Iraqi financial transfer company turned into an Islamic bank

Number of views 521 Date 04/06/2017 - 21:40

Economy News Baghdad:

A leading financial source said on Sunday that Al-Marg International Financial Transfer Company has become an Islamic bank after approval by the Central Bank.

The source, who preferred not to be named for "Economy News", that "the company world turf turned into an Islamic bank after the approval of the Central Bank," adding that "the bank will be named (International Bank of Trust)."

He explained that "the Iraqi market for securities stopped trading on the shares of the world turf for financial conversion after the issuance of permission to practice Islamic banking work and to amend the activity of the company to an Islamic bank entitled (Bank of International Trust) of the Central Bank of Iraq.

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