Abadi adviser calls for the formation of a financial portfolio
Economy News / Baghdad ...
updated 02/07/2017
- 18:31
Financial Adviser to the Prime Minister, Dr. said. The appearance of Mohammed Saleh, said that Islamic banks demand the formation of an Islamic portfolio through Islamic instruments, pointing in percentage that the federal budget for 2017 to allow the establishment of such a portfolio.
Saleh said in a press statement, that Iraq is the founder of the Islamic banking and the Martyr al-Sadr first books in this type of banking, pointing out that the year 2014 witnessed another reformist developments in this detailed through the issuance of Islamic instruments.
And Saleh stressed the importance of building a financial pyramid through Islamic instruments, calling on Islamic banks and the private sector to enter into partnerships check benefit the national economy, as it represents the basis of economic development funding.
Islamic banking and popping into existence in 1975, a portfolio of $ 175 million, then expanded horizontally to reach the various countries of the world and began leading international banks to open Islamic banking windows. https://economy-news.net/content.php?id=6658