Advisor to the Central Bank: Open a new Islamic banks will enhance the work of state banks

Advisor to the Central Bank: Open a new Islamic banks will enhance the work of state banks
On: Tuesday 06/26/2012 13:51

Baghdad (news) .. Confirmed the central bank adviser appearance of Mohammed Saleh, that the opening of Islamic banks will enhance the work of government banks and limit the operations of corruption Banking and attract citizens to save their money in banks.
Saleh said (of the Agency news) said on Tuesday: The opening of Islamic banks new will enhance the work of banks and attract people to save money they are dealing with tools Muslim based on Halal and Haram in Islamic law and on the profit-sharing between the bank and the customer is not based on usury. He explained: that the initiative of the Finance Committee, which has coordinated with the Central Bank to develop a project to open bank rivers Muslim after the holiday, the legislature, are beginning to form Islamic banks large in Iraq. He added that the Finance Committee put forward the project to read and then presented to the House of Representatives for a vote in the coming days. / End / 21. d. Q /
Source: ikhnews