Economic Commission: the demand for non-usurious banks increasingly need to be put laws have
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Economic Commission: the demand for non-usurious banks increasingly need to be put laws have
Admin Mon Nov 25, 2013 8:24 am
BAGHDAD - Iraq Press - November 25 / November: A member of the Economic Committee, the National Alliance MP Jassim Chenkali, "The banking awareness began to grow increasing the demand for Islamic banking is usury because it is in harmony with the needs of the citizen."
He Chenkali that "It is through the facilities free of interest and provided by Islamic banks are the cause of great demand by other than banks usury and other businesses," he said, adding that "Islamic banks have taken very special care by the central bank because of its economic importance to deal with the investor and the customer ".
He said the "Islamic banks need to be mechanisms and laws that differ from the force in the commercial banks and usury through guarantees and the way they work and their performance."
He added that "the state put special instructions to the banks by the central bank, taking into account the development of Islamic banks and financial investment in order to support this vital sector."
http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http://www.iraqpressagency.com/&sandbox=0&usg=ALkJrhg4FMAUxlI-BavvPCjsZzuS2yYuyA
He Chenkali that "It is through the facilities free of interest and provided by Islamic banks are the cause of great demand by other than banks usury and other businesses," he said, adding that "Islamic banks have taken very special care by the central bank because of its economic importance to deal with the investor and the customer ".
He said the "Islamic banks need to be mechanisms and laws that differ from the force in the commercial banks and usury through guarantees and the way they work and their performance."
He added that "the state put special instructions to the banks by the central bank, taking into account the development of Islamic banks and financial investment in order to support this vital sector."
http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http://www.iraqpressagency.com/&sandbox=0&usg=ALkJrhg4FMAUxlI-BavvPCjsZzuS2yYuyA
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