Expert: Banks revive the Islamic banking movement in Iraq
Date: 06/10/2015 16:27

Said economist appearance of Mohammed Saleh, Tuesday, that the banking movement in Iraq will Mlhaudha improvement after the entry of Islamic banks to the economic arena to compete with commercial counterparts, noting that most Iraqis will deal with these banks for their commitment to the legitimate standards.

Saleh said in a statement to the Agency / information /, that "the banking movement in Iraq will see a marked improvement as a result of the entry of Islamic banks to the economic arena after private law legislation work to become a strong competitor to commercial counterparts Almanmanh during the past period."

He added that "most Iraqis and Muslims Mtdinyin and try to deal in accordance with the principles of Islamic law and are moving away from the forbidden as usury in Islam, and on this basis, the Islamic banks will see a high turnout by the citizens for their compatibility with the legitimate Meulathm".

The Iraqi Council of Representatives, the voice of the majority, in (1 -10 -2015), during its 25th legislative term of the first second legislative year, the project of the Islamic Banking Act. It ended 25