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Finance Committee calls for the integration of the Islamic Banking Act for approval

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rocky
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Finance Committee calls for the integration of the Islamic Banking Act for approval

Post by rocky on Wed 26 Jun 2013, 6:38 pm

Finance Committee calls for the integration of the Islamic Banking Act for approval


06/26/2013

BAGHDAD / JD / .. demanded that the Finance Committee in the House of Representatives of the need to include the Islamic Banking Act to a vote, criticizing the lack of support for those banks, even if its foundation. Said committee member Abdul Hussein al-Yasiri member told the reporter / JD / that the House of Representatives that the inclusion of the Islamic Banking Act on the agenda for a vote and passed. He said there is an existing Islamic bank in the country, the so-called "Mesopotamia bank" has been appointed General Manager of him, but he متلكئ and does not have a state building. The Committee had discussed earlier in the banking system and Islamic efforts of the Ministry of Finance in order to cancel the bank interest in the future and the first of canceling interest usury contained in loans the Land Bank after the anticipated increase in capital, which will be reflected on the citizens and without interest. / End / / 23


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