Established in 2006 as a Community of Reality

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Neno's Place Established in 2006 as a Community of Reality


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I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


5 posters

    Member: Finance Committee is seeking to legislate a special law for Islamic banks and amend the curr

    Rocky
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    • Post n°1

    Member: Finance Committee is seeking to legislate a special law for Islamic banks and amend the curr Empty Member: Finance Committee is seeking to legislate a special law for Islamic banks and amend the curr

    Post by Rocky Sat 27 Jul 2013, 3:57 am

    Member: Finance Committee is seeking to legislate a special law for Islamic banks and amend the current banking law

    27-07-2013 11:30 AM







    Baghdad (news) .. Said a member of the Finance Committee MP / coalition of Kurdish blocs / Dler able, for the pursuit of its parliamentary legislation of a special law for Islamic banking allows the creation of state-owned banks operating under Islamic law, in addition to modify the Quaon banks year. said is capable (of the Agency news): The Banking Act current Ivy purpose Many experts and specialists advise the House of Representatives and the Finance Committee in particular legislation of a new law for banks in line with the current stage and thereto developments in various fields. said: that Islamic banking in Iraq began active and grow so resorted Ministry of Finance to open windows for Islamic banking in state banks, the fact that the majority of the Iraqi people, Muslim and committed beliefs of religious and warned of dealing with the commercial banks 'usury.' and continued: So the necessity urgently to legislate a special law for Islamic Banks regulates the work and allows the creation of state-owned banks specialized Islamic banking, stressing that the Finance Committee is seeking to achieve this. / End / 8.'s. m /


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    weslin3
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    • Post n°2

    Member: Finance Committee is seeking to legislate a special law for Islamic banks and amend the curr Empty Re: Member: Finance Committee is seeking to legislate a special law for Islamic banks and amend the curr

    Post by weslin3 Sat 27 Jul 2013, 6:40 am

    banking in Iraq began active


    So maybe already implemented?
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    Hkp1
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    • Post n°3

    Member: Finance Committee is seeking to legislate a special law for Islamic banks and amend the curr Empty Member: Finance Committee is seeking to legislate a special law for Islamic banks and amend the curr

    Post by Hkp1 Sat 27 Jul 2013, 2:35 pm


    Member: Finance Committee is seeking to legislate a special law for Islamic banks and amend the current banking law





    27-07-2013 11:30 AM


    Baghdad (news) .. Said a member of the Finance Committee MP / coalition of Kurdish blocs / Dler unable, for the pursuit of the parliamentary committee for legislation of a special law for Islamic banking allows the creation of state-owned banks operating under Islamic law, in addition to changed banks Quaon year.

    He is capable (of the Agency news): The current Banking Act Ivy purpose Many experts and specialists advise the House of Representatives and the Finance Committee in particular enactment of a new law for banks in line with the current stage and undergone developments in various fields.

    He added: Islamic banking in Iraq are active and began to grow so resorted Ministry of Finance to open windows for Islamic banking in the state-owned banks, the fact that the majority of the Iraqi people and committed Muslim religious beliefs and warned against dealing with the commercial banks 'usury'.

    He continued: therefore, an urgent need for legislation of a special law for Islamic banks organize their work and allows the creation of specialized government banks for Islamic banking, stressing that the Finance Committee is seeking to achieve this. / End / 8.'s. M /




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    weslin3
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    • Post n°4

    Member: Finance Committee is seeking to legislate a special law for Islamic banks and amend the curr Empty Re: Member: Finance Committee is seeking to legislate a special law for Islamic banks and amend the curr

    Post by weslin3 Sat 27 Jul 2013, 2:58 pm

    Ok special law to be put in force... Thanks Hkp1 and rocky.
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    Rocky
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    • Post n°5

    Member: Finance Committee is seeking to legislate a special law for Islamic banks and amend the curr Empty Representative confirms its financial legislation of the special law for Islamic banks and amend the

    Post by Rocky Mon 29 Jul 2013, 3:48 am

    Representative confirms its financial legislation of the special law for Islamic banks and amend the current banking law



    July 29, 2013 In economic

    Baghdad: Iraq-News Network announce financial Committee member Rep. Jimmy, parliamentary Committee seeking to legislate a special law for Islamic banking allows banks to Government work in accordance with the Islamic Sharia, in addition to modifying kaon said public banks unable to "Islamic banking in Iraq began to operate and grow so used the Ministry of finance opens Islamic banking Windows at Government banks, the fact that the majority of Iraqi people are Muslim and committed to religious beliefs and warned against dealing with RIBA-based banks."






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    weslin3
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    • Post n°6

    Member: Finance Committee is seeking to legislate a special law for Islamic banks and amend the curr Empty Re: Member: Finance Committee is seeking to legislate a special law for Islamic banks and amend the curr

    Post by weslin3 Mon 29 Jul 2013, 7:59 am

    Had to look up the RIBA bank;


    Riba (Arabic: ربا‎ ribā, IPA: [ˈrɪbæː]) means Interest. Riba is forbidden in Islamic economic jurisprudence (fiqh) and considered as a major sin. Simply, unjust gains in trade or business, generally through exploitation.

    There are two types of riba discussed by Islamic jurists: an increase in capital without any services provided and speculation (Maisir), which is prohibited by the Qur'an, and commodity exchanges in unequal quantities, also prohibited in the Qur'an.

    But looks like they are getting the bank laws in place.
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    weslin3
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    • Post n°7

    Member: Finance Committee is seeking to legislate a special law for Islamic banks and amend the curr Empty Re: Member: Finance Committee is seeking to legislate a special law for Islamic banks and amend the curr

    Post by weslin3 Mon 29 Jul 2013, 8:17 am

    So they better stay away from the US banks.... because they are going to have interest.
     :D 
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    ron-man
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    • Post n°8

    Member: Finance Committee is seeking to legislate a special law for Islamic banks and amend the curr Empty Re: Member: Finance Committee is seeking to legislate a special law for Islamic banks and amend the curr

    Post by ron-man Mon 29 Jul 2013, 10:14 am

    Thanks wes,very interesting.
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    fonz1951
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    • Post n°9

    Member: Finance Committee is seeking to legislate a special law for Islamic banks and amend the curr Empty Re: Member: Finance Committee is seeking to legislate a special law for Islamic banks and amend the curr

    Post by fonz1951 Mon 29 Jul 2013, 10:23 am

    weslin3 wrote:So they better stay away from the US banks.... because they are going to have interest.
     :D 

     sweet! can't imagine a world where you don't get screwed at the bank!
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    • Post n°10

    Member: Finance Committee is seeking to legislate a special law for Islamic banks and amend the curr Empty Re: Member: Finance Committee is seeking to legislate a special law for Islamic banks and amend the curr

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