Appendix: the evolution of Islamic banks is due to the facilities provided by the citizens

01-09-2013 11:46 AM

Baghdad (news) .. He specialized in economic affairs as Abdul Hadi, the Islamic banks appeared in harmony with the needs of the citizen through deals offered by them and appetite began to grow more than other commercial banks.

Abdul Hadi said (of the Agency news): The bank began increasing awareness of the increasing popularity of Islamic banks because it is in harmony with the needs of the citizen by providing some facilities and cover their needs without the benefits of a support small businesses and sell cars and other installments.

He added: Islamic banks appeared to take special care of by the central bank because of their economic importance of dealing with investors and customers.

And: that the central bank began issuing instructions to cover certain aspects of the work of these banks because it is constantly evolving and need to support reinforces its economy.

It is said that in Iraq banks government representing the state two banks, Rafidain and Rasheed, in addition to other banks, most importantly, the agricultural cooperative and real estate, was established as the banks civil many since 2003, including the Commercial Bank and Investment Bank and the Islamic Bank and National Bank, as well as other banks updated.


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