqis will deal with these banks for their commitment to the legitimate standards.

Saleh said in a statement to the Agency / information /, that "the banking movement in Iraq will see a marked improvement as a result of the entry of Islamic banks to the economic arena after private law legislation work to become a strong competitor to commercial counterparts Almanmanh during the past period."

He added that "most Iraqis and Muslims Mtdinyin and try to deal in accordance with the principles of Islamic law and are moving away from the forbidden as usury in Islam, and on this basis, the Islamic banks will see a high turnout by the citizens for their compatibility with the legitimate Meulathm".


The Iraqi Council of Representatives, the voice of the majority, in (1 -10 -2015), during its 25th legislative term of the first second legislative year, the project of the Islamic Banking Act.


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Association calls for banks to encourage Islamic banks own


Author: Publisher on: October 6, 2015


BAGHDAD / Center Brief for the Iraqi Media Network (IMN) - The Executive Director of the Association of Iraqi private banks Ali Tariq vacationer, the government to promote the opening of Islamic banks, and the inclusion of private banks, the law of Islamic banking, which has recently been initiated by parliament, and its support for these banks.

A vacationer's (IMN) said that "the government resorting to open rivers Islamic Bank will contribute to the improvement of the Islamic banking sector, and lead to attract the largest audience to deal with it, and includes categories that were to refrain from dealing with the banking sector."

Vacationer "The House of Representatives began the Islamic Banking Act, which will lead to the growth of Islamic banks faster than traditional banking, and we hope that the support of the private sector also have not only government banks."

The government is seeking to open its first Islamic bank in Iraq multidisciplinary, stressing that the bank with a capital of more than 130 billion dinars. .


http://center-imn.net/1/?p=36166