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The beginning of next month .. the opening of the first Islamic bank in the Iraq government 09/23/2015 BAGHDAD / Jassim al-Tai / .. Director General of the Islamic Bank of Mesopotamia Abdul Hussein Mundhiri revealed that the Ministry of Finance and the opening of the first Islamic bank government in Iraq beginning next month. Mundhiri said in a statement singled out by the agency / JD /: The Ministry of Finance will open on the first of next month, the first Islamic bank in Alarac.mbana government that the bank obtained all regulatory approvals for the purpose of direct action which according to Islamic law. He added that the bank completed its preparations Alojstah to start work in accordance with the Islamic law and with a capital estimated at 150 billion dinars and through six branches, three of them in Baghdad, and three others in Najaf, Basra and Fallujah stalled for work as a result of military operations. He pointed Mundhiri that the bank will begin to receive applications wishing to obtain these loans in the first of next month, according to the agreement with the Ministry of Finance and the Central Bank of Iraq after completing all their preparations to work the granting of loans with the participation of the payments system and clearing and electronic system the (GPS). He stressed that Mundhiri loans will be granted for the purpose of Murabaha real estate, cars and goods and to support small and medium enterprises in accordance with the mechanism of Islamic instruction after it has been put through the approval of the Sharia Supervisory Board. / End / 22 /
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The Swiss National Bank informs the Central Bank of Iraq of the renewal of its banknote of 100 francs October 16, 2019
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Sorry, no date on this..... http://translate.google.com/translate?sl=ar&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&eotf=1&u=www.annaharkw.com%2Fannahar%2FArticle.aspx%3Fid%3D389560%26date%3D07052013&act=url Competent confirmed on Islamic banking d. Sadeq Al Shammari continue private banks interact with a series of instructions Central Bank of Iraq, where it began focusing most of the private banks on a capital raising, which defined b (250) billion dinars at the end of June, where more than many banks this ceiling meet with the instructions of the Central, as well as in step To show the extent of which began growth of the financial sector in the country and its role in activating the economic aspects. Al-Shammari said that private banks operate according to the Central Bank, pointing out that the most important challenge standing in front of private banks during the current stage exceeded capital limit of 250 billion dinars, indicating that the banks several announced surpass this figure, pointing out that raising capital for private banks is reflected positively in all circumstances towards activating economic activity, where widening circle of funding for projects, there will also be potential for a bank to enter the investment process as it has been modified some of the instructions of the Central Bank. He Shammari that Islamic banks began to grow rapidly in the country despite the recent experience, and provided such requests to the central bank to enter the field of residential investment authorized by regulations Central and pending approvals in this regard, calling out the importance of a shortcut some episodes excess correspondence official to speed the completion of business and the role of that contain a lot of economic problems within the community, especially the Islamic banking aims to reduce class differences in the same society and provide products in line with the orientations of Muslim communities, as well as it is supported in most of the developed world countries that adopt free market economy.