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Senior banker: Islamic banks need instruction and no laws to regulate work
07/31/2013 | (Voice of Iraq) - Add a comment -
Baghdad (news) said banking expert Habib Qara Gully, that work banking is the process of development and compilation of capital from individuals and invested. said Qara Gully (of the Agency news): The Islamic banks tried to go out for business line snapped benefits of investors, noting that the work built on the basis of participation in the project after the feasibility study it, to make it a percentage greater than the owner of the project and be the owner of the decision. said: that the state is possible to put special instructions to banks by the central bank taking into account the development of Islamic banks and financial investment, referring to the The Islamic banks involved with the business in all its laws, except for interest and partnership. referred to 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 the Bank of investment and the Islamic Bank and National Bank, as well as other banks updated.
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07/31/2013 | (Voice of Iraq) - Add a comment -
Baghdad (news) said banking expert Habib Qara Gully, that work banking is the process of development and compilation of capital from individuals and invested. said Qara Gully (of the Agency news): The Islamic banks tried to go out for business line snapped benefits of investors, noting that the work built on the basis of participation in the project after the feasibility study it, to make it a percentage greater than the owner of the project and be the owner of the decision. said: that the state is possible to put special instructions to banks by the central bank taking into account the development of Islamic banks and financial investment, referring to the The Islamic banks involved with the business in all its laws, except for interest and partnership. referred to 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 the Bank of investment and the Islamic Bank and National Bank, as well as other banks updated.
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