Sayadi calls for the closure of all Islamic banks for violating Islamic law

Sayadi calls for the closure of all Islamic banks for violating Islamic law

Mon, 25 Feb 2019 06:54:24

Sayadi calls for the closure of all Islamic banks for violating Islamic lawMP Kazem Sayadi on Monday called for the closure of all Islamic banks for violating Islamic law, while calling for the closure of non-Iraqi banks to practice some money laundering.

“All Islamic banks should be closed for violating Islamic law,” Sayyadi said, calling for “opening the investigation of capital for all investors and applying justice where you have it.”

Al-Sayadi stressed the need to “merge the rest of the banks and raise the value required to give the license to open the banks to trillion Iraqi dinars, because it is a non-investment bank,” calling for “the closure of all non-Iraqi banks to the existence of suspicions of some practice money laundering.”

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