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Iraqi Islamic banks will raise the banner of small and medium enterprises in Oman
Tuesday 11/08/2015 7:29
student head of the Iraqi Islamic Association of Banks - Commissioner of the Islamic National Bank Sadiq al-Shammari b Director: "The formation of portfolio credit, especially small and medium enterprises",
and disclosed Shammari in his speech for the "Iraq today" for the right, which invited him to this claim: "The Small and Medium Enterprises Forum - the road to economic growth, which will be held in Amman on the 26 / August / current, will be of extreme importance, as will shed light on the role of small and medium-sized enterprises in achieving economic and social development, and research on the importance of financial inclusion, and the requirements of the favorable environment for strengthening the role of the Arab banking sector, and regional and international organizations, and activate the impact of corporate social responsibility in the support and development of small and medium-sized enterprises, and its role in economic development and social justice ", and the paper that will participate in the conference topics, we read:" I will talk at the conference about Islamic banking, and its role in the financing of small and medium enterprises through highlighting Iraq's experience in this type of banking activity achieved in addressing economic and social problems, and reduce unemployment, and job creation, through lay the foundations for sustainable development that give priority to the rights of present and future generations , and harnessing the financial returns for the banking sector in supporting productive activities that are sector and small and medium enterprises and micro, "and other things Thoudy his interest, it will provide interest in her at the conference:" I will put in the conference the importance of developing a portfolio of credit for small and medium projects, devoting finances for this type of activity as an essential part of the work, to revive the Arab economies and the development of the productive sectors of them, "and the benefits of doing this step credit so to us the expression:" Such a move would attract Arab and foreign funds able to move the wheel of development capital ", an indication of us in this regard "Islamic banks experience in Iraq, were able to achieve a qualitative active pointing, despite the exceptional circumstances experienced by the country, and the difficulties facing the economic sectors in the forefront of the banking sector", and the size of Islamic banks in Iraq: "The size of the spread of Islamic banks in Iraq , it increased during the 10 years a very high rate, which rose to more than 10 banks, has doubled its own funds capital, for more than $ 2.5 trillion dinars .. which is equal to about two billion US dollars, and has more than 100 branches, covering most provinces, and offer their services despite the obstacles encountered in their work, most notably the absence of a law for Islamic banking, which is expected to be prescribed. Iraqi Council of Representatives soon, after admitting from the Central Bank of Iraq, "On the subject of" financial inclusion "and its role in the work of the Conference, commented Shammari" The issue of financial inclusion, and its role in the small and medium enterprise development, will receive a significant share of the proposals to be presented by the participants in the Amman conference ", and for the benefit of" financial inclusion ":" The idea of financial inclusion, based on the empowerment of low-income people of access to financial services various banking, especially in the field of open financial account or obtain financing at a lower cost, "and his expectations for the success of the Forum:" The Amman meeting is expected to witness an active presence in the field of eating formulas and products of Islamic finance small and medium enterprises, and the development of its role in social justice , the study of the dimensions of the Iraqi Islamic banks experience, in the forefront of the national Islamic bank, and achieved a qualitative development, in tune with that experienced Islamic banking in the world, and must inform the reader note that international reports have quoted as saying experts, said that "small enterprises and medium-sized , accounts for about 8 per cent of the total funds provided by Arab banks, "arguing that" this percentage very little, as it does not exceed about half the funding for large companies by the Society of Arab Banks ", as noted by these reports:" The region Arabic is facing a high rate of unemployment, particularly in the proportion of young people and women while Arab countries are making efforts for the development of the size of these projects ", and to reach those Altgariraly Result:" The banking sector's important role in the financing of small and medium enterprises under the sound investment environment ", calling for "Focus on the young and the young people and women investors, and in marginalized areas where poverty and unemployment are more than others
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Tuesday 11/08/2015 7:29
student head of the Iraqi Islamic Association of Banks - Commissioner of the Islamic National Bank Sadiq al-Shammari b Director: "The formation of portfolio credit, especially small and medium enterprises",
and disclosed Shammari in his speech for the "Iraq today" for the right, which invited him to this claim: "The Small and Medium Enterprises Forum - the road to economic growth, which will be held in Amman on the 26 / August / current, will be of extreme importance, as will shed light on the role of small and medium-sized enterprises in achieving economic and social development, and research on the importance of financial inclusion, and the requirements of the favorable environment for strengthening the role of the Arab banking sector, and regional and international organizations, and activate the impact of corporate social responsibility in the support and development of small and medium-sized enterprises, and its role in economic development and social justice ", and the paper that will participate in the conference topics, we read:" I will talk at the conference about Islamic banking, and its role in the financing of small and medium enterprises through highlighting Iraq's experience in this type of banking activity achieved in addressing economic and social problems, and reduce unemployment, and job creation, through lay the foundations for sustainable development that give priority to the rights of present and future generations , and harnessing the financial returns for the banking sector in supporting productive activities that are sector and small and medium enterprises and micro, "and other things Thoudy his interest, it will provide interest in her at the conference:" I will put in the conference the importance of developing a portfolio of credit for small and medium projects, devoting finances for this type of activity as an essential part of the work, to revive the Arab economies and the development of the productive sectors of them, "and the benefits of doing this step credit so to us the expression:" Such a move would attract Arab and foreign funds able to move the wheel of development capital ", an indication of us in this regard "Islamic banks experience in Iraq, were able to achieve a qualitative active pointing, despite the exceptional circumstances experienced by the country, and the difficulties facing the economic sectors in the forefront of the banking sector", and the size of Islamic banks in Iraq: "The size of the spread of Islamic banks in Iraq , it increased during the 10 years a very high rate, which rose to more than 10 banks, has doubled its own funds capital, for more than $ 2.5 trillion dinars .. which is equal to about two billion US dollars, and has more than 100 branches, covering most provinces, and offer their services despite the obstacles encountered in their work, most notably the absence of a law for Islamic banking, which is expected to be prescribed. Iraqi Council of Representatives soon, after admitting from the Central Bank of Iraq, "On the subject of" financial inclusion "and its role in the work of the Conference, commented Shammari" The issue of financial inclusion, and its role in the small and medium enterprise development, will receive a significant share of the proposals to be presented by the participants in the Amman conference ", and for the benefit of" financial inclusion ":" The idea of financial inclusion, based on the empowerment of low-income people of access to financial services various banking, especially in the field of open financial account or obtain financing at a lower cost, "and his expectations for the success of the Forum:" The Amman meeting is expected to witness an active presence in the field of eating formulas and products of Islamic finance small and medium enterprises, and the development of its role in social justice , the study of the dimensions of the Iraqi Islamic banks experience, in the forefront of the national Islamic bank, and achieved a qualitative development, in tune with that experienced Islamic banking in the world, and must inform the reader note that international reports have quoted as saying experts, said that "small enterprises and medium-sized , accounts for about 8 per cent of the total funds provided by Arab banks, "arguing that" this percentage very little, as it does not exceed about half the funding for large companies by the Society of Arab Banks ", as noted by these reports:" The region Arabic is facing a high rate of unemployment, particularly in the proportion of young people and women while Arab countries are making efforts for the development of the size of these projects ", and to reach those Altgariraly Result:" The banking sector's important role in the financing of small and medium enterprises under the sound investment environment ", calling for "Focus on the young and the young people and women investors, and in marginalized areas where poverty and unemployment are more than others
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