The Association of Iraqi Private Banks, the Forum of Islamic Banks in Iraq on the twenty-seventh of this month at the Babylon Hotel in central Baghdad.
The Executive Director of the Association of Iraqi Private Banks, Ali Tariq, that “the Islamic banking sector expanded very significantly after the adoption of Islamic Banking Law No. 43 of 2015, which sought the Association of Iraqi private banks to organize the Forum of Islamic banks on the twenty-seventh of this month, Baghdad, “noting that” the forum will focus on Islamic banks on the topics of direct investment and participation in the process of achieving development. ”
He added that “the forum aims to support Islamic banks to increase modern banking services for citizens in addition to shed light on the legislative, legal and technological environment of Islamic banking.”
The number of Islamic banks operating in Iraq exceeded 20 banks, and the Central Bank decided not to increase during the next stage.