Zain Bank: Diversifying the products of Islamic banks supports sustainable development
(Independent) .. confirmed Associate Commissioner Bank Zain Director Iraq Islamic Raghad Nabil al - Alusi said , "the reality of the ethnic economy requires the development of the joints of the work in the financial sector , which is the focus of the President of the support of the economic development process , " pointing to " the need to adopt plans tend to Athakiq diversity in revenue from Through the Islamic banking products that have recently done in Iraq and have proved a great success in the world . "
Al-Alusi said that the first stages of the work should focus on creating human resources efficiently, as it is an important focus in the overall financial activities, through the involvement of specialized courses under the supervision of international financial expertise and this is what works on the bank, Zain Islamic Iraq, noting the need to pay attention to compliance and Money and risks in all banks . "
The banking system in Iraq expanded significantly after 2003 and now consists of 70 private sector exclusively with its traditional and Islamic banks.
She pointed to "the importance of the actual trend in the multiplicity of banking products, which are offered to customers to support all joints of the market productive and service, which represents the trend to benefit the national economy and support development."
Al-Alusi stressed the need for Islamic banks to provide all financing and investment activities on a non-Islamic basis, which is to be implemented in accordance with the provisions of the Islamic Sharia by opening investment accounts with banks' funds for those who wish to invest in all the requirements of Islamic shariah (Murabaha, Mudaraba, .
[You must be registered and logged in to see this link.]