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The Center for Banking Studies at the Central Bank holds its first annual conference
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Economy News - Baghdad
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Added 12/20/2023 - 5:37 PM
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Economy News - Baghdad
The Central Bank of Iraq announced, on Wednesday, its organization of the conference “Sovereign Sukuks as a Tool for Financing Economic Development Projects,” which witnessed local and Arab participation.
The Central Bank said in a statement, received by Al-Iqtisad News, that the Center for Banking Studies at the bank organized “its first annual conference, which carried the slogan (Sovereign Sukuks are a tool for financing economic development projects) with local and Arab participation.”
The statement added that the conference "discussed in its three sessions the importance of sukuks as one of the tools for economic development and their legal aspects, as well as the practical steps for issuing sukuks, hosting the most prominent officials and experts in the Iraqi and Arab banking sector."
The statement indicated that the conference opened with a speech delivered by the Deputy Governor of the Central Bank of Iraq, Dr. Ammar Hamad Khalaf, on behalf of His Excellency the Governor, in which he pointed out the importance of the topic that was chosen for this conference, which coincided with the presentation of the draft Islamic Sukuk Law to the Iraqi Parliament two weeks ago. ", reviewing the role of the center and its importance in developing workers in the Iraqi banking sector."
He stressed that the participants praised "the role of the Central Bank of Iraq in holding this event because of its role in expanding the areas of financing and investment in accordance with the modern Islamic formulation. The conference concluded with a set of recommendations that emerged from the participating papers."
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Added 12/20/2023 - 5:37 PM
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